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2022, January, 11, 11:25:00
WORLDWIDE RIG COUNT UP 19 TO 1,563
The Worldwide Rig Count for December was 1,563, up 19 from the 1,544 counted in November 2021,and up 459 from the 1,104 counted in December 2020.
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2022, January, 11, 11:20:00
U.S. RIGS UP 2 TO 588
U.S. Rig Count is up 2 from last week to 588, Canada Rig Count is up 51 from last week to 141.
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2022, January, 10, 11:50:00
OIL PRICE: NEAR $82
Brent rose 24 cents, or 0.3%, to $81.99 a barrel, WTI was up 22 cents, or 0.3%, at $79.12 a barrel.
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2022, January, 10, 11:45:00
OPEC+ OIL PRODUCTION: + 0.4 MBD
Reconfirm the production adjustment plan and the monthly production adjustment mechanism approved at the 19th OPEC and non-OPEC Ministerial Meeting and the decision to adjust upward the monthly overall production by 0.4 mb/d for the month of February 2022.
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2021, December, 27, 12:00:00
OIL PRICE: NEAR $76 YET
Brent fell 24 cents, or 0.3%, to $75.90 a barrel, WTI were down 97 cents, or 1.3%, at $72.82 a barrel .
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2021, December, 27, 11:55:00
OPEC+ SUCCESSFUL BALANCE
With Russia nearing its maximum capacity and Nigeria, Angola and several other countries struggling to maintain output, OPEC+ sustainable spare capacity will shrink to just 1.2 million b/d by June, lessening the group's ability to offset disruptions.
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2021, December, 27, 11:50:00
RUSSIA'S OIL PRODUCTION WILL UP TO 11 MBD
The country's oil production is set to reach the pre-pandemic level by May next year, as the OPEC+ alliance continues to increase output monthly to meet rising demand.
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2021, December, 27, 11:30:00
OIL PLASMA PULSE TECHNOLOGY
Plasma Pulse Technology was invented at St. Petersburg State Mining University in Russia.
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2021, December, 24, 12:10:00
OIL PRICE: NEAR $76
Brent slid 41 cents, or 0.5%, to $76.44 a barrel , U.S. markets are closed on Friday for the Christmas holiday.
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2021, December, 24, 11:40:00
U.S. RIGS UP 7 TO 586
U.S. Rig Count is up 7 from last week to 586, Canada Rig Count is down 34 from last week to 133.
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2021, December, 23, 16:35:00
OIL PRICE: BELOW $76 ANEW
Brent was up 19 cents, or 0.3%, to $75.48 a barrel , WTI were up 5 cents, or 0.1%, at $72.81 a barrel
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2021, December, 23, 15:55:00
U.S. OIL INVENTORIES DOWN BY 4.7 MB TO 423.6 MB
U.S. commercial crude oil inventories decreased by 4.7 million barrels from the previous week to 423.6 million barrels.
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2021, December, 22, 12:20:00
OIL PRICE: NEAR $74 YET
Brent rose 1 cent, or 0.01%, to $73.99 a barrel, WTI rose 12 cents, or 0.1%, to $71.24 a barrel.
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2021, December, 22, 11:50:00
NORWAY OIL, GAS PRODUCTION 1.999 MBD
Preliminary production figures for November 2021 show an average daily production of 1 999 000 barrels of oil, NGL and condensate.
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2021, December, 21, 13:25:00
OIL PRICE: NOT BELOW $71 YET
Brent was down 8 cents, or 0.1%, at $71.44 a barrel, WTI rose 5 cents, or 0.1%, to $68.66 a barrel.