Upstream
2024, December, 17, 06:15:00
GLOBAL MARKETS(2025) : CARTE BLANCHE
Our forecast Henry Hub natural gas spot price:
Nov. 2024 average: ~$2.10/MMBtu
Rest of winter average: ~$3.00/MMBtu
2024, December, 13, 07:05:00
OIL PRICE: BRENT ABOVE $73, WTI ABOVE $70
Brent edged up 7 cents to $73.48 a barrel, WTI was at $70.11 a barrel, up 9 cents.
2024, December, 13, 06:30:00
WORLDWIDE RIG COUNT DOWN 46 TO 1,708
The Worldwide Rig Count for November was 1,708, down 46 from the 1,754 counted in October 2024, and down 86, from the 1,794 counted in November 2023.
2024, December, 6, 07:00:00
OIL PRICE: BRENT NEAR $72, WTI ABOVE $68
Brent fell 6 cents, or 0.1%, to $72.03 per barrel, WTI lost 1 cent to $68.29 per barrel.
2024, November, 26, 07:00:00
OIL PRICE: BRENT ABOVE $73, WTI ABOVE $69 ANEW
Brent rose 29 cents, or 0.4%, to $73.20 a barrel, WTI were at $69.2 a barrel, up 26 cents, or 0.38%.
2024, November, 26, 06:35:00
OIL PRICE 2025: $76
The investment bank still sees Brent averaging $76 per barrel in 2025, but edged down its 2026 forecast to $71 per barrel on a 0.9 mb/d surplus.
2024, November, 21, 07:00:00
OIL PRICE: BRENT NEAR $73, WTI NEAR $69
Brent rose 16 cents, or 0.2%, to $72.97, WTI rose 16 cents, or 0.23%, to $68.91.
2024, November, 19, 07:00:00
OIL PRICE: BRENT ABOVE $73, WTI ABOVE $69
Brent rose 15 cents, or 0.2%, to $73.45 a barrel, WTI were at $69.31 a barrel, up 15 cents, or 0.2%.
2024, November, 19, 06:45:00
GLOBAL OIL DEMAND UP BY 1.8 MBD
The global oil demand growth forecast for 2024 is revised down slightly by 107 tb/d from the previous month’s assessment to 1.8 mb/d, y-o-y.
2024, November, 14, 07:00:00
OIL PRICE: BRENT NEAR $72, WTI NEAR $68
Brent fell 35 cents, or 0.5%, to $71.93 a barrel, WTI declined 42 cents, or 0.6%, to $68.01.
2024, November, 14, 06:40:00
CHINA, INDONESIA GREEN DEAL $10 BLN
In a joint statement after the leaders' meeting, the countries agreed to enhance collaboration in sectors such as new energy vehicles, lithium batteries, photovoltaics, and the digital economy.
2024, November, 8, 07:00:00
OIL PRICE: BRENT ABOVE $75, WTI NEAR $72
Brent fell 47 cents, or 0.6%, to $75.16 per barrel, WTI fell 55 cents or 0.8% to $71.81.
2024, November, 8, 06:20:00
WORLDWIDE RIG COUNT UP 3 TO 1,754
The Worldwide Rig Count for October was 1,754, up 3 from the 1,751 counted in September 2024, and down 22, from the 1,776 counted in October 2023.
2024, November, 5, 07:00:00
OIL PRICE: BRENT ABOVE $75, WTI ABOVE $71
Brent ticked up 14 cents, or 0.19%, to $75.22 a barrel, WTI was at $71.6 a barrel, up 13 cents, or 0.18%.
2024, November, 5, 06:55:00
OPEC OIL PRODUCTION UP
Supplies from the Organization of Petroleum Exporting Countries increased by 370,000 barrels a day to 29.9 million a day in October, according to a Bloomberg survey. The gain was tempered by reductions in Iraq, Iran and Saudi Arabia.