Upstream
2022, November, 11, 11:10:00
OIL PRICE: BRENT NEAR $96, WTI NEAR $89
Brent rose $2.39, or 2.6%, to $96.06 a barrel, WTI gained $2.24, or 2.6%, to $88.71 a barrel.
2022, November, 11, 10:30:00
U.S. OIL INVENTORIES UP BY 3.9 MB TO 440.8 MB
U.S. commercial crude oil inventories increased by 3.9 million barrels to 440.8 million barrels.
2022, November, 9, 11:10:00
OIL PRICE: BRENT NEAR $95, WTI NEAR $89 AGAIN
Brent fell 9 cents, or 0.1%, to $95.27 a barrel, WTI fell 20 cents, or 0.2%, to $88.71 a barrel.
2022, November, 9, 11:00:00
OIL PRICES 2023: $94 - $98
Growth in OPEC and non-OPEC oil production—most notably production in the United States— keeps the Brent crude oil price in our forecast lower on an annual average basis in 2023 than in 2022. Brent crude oil price will begin rising in 2H23.
2022, November, 7, 12:10:00
OIL PRICE: BRENT NEAR $98, WTI NEAR $92
Brent dropped $1.24 or 1.26% to trade at $97.33 a barrel, WTI was at $91.17 a barrel, down $1.44.
2022, November, 7, 12:05:00
OPEC MARKET DECISIONS
OPEC and non-OPEC allies — generally referred to as OPEC+ — agreed at this week’s meeting in Vienna to reduce production by 2 million BPD from November levels.
2022, November, 7, 12:00:00
OPEC+, U.S. OIL RELATIONS
The US reaction to the Saudi-led decision was swift. President Joe Biden has warned of "consequences," and the country has announced more releases of crude from its strategic reserves.
2022, November, 7, 11:30:00
WORLDWIDE RIG COUNT UP 40 TO 1,893
The Worldwide Rig Count for October was 1,893, up 40 from the 1,853 counted in September 2022,and up 389 from the 1,504 counted in October 2021.
2022, November, 7, 11:25:00
U.S. RIGS UP 2 TO 770
U.S. Rig Count is up 2 from last week to 770, Canada Rig Count is down 3 from last week to 209.
2022, November, 3, 12:25:00
OIL PRICE: BRENT NEAR $95, WTI NEAR $89 YET
Brent dropped 85 cents, or 0.9%, to $95.30 a barrel, WTI fell $1.01, or 1.1%, to $88.99.
2022, November, 3, 12:15:00
TURKISH BLACK SEA GAS
Additional domestic gas production from a bigger reserve base in the Black Sea may allow Turkey to reverse some of the recent electricity and gas price hikes.
2022, November, 3, 12:10:00
GAZPROM PRODUCTION DOWN BY 18.6%
According to preliminary data, Gazprom produced 344 billion cubic meters of gas from January through October 2022. This is a decrease of 18.6 per cent (or 78.8 billion cubic meters) versus the same period of last year.
2022, November, 3, 11:50:00
U.S. OIL INVENTORIES DOWN BY 3.1 MB TO 436.8 MB
U.S. commercial crude oil inventories decreased by 3.1 million barrels to 436.8 million barrels.
2022, November, 2, 11:50:00
OIL PRICE: BRENT NEAR $95, WTI NEAR $89 ANEW
Brent rose 54 cents, or 0.6%, to $95.19 a barrel, WTI rose 72 cents, or 0.8%, to $89.09 a barrel.
2022, November, 1, 17:15:00
OIL PRICE: BRENT NEAR $95, WTI NEAR $89
Brent rose $1.95, or 2.1%, to $94.76 per barrel, WTI rose $1.93, or 2.23%, to $88.46 a barrel.
