Upstream
2025, August, 8, 07:00:00
OIL PRICE: BRENT ABOVE $66, WTI NEAR $64
Brent were down three cents to $66.40 a barrel , WTI were down six cents, or 0.1%, to $63.82 a barrel.
2025, August, 7, 07:00:00
OIL PRICE: BRENT NEAR $67, WTI ABOVE $64
Brent fell 75 cents, or 1.1%, to settle at $66.89 a barrel, WTI dropped 81 cents, or 1.2%, to settle at $64.35.
2025, August, 5, 06:50:00
OPEC+: MARKET STABILITY
The eight OPEC+ countries also noted that this measure will provide an opportunity for the participating countries to accelerate their compensation.
2025, July, 30, 07:00:00
OIL PRICE: BRENT NEAR $72, WTI ABOVE $69
Brent rose 8 cents, or 0.12%, to $71.81 a barrel, WTI gained 8 cents, or 0.12%, to $69.29 a barrel.
2025, July, 30, 06:50:00
OPEC+ RUSSIA: OVERALL CONFIRMITY
The Committee reiterated the critical importance of achieving full conformity and compensation, and requested countries that did not achieve full conformity to submit updated compensation plans to the OPEC Secretariat by 18 August 2025.
2025, June, 24, 07:00:00
OIL PRICE: BRENT ABOVE $69, WTI BELOW $67
Brent were down $2.08, or 2.9%, at $69.40 a barrel, WTI declined $2.03, or 3.0%, to $66.48 per barrel.
2025, June, 3, 06:55:00
OPEC+ RUSSIA OIL PRODUCTION: +411 TBD
In view of a steady global economic outlook and current healthy market fundamentals, as reflected in the low oil inventories, and in accordance with the decision agreed upon on 5 December 2024 to start a gradual and flexible return of the 2.2 million barrels per day voluntary adjustments starting from 1 April 2025, the eight participating countries will implement a production adjustment of 411 thousand barrels per day in July 2025 from June 2025 required production level.
2025, June, 3, 06:25:00
U.S. OIL PRODUCTION 13.16 MBD
U.S. crude oil output rose to 13.49 million barrels per day in March, up from 13.16 million bpd in February and the prior all-time high of 13.45 million bpd in October 2024.
2025, May, 28, 07:00:00
OIL PRICE: BRENT ABOVE $64, WTI BELOW $62 ANEW
Brent rose 25 cents, or 0.4%, to $64.34 a barrel, WTI gained 24 cents, or 0.4%, at $61.13 a barrel.
2025, May, 22, 07:00:00
OIL PRICE: BRENT ABOVE $64, WTI BELOW $62
Brent slipped to $64.58 a barrel, WTI dropped 32 cents, or 0.5%, to $61.25.
2025, May, 14, 07:00:00
OIL PRICE: BRENT ABOVE $66, WTI BELOW $64
Brent fell 39 cents, or 0.6%, to $66.24 a barrel, WTI slipped 36 cents, or 0.6%, to $63.31.
2025, May, 13, 07:00:00
OIL PRICE: BRENT NEAR $65, WTI BELOW $62
Brent dropped 22 cents, or 0.3%, to $64.74 per barrel, WTI fell 18 cents, or 0.3%, to $61.77.
2025, May, 13, 06:50:00
OPEC+ RUSSIA: + 411 TBD
In view of the current healthy market fundamentals, as reflected in the low oil inventories, and in accordance with the decision agreed upon on 5 December 2024 to start a gradual and flexible return of the 2.2 million barrels per day voluntary adjustments starting from 1 April 2025, the eight participating countries will implement a production adjustment of 411 thousand barrels per day in June 2025 from May 2025 required production level.
2025, April, 25, 07:00:00
OIL PRICE: BRENT NEAR $67, WTI BELOW $64
Brent gained 43 cents to $66.98 a barrel, WTI rose 42 cents to $63.21 a barrel.
2025, April, 25, 06:50:00
RUSSIAN OIL PRICE 2025: $68
The ministry envisages in its baseline scenario of economic forecasts for 2025 that the average price for Brent will be at $68 per barrel, down from the $81.7 per barrel it assumed in its September forecasts,