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Upstream

Upstream
2021, February, 24, 10:50:00
GLOBAL OIL DEMAND WILL UP TO 100 MBD
Oil demand to reach 102.6 million b/d by the fourth quarter of this year, the highest since Q4 2019 when it averaged 103.9 million b/d.
Upstream
2021, February, 24, 10:20:00
U.S. RIGS UNCHANGED
U.S. Rig Count is unchanged from last week at 397, Canada Rig Count is down 4 from last week to 172
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2021, February, 19, 13:25:00
OIL PRICE: NEAR $63
Brent dropped 87 cents, or 1.4%, to $63.06 a barrel. WTI fell 82 cents, or 1.4%, to $59.70 a barrel.
Upstream
2021, February, 19, 13:00:00
OPEC+ OIL WILL UP
Global liquids supplies are expected to climb by 3.2 million b/d on average in 2021,
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2021, February, 19, 12:45:00
U.S. OIL INVENTORIES DOWN 7.3 MB TO 461.8 MB
U.S. commercial crude oil inventories decreased by 7.3 million barrels to 461.8 million barrels.
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2021, February, 18, 12:55:00
OIL PRICE: NEAR $65
Brent was up 56 cents, or 0.9%, at $64.90 a barrel. WTI gained 46 cents, or 0.8%, to $61.60 a barrel.
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2021, February, 18, 12:50:00
RUSSIA'S OIL PRODUCTION 9.1 MBD
Moscow-based analysts welcomed the latest OPEC+ decision, which allowed Russia to increase output by 65,000 b/d in February, and a further 65,000 b/d in March. Russia's crude output was 9.10 million b/d in December.
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2021, February, 17, 16:05:00
OIL PRICE: ABOVE $63 YET
Brent gained 38 cents, or 0.6%, to $63.73 a barrel. WTI rose 21 cents, or 0.4%, to $60.26 a barrel.
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2021, February, 17, 15:40:00
NORWAY'S OIL, GAS PRODUCTION 2.137 MBD
Preliminary production figures for January 2021 show an average daily production of 2 137 000 barrels of oil, NGL and condensate.
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2021, February, 16, 12:20:24
OIL PRICE: ABOVE $63 AGAIN
Brent was up 35 cents, or 0.6%, at $63.65 a barrel. WTI was up 35 cents, or 0.6%, at $63.65 a barrel.
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2021, February, 16, 12:00:00
IRAN'S OIL & SANCTIONS
Iran, which sits on the world’s fourth-largest oil reserves, relies heavily on oil revenue, but sanctions have prevented it from pumping at anywhere near capacity since 2018.
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2021, February, 16, 11:40:00
ROSNEFT NET INCOME RUB 147 BLN
Net income in 4Q 2020 reached a record of RUB 324 bln and amounted to RUB 147 bln in 2020.
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2021, February, 16, 11:35:00
ROSNEFT PRODUCTION 4 MBD
Brent was up $1.02, or 1.6%, at $63.45 a barrel . WTI gained $1.28, or 2.2%, to $60.75 a barrel.
Upstream
2021, February, 15, 14:00:00
OIL PRICE: ABOVE $63
Brent was up $1.02, or 1.6%, at $63.45 a barrel . WTI gained $1.28, or 2.2%, to $60.75 a barrel.
Upstream
2021, February, 15, 13:55:00
GLOBAL INDEXES UP YET
Japan’s Nikkei led the way, climbing 1.9% to reclaim the 30,000-point level for the first time in more than three decades.