Oil
2022, September, 14, 12:40:00
U.S. RIGS DOWN 1 TO 759
U.S. Rig Count is down 1 from last week to 759, Canada Rig Count is down 3 from last week to 205.
2022, September, 9, 14:30:00
OIL PRICE: BRENT ABOVE $90, WTI ABOVE $84
Brent rose $1.24, or 1.4%, to $90.39 a barrel, WTI climbed $1.05, or 1.3%, to $84.59.
2022, September, 9, 14:15:00
OIL PRICES 2022-23: $98 - $97
The Brent crude oil spot price averages $98 per barrel (b) in the fourth quarter of 2022 (4Q22) and $97/b in 2023.
2022, September, 9, 14:05:00
U.S. OIL INVENTORIES UP BY 8.8 MB TO 427.2 MB
U.S. commercial crude oil inventories increased by 8.8 million barrels to 427.2 million barrels.
2022, September, 6, 14:15:00
OIL PRICE: BRENT NEAR $93, WTI NEAR $87
Brent was down $2.33, or 2.4%, to $93.41, WTI trading to $87.02, up 15 cents from Friday's close.
2022, September, 6, 14:10:00
OPEC+ PRODUCTION DOWN 0.1 MBD
Revert to the production level of August 2022 for OPEC and non-OPEC Participating Countries for the month of October 2022 as per the attached table, noting that the upward adjustment of 0.1 mb/d to the production level was only intended for the month of September 2022.
2022, September, 6, 13:50:00
EUROPEAN ENERGY INFLATION
Benchmark energy futures fell after jumping on Monday, with Dutch front-month gas losing as much as 13% and German year-ahead power falling 11%.
2022, September, 5, 14:45:00
OIL PRICE: BRENT ABOVE $95, WTI ABOVE $87
Brent advanced by $2.45, or 2.6%, to $95.47 a barrel, WTI was up $2.13, or 2.5%, at $89.
2022, September, 5, 14:25:00
EUROPEAN COLD WINTER
That should help to make future decision making easier. But it is not going to help keep us warm this winter or indeed even in winter 2024.
2022, September, 5, 13:55:00
ESG & ENERGY INVESTMENT
The growing emphasis on ESG is a key component in the upstream oil and gas industry.
2022, September, 5, 13:40:00
WORLDWIDE RIG COUNT UP 50 TO 1,825
The Worldwide Rig Count for August was 1,825, up 50 from the 1,775 counted in July 2022,and up 391 from the 1,434 counted in August 2021.
2022, September, 5, 13:35:00
U.S. RIGS DOWN 5 TO 760
U.S. Rig Count is down 5 from last week to 760, Canada Rig Count is up 7 from last week to 208.
2022, September, 2, 13:00:00
OIL PRICE: BRENT NEAR $95, WTI NEAR 89
Brent settled down $3.28 at $92.36 a barrel, WTI fell $2.94, or 3.3%, to $86.61 per barrel.
2022, September, 1, 14:35:00
OIL PRICE: BRENT ABOVE $93, WTI ABOVE 87
Brent fell $2.10, or 2.2%, to $93.54 a barrel, WTI slid $1.86, or 2.1%, to $87.69 a barrel.
2022, September, 1, 14:25:00
RUSSIAN OIL FOR INDIA UP
India has emerged as a key buyer of Russian energy in the wake of the invasion, scooping up millions of barrels of discounted crude shunned by Europe and the US.