Oil
![Oil](/cache/05-22/price-0497.334db778.jpg)
2022, May, 18, 12:10:00
OPEC OIL PRICE: $117.20
The price of OPEC basket of thirteen crudes stood at $117.20 a barrel on Tuesday
![Oil](/cache/05-22/india-043.c4a74a3f.jpg)
2022, May, 18, 12:05:00
INDIA'S OIL DEMAND UPDOWN
India's oil demand is expected to grow by 245,000 b/d year on year in 2022, revised up by about 20,000 b/d from an earlier outlook, due to better-than-expected demand trends.
![Oil](/cache/05-22/price-0492.9e4152a9.jpg)
2022, May, 17, 13:55:00
OIL PRICE: BRENT ABOVE $115, WTI ABOVE $114
Brent rose as high as $115.14, WTI slid 26 cents, or 0.2%, to $113.94.
![Oil](/cache/05-22/price-0493.571ecf40.jpg)
2022, May, 17, 13:50:00
OPEC OIL PRICE: $113.07
The price of OPEC basket of thirteen crudes stood at $113.07 a barrel on Monday
![Oil](/cache/05-22/price-0483.3cb7380c.jpg)
2022, May, 17, 13:35:00
ЦЕНА URALS: $73,24
Средняя цена на нефть Urals за период мониторинга с 15 апреля 2022 года по 14 мая 2022 года составила $73,24 за баррель, или $534,6 за тонну.
![Oil](/cache/05-22/price-0471.154b3555.jpg)
2022, May, 17, 13:25:00
ENERGY MARKET REVIEW APRIL 2022
Due to the ongoing geopolitical crisis, the EU member states have set up a purchasing platform for gas, LNG and hydrogen. In this way, one wants to become more independent of Russian energy imports and react against the strong price fluctuations of natural gas.
![Oil](/cache/05-22/price-0479.06e67292.jpg)
2022, May, 16, 12:20:00
OIL PRICE: BRENT NEAR $110, WTI NEAR $109
Brent were down $1.42, or 1.3%, at $110.13 a barrel, WTI were $1.10, or 1.0%, lower at $109.39 a barrel.
![Oil](/cache/05-22/price-0481.63018c14.jpg)
2022, May, 16, 12:15:00
OPEC OIL PRICE: $112.37
The price of OPEC basket of thirteen crudes stood at $112.37 a barrel on Friday
![Oil](/cache/05-22/europe-018.0a8b29b0.jpg)
2022, May, 16, 12:10:00
EUROPEAN ENERGY STORM
The energy package due this week may include measures to address the increasing household costs and energy poverty.
![Oil](/cache/05-22/europe-020.3787726d.jpg)
2022, May, 16, 12:05:00
GERMANY AGAINST RUSSIAN OIL
Russia’s share of German crude consumption has already declined to 12% from about 35% before the war in Ukraine, according to the Economy Ministry in Berlin.
![Oil](/cache/05-22/china-084.e6a2db7f.jpg)
2022, May, 16, 12:00:00
CHINA'S OIL DOWN TO 12.7 MBD
The crude throughput was the lowest since March 2020 when it was at 11.81 million b/d, following lockdowns after the initial COVID-19 wave.
![Oil](/cache/05-22/rig-048.1b9e4809.jpg)
2022, May, 16, 11:30:00
U.S. RIGS UP 9 TO 714
U.S. Rig Count is up 9 from last week to 714, Canada Rig Count is down 3 from last week to 88.
![Oil](/cache/05-22/price-0475.5ee890b7.jpg)
2022, May, 13, 11:50:00
OIL PRICE: BRENT ABOVE $108, WTI ABOVE $106
Brent were up $1.68, or 1.6%, at $109.13 a barrel, WTI climbed $1.40, or 1.3%, to $107.53 a barrel.
![Oil](/cache/05-22/price-0476.1ca07dc6.jpg)
2022, May, 13, 11:45:00
OPEC OIL PRICE: $109.02
The price of OPEC basket of thirteen crudes stood at $109.02 a barrel on Wednesday
![Oil](/cache/05-22/oil-021.fed94018.jpg)
2022, May, 13, 11:40:00
GLOBAL OIL DEMAND 2022: +3.4 MBD
World oil demand growth in 2022 is expected to increase by 3.4 mb/d y-o-y, representing a downward revision of 0.3 mb/d from last month’s report, with 1.8 mb/d in the OECD and 1.6 mb/d in the non-OECD.