Oil
2024, July, 10, 07:00:00
OIL PRICE: BRENT NEAR $85, WTI ABOVE $81
Brent rose 21 cents to $84.87 a barrel, WTI ose 26 cents to $81.67 a barrel.
2024, July, 10, 06:30:00
OIL: CAVEAT EMPTOR
It should be noted that the high flying bulls on the Oil Market may be sublime in the long-run perspective of things as demand is drawing down inventories globally and refinery margins have come off.
2024, July, 10, 06:25:00
WORLDWIDE RIG COUNT UP 32 TO 1,707
The Worldwide Rig Count for June was 1,707, up 32 from the 1,675 counted in May 2024, and down 93, from the 1,799 counted in June 2023.
2024, July, 3, 07:00:00
OIL PRICE: BRENT NEAR $87, WTI ABOVE $83
Brent edged up 47 cents or 0.5% to $86.71 per barrel, WTI climbed 43 cents or 0.5% to $83.24 per barrel.
2024, July, 3, 06:55:00
INDIA, RUSSIA COOPERATION
The agenda includes a logistics supply agreement to bolster cooperation between the two militaries, restarting discussions on the joint development of a fifth generation fighter aircraft, and collaboration on nuclear power, the people said.
2024, June, 26, 07:00:00
OIL PRICE: BRENT ABOVE $85, WTI ABOVE $81
Brent rose 40 cents, or 0.5%, to $85.41 a barrel, WTI gained 43 cents, or 0.5%, to $81.26 per barrel.
2024, June, 26, 06:55:00
RUSSIAN OIL GAS REVENUES +50%
Russia was able to divert oil exports away from Europe to India and China, securing the much-needed financial flows for its budget, which is in deficit as Moscow spends heavily on defence and security.
2024, June, 26, 06:50:00
RUSSIAN OIL FOR INDIA UP
That boosted Russia's share in the world's third largest importer and consumer to nearly 41% last month, the data showed.
2024, June, 24, 07:00:00
OIL PRICE: BRENT NEAR $85, WTI ABOVE $80
Brent slid 40 cents, or 0.5%, to $84.84 a barrel, WTI were at $80.34 a barrel, down 39 cents, or 0.5%.
2024, June, 24, 06:30:00
PHILIPPINES GREEN ENERGY
Changes including allowing full foreign ownership of renewable energy projects have already helped secure a pipeline of 99 gigawatts of wind and solar developments.
2024, June, 19, 07:00:00
OIL PRICE: BRENT ABOVE $85, WTI ABOVE $81
Brent rose 2 cents to $85.35 a barrel, WTI was down 6 cents to $81.51 per barrel.
2024, June, 19, 06:25:00
WORLDWIDE RIG COUNT DOWN 51 TO 1,675
The Worldwide Rig Count for May was 1,675, down 51 from the 1,726 counted in April 2024, and down 107,from the 1,782 counted in May 2023.
2024, June, 13, 07:00:00
OIL PRICE: BRENT ABOVE $82, WTI ABOVE $78
Brent lost 14 cents, or 0.17%, to $82.46 a barrel, WTI fell 16 cents, or 0.2%, to hit $78.34.
2024, June, 13, 06:40:00
INDIA NEED OIL
India, the world's third biggest oil importer and consumer, emerged as the biggest buyer of Russian sea-borne oil, snapping up barrels sold at a discount as Western companies halted purchases after Moscow's invasion of Ukraine in 2022.
2024, June, 13, 06:15:00
GLOBAL WAR ON ATROPHY
In the conclusion of the St.Petersburg International Economic Forum,it is clear and evident that Russia has its hands firmly on the global economic growth steering wheel.Their calibration on the global compass remains top notch and success is all for the taking.