Oil
![Oil](/cache/01-21/usa-1.f09b6f80.jpg)
2021, January, 14, 13:55:00
U.S. SHALE ACQUISITION $4.5 BLN
Pioneer Natural Resources has completed the acquisition of Parsley Energy following stockholder approvals.
![Oil](/cache/01-21/price-993.c4f2b9b9.jpg)
2021, January, 13, 13:55:00
OIL PRICE: ABOVE $56
Brent was up 36 cents, or 0.6%, at $56.94 a barrel. WTI was up 34 cents, or 0.6%, at $53.55 a barrel.
![Oil](/cache/01-21/price-991.9bcf070b.jpg)
2021, January, 13, 13:50:00
OIL PRICES 2021-22: $53
Brent crude oil spot prices to average $53 per barrel (b) in both 2021 and 2022 compared with an average of $42/b in 2020.
![Oil](/cache/01-21/sanctions-81.bd227db2.jpg)
2021, January, 13, 13:45:00
NORD STREAM 2: THE NEW SANCTIONS
The companies could be at risk of U.S. sanctions under existing law if they do not stop work.
![Oil](/cache/01-21/iran-228.ccde12fb.jpg)
2021, January, 13, 13:35:00
IRAN OIL CONTRACTS $1.2 BLN
The contracts, worth a total of $1.2 billion, were signed on Monday in the presence of Iranian Minister of Petroleum Bijan Zangeneh,
![Oil](/cache/01-21/price-990.4695dcef.jpg)
2021, January, 12, 11:40:00
OIL PRICE: NEAR $56
Brent climbed 22 cents, or 0.4%, to $55.88 a barrel. WTI gained 25 cents, or 0.5%, to $52.50 a barrel.
![Oil](/cache/01-21/price-988.e2335769.jpg)
2021, January, 12, 11:35:00
ABU DHABI OIL PRICE UP
Government-owned Abu Dhabi National Oil Co. set Murban crude at a premium of 75 cents a barrel to the regional benchmark,
![Oil](/cache/01-21/price-986.301eee34.jpg)
2021, January, 11, 13:05:00
OIL PRICE: NEAR $55 ANEW
Brent were down 78 cents, or 1.4%, at $55.21 a barrel. WTI slipped 52 cents, or 1%, to $51.72 a barrel.
![Oil](/cache/01-21/brazil-35.7a118298.jpg)
2021, January, 11, 12:40:00
BRAZIL'S OIL GAS RECORD
Petrobras pumped an average of 2.28 million b/d in 2020, beating the previous record of 2.23 million b/d set in 2015, the company said.
![Oil](/cache/01-21/rig-208.7c442d3b.jpg)
2021, January, 11, 12:15:00
U.S. RIGS UP 9 TO 360
U.S. Rig Count is up 9 from last week to 360, Canada Rig Count is up 58 from last week to 117.
![Oil](/cache/01-21/price-980.ec2dcaaf.jpg)
2021, January, 8, 15:50:00
OIL PRICE: NEAR $55
Brent climbed 83 cents, or 1.5%, to $55.21 a barrel. WTI gained 66 cents, or 1.3%, to $51.49.
![Oil](/cache/01-21/usa-363.96be89c8.jpg)
2021, January, 8, 15:30:00
U.S. OIL INVENTORIES DOWN 8.0 MB TO 485.5 MB
U.S. commercial crude oil inventories decreased by 8.0 million barrels to 485.5 million barrels.
![Oil](/cache/01-21/iraq-91.3705ee1d.jpg)
2021, January, 8, 15:25:00
IRAQ OIL PRODUCTION UP 4.7%
Iraq had a 3.804 million b/d quota for December under the OPEC+ deal.
![Oil](/cache/01-21/rig-207.f4a6b64e.jpg)
2021, January, 8, 15:00:00
WORLDWIDE RIG COUNT UP 30 TO 1,104
The Worldwide Rig Count for November was 1,074, up 58 from the 1,016 counted in October 2020
![Oil](/cache/01-21/price-975.98131eb8.jpg)
2021, January, 6, 14:10:00
OIL PRICE: NEAR $54
Brent rose as much as 0.9% to $54.09 a barrel. WTI climbed as much as 0.6% to $50.24 a barrel.