Oil
![Oil](/cache/03-23/price-114.f810f7a9.jpg)
2023, March, 10, 17:05:00
OIL PRICE: BRENT NEAR $81, WTI NEAR $75
Brent dipped 63 cents, or 0.8%, to $80.96 a barrel, WTI was down 69 cents, or 0.9%, at $75.03.
![Oil](/cache/03-23/oil-6.4d66ce9f.jpg)
2023, March, 10, 16:55:00
RUSSIAN DIESEL FOR EUROPE DOWN
Prior to the sanctions, between October 2021 and September 2022, diesel imports from Russia made up 53% of Northwest Europe’s seaborne imports.
![Oil](/cache/03-23/usa-39.e4b124cb.jpg)
2023, March, 10, 16:50:00
OIL PRICES 2023-24: $84 - $78
The Brent crude oil spot price will fall from an average of $84/b in the second quarter of 2023 (2Q23) to $81/b in 4Q23 and then average $78/b in 2024.
![Oil](/cache/03-23/usa-40.de22ef86.jpg)
2023, March, 10, 16:30:00
U.S. OIL INVENTORIES DOWN BY 1.7 MB TO 478.5 MB
U.S. commercial crude oil inventories decreased by 1.7 million barrels to 478.5 million barrels.
![Oil](/cache/03-23/price-112.bab6af13.jpg)
2023, March, 3, 12:25:00
OIL PRICE: BRENT BELOW $85, WTI NEAR $78
Brent dipped 18 cents, or 0.2%, to $84.57 a barrel , WTI were down 16 cents, also 0.2%, at $78.00 a barrel.
![Oil](/cache/03-23/russia-35.17877e09.jpg)
2023, March, 3, 12:00:00
RUSSIAN OIL PRODUCTS EXPORTS DOWN
The EU banned imports of Russian oil products from Feb. 5, two months after imposing restrictions on seaborne crude shipments from the country.
![Oil](/cache/02-23/price-110.d521c319.jpg)
2023, March, 1, 11:40:00
OIL PRICE: BRENT NEAR $84, WTI ABOVE $77 ANEW
Brent rose 45 cents, 0.5%, to $83.90 a barrel, WTI gained 42 cents, or 0.6%, to $77.47 a barrel.
![Oil](/cache/02-23/price-107.184a8070.jpg)
2023, February, 27, 10:10:00
OIL PRICE: BRENT BELOW $83, WTI NEAR $76
Brent were down 30 cents, or 0.36%, at $82.86 a barrel, WTI traded at $76.09 a barrel.
![Oil](/cache/02-23/price-108.49f4ea12.jpg)
2023, February, 22, 11:45:00
OIL PRICE: BRENT ABOVE $82, WTI ABOVE $75
Brent fell 30 cents to $82.75 a barrel, WTI dropped by 38 cents to $75.98 a barrel.
![Oil](/cache/02-23/china-16.ee00bc2c.jpg)
2023, February, 22, 11:40:00
RUSSIAN OIL FOR CHINA RISE
Angola is among the hardest hit at the moment, with daily exports to China falling 27% so far this month compared with whole of February last year.
![Oil](/cache/02-23/norway-12.14db0418.jpg)
2023, February, 22, 11:05:00
NORWAY OIL, GAS PRODUCTION 1.979 MBD
Preliminary production figures for January 2023 show an average daily production of 1 979 000 barrels of oil, NGL and condensate.
![Oil](/cache/02-23/price-106.8eaffc90.jpg)
2023, February, 20, 12:10:00
OIL PRICE: BRENT BELOW $84, WTI ABOVE $76
Brent rose 70 cents, or 0.8%, to $83.70 a barrel, WTI was at $76.89 a barrel.
![Oil](/cache/02-23/india-6.06f23aaf.jpg)
2023, February, 20, 12:05:00
RUSSIAN OIL FOR INDIA UP
Refiners in India, which rarely used to buy Russian oil because of costly logistics, have emerged as Russia's key oil client
![Oil](/cache/02-23/hydro-4.af33d8f5.jpg)
2023, February, 20, 11:50:00
U.S. GREEN HYDROGEN MARKET DEVELOPMENT
Current hydrogen production technologies release significant carbon emissions, and up until now, cost has limited expansion to green hydrogen technologies.
![Oil](/cache/02-23/price-105.3cb31052.jpg)
2023, February, 17, 11:15:00
OIL PRICE: BRENT NEAR $84, WTI ABOVE $77
Brent dropped 96 cents, or 1.13%, to $84.18 per barrel, WTI shed 97 cents, a 1.24% loss, to $77.52.