Oil
![Oil](/cache/06-22/price-00123.c710ace6.jpg)
2022, June, 27, 11:45:49
OIL PRICE: BRENT NEAR $113, WTI ABOVE $107
Brent edged down 8 cents to $113.04 a barrel , WTI was at $107.38 a barrel, down 24 cents.
![Oil](/cache/06-22/india-058.3f5f943e.jpg)
2022, June, 27, 11:40:00
INDIA NEED MORE OIL
"Today, nobody is bothering who is buying what from where. We are quite happy to source from as far as we can," a leading Indian oil ministry source said.
![Oil](/cache/06-22/rig-055.f390e055.jpg)
2022, June, 27, 11:00:00
U.S. RIGS UP 13 TO 753
U.S. Rig Count is up 13 from last week to 753, Canada Rig Count is down 2 from last week to 154.
![Oil](/cache/06-22/price-00122.3df3d716.jpg)
2022, June, 24, 12:00:00
OIL PRICE: BRENT ABOVE $110, WTI ABOVE $104
Brent fell $1.3, or 1.2%, to $110.40, WTI fell $1.4, or 1.3%, to $104.78 a barrel.
![Oil](/cache/06-22/price-00120.0440c0ee.jpg)
2022, June, 24, 11:55:00
OPEC OIL PRICE: $111.09
The price of OPEC basket of thirteen crudes stood at $111.09 a barrel
![Oil](/cache/06-22/price-00118.cafb24c5.jpg)
2022, June, 24, 11:50:00
OPEC+ OIL PRODUCTION WILL UP
"OPEC+ is not going to change the plans at this month's meeting," an OPEC+ source said. Four other sources made similar remarks.
![Oil](/cache/06-22/finance-003.3759474a.jpg)
2022, June, 24, 11:45:00
PAN-ATLANTIC ENERGY RECESSION
The balance had now “tipped” in favour of an economic contraction next year in the US and Europe. “What used to be a rising risk has now turned into the base case.”
![Oil](/cache/06-22/russia-0144.0fff9166.jpg)
2022, June, 24, 11:30:00
RUSSIAN OIL PROTECTION
Certification by the Indian Register of Shipping (IRClass), one of the world's top classification companies, provides a final link in the paperwork chain - after insurance coverage - needed to keep state-owned Sovcomflot's tanker fleet afloat and delivering Russian crude oil to overseas markets.
![Oil](/cache/06-22/indonesia-009.86f694a6.jpg)
2022, June, 24, 11:00:00
INDONESIAN OIL PRODUCTION UP
The Indonesian state-owned oil and natural gas company Pertamina released its results for 2021, posting a total revenue of US$57.5bn (+39% compared to 2020) and a profit of US$2.2bn
![Oil](/cache/06-22/price-00117.4fce6ca2.jpg)
2022, June, 23, 12:20:45
OIL PRICE: BRENT ABOVE $109, WTI ABOVE $103
Brent fell $1.3, or 1.2%, to $110.40, WTI fell $1.4, or 1.3%, to $104.78 a barrel.
![Oil](/cache/06-22/price-00111.b0b690b8.jpg)
2022, June, 23, 12:15:00
OPEC OIL PRICE: $111.00
The price of OPEC basket of thirteen crudes stood at $111.00 a barrel
![Oil](/cache/06-22/price-00114.d4bd383c.jpg)
2022, June, 22, 10:05:00
OIL PRICE: BRENT NEAR $110, WTI ABOVE $104
Brent dropped $3.87, or 3.4%, to $110.78 a barrel, WTI were off lows but still down $4.04, or 3.7%, to $105.48 a barrel.
![Oil](/cache/06-22/germany-019.467da92b.jpg)
2022, June, 22, 09:50:00
GERMANY NEED COAL
The plan includes increased reliance on coal-fired generation, an auction system to incentivise lower consumption in industry and €15bn in credit lines via the state-owned investment and development bank KfW for the country's gas market operators to fill gas storage facilities faster.
![Oil](/cache/06-22/oil-024.268c5c80.jpg)
2022, June, 22, 09:45:00
OPEC+ ZERO PRODUCTION
The final boost will come in August. By then, OPEC+ will be running out of spare production capacity.
![Oil](/cache/06-22/price-00107.333a5389.jpg)
2022, June, 21, 15:05:19
OIL PRICE: BRENT ABOVE $115, WTI ABOVE $110
Brent rose $1.23, or 1.1%, to $115.36 a barrel, WTI rose $1.57, or 1.4%, to $111.13.