Oil
![Oil](/cache/06-22/usa-0137.369cc039.jpg)
2022, June, 16, 12:15:00
U.S. OIL INVENTORIES UP BY 2.0 MB TO 418.7 MB
U.S. commercial crude oil inventories increased by 2.0 million barrels to 418.7 million barrels.
![Oil](/cache/06-22/price-0089.d980c3d3.jpg)
2022, June, 15, 15:05:00
OIL PRICE: BRENT ABOVE $120, WTI ABOVE $118
Brent were down $1.27, or 1%, at $119.90 a barrel, WTI fell $1.44, or 1.2%, to $117.49 a barrel.
![Oil](/cache/06-22/price-0090.cdc5e8af.jpg)
2022, June, 15, 15:00:00
OPEC OIL PRICE: $123.73
The price of OPEC basket of thirteen crudes stood at $123.73 a barrel
![Oil](/cache/06-22/price-0084.8769534a.jpg)
2022, June, 15, 14:55:00
GLOBAL OIL DEMAND 2022: +3.4 MBD ANEW
For 2022, world oil demand growth is broadly unchanged to stand at 3.4 mb/d.
![Oil](/cache/06-22/russia-0135.653faa1f.jpg)
2022, June, 15, 14:50:00
RUSSIA'S OIL REVENUE UP BY $20 BLN
The decline in overall export volumes is mainly due to lower oil-product flows, while Russian crude shipped in May grew nearly by 500,000 barrels a day compared to the start of the year, mainly thanks to higher deliveries to Asia.
![Oil](/cache/06-22/price-0085.5ce81225.jpg)
2022, June, 14, 11:50:00
OIL PRICE: BRENT NEAR $123, WTI ABOVE $121
Brent rose $1.05, or 0.9%, to $123.32 a barrel, WTI rose 96 cents, or 0.8% to $121.89 a barrel.
![Oil](/cache/06-22/price-0082.94f6eccb.jpg)
2022, June, 14, 11:45:00
OPEC OIL PRICE: $120.66
The price of OPEC basket of thirteen crudes stood at $120.66 a barrel
![Oil](/cache/06-22/price-0081.2f7459a5.jpg)
2022, June, 14, 11:30:00
U.S. ENERGY PRICES GO HIGHER
The Administration has actually recommended that people buy EVs to avoid increasing gasoline prices. The recent ban on imports of Russian oil will likely further increase gasoline prices, which have already doubled under the Administration.
![Oil](/cache/06-22/europe-024.41be7b7b.jpg)
2022, June, 14, 11:25:00
EUROPEAN ENERGY AID €8.4 BLN
In May 2022, Spain and Portugal created an extraordinary and temporary mechanism in Spain and Portugal to protect consumers from the rise in electricity prices,
![Oil](/cache/06-22/price-0078.b7f1466b.jpg)
2022, June, 13, 15:00:00
OIL PRICE: BRENT NEAR $120, WTI ABOVE $118
Brent was down $1.86, or 1.5%, to $120.15 a barrel, WTI was down $2.15, or 1.8%, at $118.52.
![Oil](/cache/06-22/price-0079.78c71f29.jpg)
2022, June, 13, 14:55:00
OPEC OIL PRICE: $123.19
The price of OPEC basket of thirteen crudes stood at $123.19 a barrel
![Oil](/cache/06-22/libya-004.8b377679.jpg)
2022, June, 13, 14:35:00
LIBYA'S OIL PRODUCTION STOPPED
Libya is pumping only about 100,000 barrels a day.
![Oil](/cache/06-22/rig-053.2258c33f.jpg)
2022, June, 13, 14:15:00
U.S. RIGS UP 6 TO 733
U.S. Rig Count is up 6 from last week to 733, Canada Rig Count is up 24 from last week to 141.
![Oil](/cache/06-22/price-0074.bd53fc29.jpg)
2022, June, 10, 14:50:00
OIL PRICE: BRENT ABOVE $123, WTI ABOVE $121
Brent was up 40 cents, or 0.3%, at $123.47 a barrel, WTI rose 30 cents, or 0.3%, to $121.81 a barrel.
![Oil](/cache/06-22/price-0075.ac0ccb63.jpg)
2022, June, 10, 14:45:00
OPEC OIL PRICE: $123.21
The price of OPEC basket of thirteen crudes stood at $123.21 a barrel on Thursday,