Oil
![Oil](/cache/05-22/price-0444.732a110d.jpg)
2022, May, 5, 14:55:00
OIL PRICE: BRENT NEAR $111, WTI ABOVE $108
Brent was up 36 cents, or 0.3%, at $110.50 a barrel, WTI rose 4 cents, or less than 0.1%, to $107.85.
![Oil](/cache/05-22/price-0448.966b1c4e.jpg)
2022, May, 5, 14:50:00
OPEC OIL PRICE: $110.83
The price of OPEC basket of thirteen crudes stood at $110.83 a barrel on Wednesday,
![Oil](/cache/05-22/price-0314.68726871.jpg)
2022, May, 5, 14:45:00
OPEC+ PRODUCTION +432 TBD
Five OPEC+ delegates said the group was set to agree to increase its June output target by 432,000 barrels per day, in line with its existing plan to unwind output curbs made during the worst of the COVID-19 pandemic in 2020.
![Oil](/cache/05-22/usa-0121.822d3d7b.jpg)
2022, May, 5, 14:20:00
U.S. OIL INVENTORIES UP BY 1.3 MB TO 415.7 MB
U.S. commercial crude oil inventories increased by 1.3 million barrels to 415.7 million barrels.
![Oil](/cache/05-22/price-0048.256363bf.jpg)
2022, May, 4, 12:30:00
OIL PRICE: BRENT NEAR $108, WTI NEAR $106
Brent rose $2.94, or 2.8%, to $107.91 a barrel, WTI rose $3.02, or 3%, to $105.43 a barrel.
![Oil](/cache/05-22/price-0035.799e9e1e.jpg)
2022, May, 4, 12:25:00
OPEC OIL PRICE: $109.80
The price of OPEC basket of thirteen crudes stood at $109.80 a barrel on Tuesday
![Oil](/cache/05-22/india-040.57c0c15f.jpg)
2022, May, 4, 12:20:00
RUSSIAN OIL FOR INDIA
Urals has been trading at record-lows in recent weeks, with some deals being done at discount of almost $40/b to the Platts Dated Brent crude oil benchmark.
![Oil](/cache/05-22/usa-0119.f7c2bc5c.jpg)
2022, May, 4, 11:40:00
U.S. RIGS UP 3 TO 698
U.S. Rig Count is up 3 from last week to 698 , Canada Rig Count is down 6 from last week to 95.
![Oil](/cache/04-22/price-0047.5d9526bf.jpg)
2022, April, 29, 12:10:00
OIL PRICE: BRENT ABOVE $108, WTI ABOVE $105
Brent rose 88 cents, or 0.8%, to $108.47 a barrel, WTI gained 55 cents, or 0.5%, to $105.91 a barrel.
![Oil](/cache/04-22/exxon-004.c5c7ec7b.jpg)
2022, April, 29, 12:05:00
EXXON REDUCTION IN RUSSIA
ExxonMobil holds a 30% stake in Sakhalin 1. Other partners include Rosneft with 20%, Japan's Sodeco with 30% and India's ONGC Videsh with 20%.
![Oil](/cache/04-22/usa-0117.f084ebd5.jpg)
2022, April, 29, 11:30:00
U.S. OIL INVENTORIES UP BY 0.7 MB TO 414.4 MB
U.S. commercial crude oil inventories increased by 0.7 million barrels to 414.4 million barrels.
![Oil](/cache/04-22/price-0044.2273d85f.jpg)
2022, April, 28, 14:15:00
OIL PRICE: BRENT ABOVE $105, WTI ABOVE $102 ANEW
Brent were up 17 cents, or 0.2%, at $105.49 a barrel, WTI gained 26 cents, or 0.3%, to $102.28.
![Oil](/cache/04-22/price-0045.4035a57e.jpg)
2022, April, 28, 14:10:00
OPEC OIL PRICE: $105.33
The price of OPEC basket of thirteen crudes stood at $105.33 a barrel on Wednesday,
![Oil](/cache/04-22/russia-0110.dc85b2e5.jpg)
2022, April, 28, 13:50:00
EUROPE WITHOUT RUSSIAN OIL
An oil price cap is one of a number of proposals being discussed as EU ambassadors prepare for talks in coming days about more sanctions on Moscow — the sixth such package since Vladimir Putin ordered the invasion of Ukraine two months ago.
![Oil](/cache/04-22/price-0042.0c4f0c0e.jpg)
2022, April, 27, 11:55:00
OIL PRICE: BRENT ABOVE $105, WTI NEAR $102
Brent rose 67 cents, or 0.6%, to $105.66 a barrel , WTI gained 44 cents, or 0.4%, to $102.14 a barrel.