Oil
2022, August, 2, 12:25:00
RUSSIAN OIL EXPORTS UP
The boom in STS activity involving Russian crude came as Moscow's seaborne oil exports defied Western sanctions to hit post-pandemic highs of 4 million b/d in April 2022.
2022, August, 1, 11:15:00
OIL PRICE: BRENT ABOVE $103, WTI ABOVE $97
Brent were down 82 cents, or 0.8%, at $103.15 a barrel, WTI was at $97.44 a barrel, down $1.18, or 1.2%.
2022, August, 1, 11:10:00
OPEC OIL PRICE: $110.84
The price of OPEC basket of thirteen crudes stood at $110.84 a barrel
2022, August, 1, 11:00:00
OIL PRICES CAN RISE
The WTI crude oil appears to have recently bounced off the crucial support zone at about $93.00 per barrel. It has since edged higher to trade at $97.26, indicating progress in the recovery.
2022, August, 1, 10:40:00
U.S. SELLS 20 MB
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) announced an additional Notice of Sale of up to 20 million additional barrels of crude oil from the Strategic Petroleum Reserve (SPR).
2022, August, 1, 10:30:00
10 U.S. SMR FOR POLAND
In June, Last Energy signed an agreement with Polish state-owned energy company Enea SA to cooperate on the deployment of SMRs, potentially in Poland.
2022, August, 1, 10:15:00
U.S. OIL INVENTORIES DOWN BY 4.5 MB TO 422.1 MB
U.S. commercial crude oil inventories decreased by 4.5 million barrels to 422.1 million barrels.
2022, August, 1, 10:10:00
U.S. RIGS UP 9 TO 767
U.S. Rig Count is up 9 from last week to 767, Canada Rig Count is up 9 from last week to 204.
2022, July, 26, 10:55:00
OIL PRICE: BRENT NEAR $107, WTI ABOVE $98
Brent rose $1.66, or 1.6%, to $106.81 a barrel, WTI increased $1.47, or 1.5%, to $98.17 a barrel.
2022, July, 26, 10:50:00
OPEC OIL PRICE: $107.66
The price of OPEC basket of thirteen crudes stood at $107.66 a barrel
2022, July, 26, 10:10:00
U.S. OIL INVENTORIES DOWN BY 0.4 MB TO 426.6 MB
U.S. commercial crude oil inventories decreased by 0.4 million barrels to 426.6 million barrels.
2022, July, 26, 10:05:00
U.S. RIGS UP 2 TO 758
U.S. Rig Count is up 2 from last week to 758, Canada Rig Count is up 4 from last week to 195.
2022, July, 21, 14:10:00
OIL PRICE: BRENT NEAR $102, WTI NEAR $95
Brent lost $5.13, or 4.8%, to $101.79 a barrel, WTI were down $5.05, or 5.06%, at $94.83.
2022, July, 21, 13:50:00
GAZPROM, NIOC COOPERATION
Gazprom and NIOC signed a Memorandum of Understanding for strategic cooperation.
2022, July, 21, 13:40:00
U.S. RIGS UP 4 TO 756
U.S. Rig Count is up 4 from last week to 756, Canada Rig Count is up 16 from last week to 191.