Oil
![Oil](/cache/04-22/usa-0109.35dea1af.jpg)
2022, April, 11, 13:05:00
U.S. HYDROCARBONS WAR
A viable renewable energy backstop to oil & gas production does not now exist to guarantee Americans cost-effective, reliable, and 24/7 energy availability
![Oil](/cache/04-22/rig-043.35effb36.jpg)
2022, April, 11, 12:50:00
U.S. RIGS UP 16 TO 689
U.S. Rig Count is up 16 from last week to 689, Canada Rig Count is down 13 from last week to 111.
![Oil](/cache/04-22/price-0126.1a9bd53d.jpg)
2022, April, 8, 11:10:00
OIL PRICE: BRENT NEAR $101, WTI ABOVE $96
Brent advanced by 16 cents, or 0.2% to $100.77 a barrel, WTI gained 35 cents, or 4%, to $96.37 a barrel.
![Oil](/cache/04-22/opec-016.c24adca6.jpg)
2022, April, 8, 11:05:00
OPEC+ OIL PRODUCTION DOWN
OPEC's 13 members raised output by 60,000 b/d to 28.73 million b/d, but that was more than offset by a 160,000 b/d decline by the bloc's nine allies, who pumped 13.91 million b/d.
![Oil](/cache/04-22/russia-099.833af301.jpg)
2022, April, 8, 11:00:00
RUSSIA'S OIL PRODUCTION WILL DOWN
Novak is Russia's key negotiator in the OPEC+ group, which has resisted calls from consumers to increase production.
![Oil](/cache/04-22/britain-016.90020dcb.jpg)
2022, April, 8, 10:50:00
BRITAIN'S NUCLEAR EXPANSION
Nuclear's share of energy in the UK is currently about 16%, however almost half of the country's current capacity is due to be retired by 2025 and all but one of its reactors will retire by 2030.
![Oil](/cache/04-22/usa-0100.86b19eed.jpg)
2022, April, 8, 10:30:00
U.S. OIL INVENTORIES UP BY 2.4 MB TO 412.4 MB
U.S. commercial crude oil inventories increased by 2.4 million barrels to 412.4 million barrels.
![Oil](/cache/04-22/price-033.c37f795a.jpg)
2022, April, 7, 14:30:00
OIL PRICE: BRENT ABOVE $102, WTI ABOVE $97
Brent climbed $1.05 or 1.%, to $102.12 a barrel, WTI rose 86 cents, or 0.9%, to $97.09 a barrel.
![Oil](/cache/04-22/price-031.e5c5708f.jpg)
2022, April, 7, 14:25:00
OPEC OIL PRICE: $106.13
The price of OPEC basket of thirteen crudes stood at $106.13 a barrel
![Oil](/cache/04-22/russia-098.74a535c1.jpg)
2022, April, 7, 14:20:00
RUSSIAN OIL PRODUCTS FOR CHINA, KAZAKHSTAN
Fuel oil represented the bulk of the exports to China, with 394,200 mt exported, 43.6% higher on the month. Diesel exports recorded similar growth of 39.5% to 343,100 mt. Bitumen and residue amounted to 18,700 mt, marking a 34.9% increase on February. Overall, 756,900 mt of oil products headed to China last month.
![Oil](/cache/04-22/guyana-002.1844299d.jpg)
2022, April, 7, 13:55:00
EXXON INVESTS IN GUYANA $10 BLN
ExxonMobil plans to produce around 250,000 mb/d of oil starting in 2025.
![Oil](/cache/04-22/price-032.4327b787.jpg)
2022, April, 6, 12:00:00
OIL PRICE: BRENT ABOVE $107, WTI ABOVE $103
Brent were up 49 cents, or 0.5%, at $107.13 a barrel , WTI climbed 21 cents, or 0.2%, to $102.17 a barrel.
![Oil](/cache/04-22/price-005.adca4ee6.jpg)
2022, April, 6, 11:55:00
OPEC OIL PRICE: $106.23
The price of OPEC basket of thirteen crudes stood at $106.23 a barrel
![Oil](/cache/04-22/price-019.cc9c1642.jpg)
2022, April, 6, 11:45:00
RUSSIAN GAS TO EUROPE
Gazprom said the request for gas exports to Europe through Ukraine had been set at 108.3 million cubic metres for April 6, similar to the request for April 5.
![Oil](/cache/04-22/iran-013.a39b9faf.jpg)
2022, April, 6, 11:35:00
IRAN'S OIL PRODUCTION 3.8 MBD
Iranian Minister of Petroleum Javad Owji said the current capacity of oil production in Iran has exceeded 3.8 million barrels per day, reaching the pre-sanctions levels.