Oil
![Oil](/cache/04-22/price-021.e1dd1984.jpg)
2022, April, 5, 13:50:00
OIL PRICE: BRENT ABOVE $108, WTI ABOVE $104
Brent was up $1.17, or 1.1%, to $108.70 a barrel, WTI was up $1.15, or 1.1%, at $104.43.
![Oil](/cache/04-22/price-018.0fb72ee9.jpg)
2022, April, 5, 13:45:00
THE NEW RUSSIA ENERGY SANCTIONS
While the US has already banned imports of Russian oil, gas and coal, it could escalate energy pressure through secondary sanctions on other countries that continue to import the supplies.
![Oil](/cache/04-22/price-0013.7601424a.jpg)
2022, April, 4, 12:35:00
OIL PRICE: BRENT ABOVE $104, WTI ABOVE $99
Brent was up 63 cents, or 0.6%, to $105.02 a barrel , WTI gained $1.08, or 1.1%, to $100.35.
![Oil](/cache/04-22/russia-india-flag.da16087a.jpg)
2022, April, 4, 12:30:00
STRATEGIC PARTNERSHIP OF RUSSIA, INDIA
Our relations are a strategic partnership, even a specially privileged strategic partnership, as our Indian friends called it some time ago.
![Oil](/cache/04-22/price-005.adca4ee6.jpg)
2022, April, 4, 12:25:00
OPEC OIL PRICE: $107.74
The price of OPEC basket of thirteen crudes stood at $107.74 a barrel
![Oil](/cache/04-22/europe-012.8d0ed455.jpg)
2022, April, 4, 12:15:00
GERMANY REQUESTS A RECESSION
Europe's largest economy is heavily dependent upon Russia for energy, and nations banks echoed concerns over possible energy disruption expressed by big names in industry in recent days.
![Oil](/cache/04-22/usa-097.9dcf2a03.jpg)
2022, April, 4, 12:05:00
US SELLS OIL 90 MB
The first 90 million barrels will be released between May and July, through two notices of sale totaling 70 million barrels, and 20 million barrels already scheduled to be released in May 2022.
![Oil](/cache/04-22/rig-042.23ba909d.jpg)
2022, April, 4, 11:50:00
WORLDWIDE RIG COUNT DOWN 8 TO 1,661
The Worldwide Rig Count for March was 1,661, down 8 from the 1,669 counted in February 2022,and up 430 from the 1,231 counted in March 2021.
![Oil](/cache/04-22/rig-041.9cca4e1d.jpg)
2022, April, 4, 11:45:00
U.S. RIGS UP 3 TO 673
U.S. Rig Count is up 3 from last week to 673, Canada Rig Count is down 16 from last week to 124.
![Oil](/cache/04-22/price-0219.ab33b4be.jpg)
2022, April, 1, 11:50:00
OIL PRICE: BRENT BELOW $104, WTI BELOW $100
Brent slid by 79 cents to $103.92 a barrel, WTI were down $1.02 at $99.26 a barrel.
![Oil](/cache/04-22/price-0224.172cafe9.jpg)
2022, April, 1, 11:40:00
OPEC+ 432 TBD
Reconfirm the baseline adjustment, the production adjustment plan and the monthly production adjustment mechanism approved at the 19th OPEC and non-OPEC Ministerial Meeting and the decision to adjust upward the monthly overall production by 0.432 mb/d for the month of May 2022, as per the attached schedule.
![Oil](/cache/04-22/price-0227.e2971e05.jpg)
2022, April, 1, 11:35:00
OPEC OIL PRICE: $110.46
The price of OPEC basket of thirteen crudes stood at $110.46 a barrel on Wednesday,
![Oil](/cache/04-22/russia-094.0941a1b3.jpg)
2022, April, 1, 11:30:00
RUSSIAN GAS FOR EUROPE IS STABLE
But there was no sign on Friday of an immediate interruption. Flows remained steady through two of the three main pipelines bringing Russian gas into Europe - Nord Stream 1 across the Baltic Sea, and into Slovakia over Ukraine.
![Oil](/cache/04-22/india-036.60db9326.jpg)
2022, April, 1, 11:20:00
INDIA NEED MORE OIL
We imported from Russia just 0.419 million mt in the April-December period of the current fiscal year 2021-22 (April-March). That is just 0.2% of the total requirement.
![Oil](/cache/03-22/price-0179.583d6c8f.jpg)
2022, March, 31, 14:10:00
OIL PRICE: BRENT BELOW $107, WTI BELOW $102
Brent fell $4.87, or 4.3%, to $108.58 a barrel, WTI fell $5.90, or 5.5%, to $101.92 a barrel .