Oil
2022, March, 31, 14:05:00
OPEC OIL PRICE: $110.05
the price of OPEC basket of thirteen crudes stood at $110.46 a barrel
2022, March, 31, 13:35:00
U.S. OIL INVENTORIES DOWN BY 3.4 MB TO 409.9 MB
U.S. commercial crude oil inventories decreased by 3.4 million barrels from the previous week to 409.9 million barrels.
2022, March, 31, 13:30:00
ACCELERATION OF THE ENERGY TRANSITION $5.7 TLN
Acceleration of the energy transition is essential for long-term energy security, price stability and national resilience.
2022, March, 30, 11:00:00
OIL PRICE: BRENT BELOW $113, WTI BELOW $107
Brent were up $2.6, or 2.4% at $112.81, WTI rose $2.7, or 2.5%, to $106.84 a barrel.
2022, March, 30, 10:55:00
OPEC+ WITHOUT POLICIES
Commenting on the Russia-Ukraine conflict, Saudi Arabia’s Prince Abdulaziz bin Salman said that OPEC puts political differences aside when its ministers meet and OPEC+ is doing the same.
2022, March, 30, 10:50:00
OPEC+ RUSSIA SUPPLY THE MARKET
Russian deputy prime minister Alexander Novak said March 23 that it was too early to talk about an adjustment to Russia's quota under the agreement, as Russia continues to supply the market.
2022, March, 30, 10:30:00
NON-RUSSIAN OIL FOR U.S.
Crude oil exported from countries including Kazakhstan, Azerbaijan, and Turkmenistan moves through Russia’s energy export infrastructure.
2022, March, 30, 10:20:00
CHINA'S ENERGY GROWTH 2022
China will pursue its strategy to reduce the share of coal in its energy consumption, aiming to reach 17.3% of non-fossil energies in its total energy consumption in 2022, up from 16% in 2020.
2022, March, 30, 10:10:00
SINOPEC'S GAS PRODUCTION UP
Sinopec's crude oil production almost reached 280 mbl in 2021 (39 Mt, -0.2% on 2020), including 250 mbl in China (stable) and 30 mbl overseas (-1.8%).
2022, March, 29, 13:45:00
OIL PRICE: BRENT BELOW $114, WTI BELOW $107
Brent rose $1.41, or 1.3%, to $113.89 a barrel, WTI was up 95 cents, or 0.9%, at $106.91.
2022, March, 29, 13:40:00
OPEC OIL PRICE: $113.39
The price of OPEC basket of thirteen crudes stood at $113.39 a barrel on Monday
2022, March, 29, 13:30:00
GLOBAL ENERGY, COMMODITY CRISIS
The sanctions against Russia are the hardest we have seen against any country to date and in particular the decision to freeze $600bn of Russian foreign reserves is a first, which will have huge consequences in the long-term.
2022, March, 28, 12:05:00
OIL PRICE: BRENT BELOW $117, WTI BELOW $109
Brent slid as low as $115.32 a barrel, WTI hit a low of $108.28 a barrel.
2022, March, 28, 12:00:00
OPEC OIL PRICE: $118.72
he price of OPEC basket of thirteen crudes stood at $118.72 a barrel on Thursday
2022, March, 28, 11:50:00
RUSSIAN ASSETS WITHOUT RISKS
"Currently the company's operations and business in Russia are largely running smooth and there are no signs of asset impairment," Sinopec's President Yu Baocai told investors and reporters during a call following its 2021 earnings release.
