Oil
![Oil](/cache/03-22/price-0151.e0039a3b.jpg)
2022, March, 22, 12:40:00
RUSSIAN OIL FOR EUROPE
Germany and Hungary are putting the brakes on a potential EU embargo on Russian oil,
![Oil](/cache/03-22/saudi-022.8d1f8ab1.jpg)
2022, March, 22, 12:15:00
SAUDI ARAMCO NET INCOME $110 BLN
The Saudi Arabian Oil Company (“Aramco” or “the Company”) announced its full-year 2021 financial results, reporting that net income more than doubled year-on-year to $110.0 billion. Aramco declared a fourth quarter dividend of $18.8 billion, to be paid in the first quarter of 2022.
![Oil](/cache/03-22/price-0125.357ff2fd.jpg)
2022, March, 21, 12:25:00
OIL PRICE: BRENT ABOVE $111, WTI ABOVE $108
Brent climbed $3.74, or 3.5%, to $111.67 a barrel, WTI rose $3.98, or 3.8%, to $108.68.
![Oil](/cache/03-22/price-0134.586af05e.jpg)
2022, March, 21, 12:20:00
OPEC OIL PRICE: $104.96
The price of OPEC basket of thirteen crudes stood at $104.96 a barrel on Thursday, compared with $104.06 the previous day, according to OPEC Secretariat calculations
![Oil](/cache/03-22/china-054.589497ed.jpg)
2022, March, 21, 12:10:00
RUSSIAN OIL TO CHINA DOWN
Russian inflows to China hit a nine-month low of 1.42 million b/d in February, down 26.1% year on year and more than 25% month on month.
![Oil](/cache/03-22/norway-039.d367d461.jpg)
2022, March, 21, 12:05:00
NORWAY OIL, GAS PRODUCTION 1.98 MBD
Preliminary production figures for February 2022 show an average daily production of 1 980 000 barrels of oil, NGL and condensate.
![Oil](/cache/03-22/rig-039.a588a40b.jpg)
2022, March, 21, 11:45:00
U.S. RIGS UP 0 TO 663
U.S. Rig Count is unchanged from last week at 663, Canada Rig Count is down 30 from last week to 176.
![Oil](/cache/03-22/price-23.66ba16fe.jpg)
2022, March, 18, 11:50:00
OIL PRICE: NEAR $108
Brent rose 82 cents, or 0.8%, to $107.46 a barrel, WTI climbed $1.14, or 1.1%, to $104.12 a barrel.
![Oil](/cache/03-22/india-034.746da953.jpg)
2022, March, 18, 11:30:00
INDIA'S OIL IMPORTS UP
Oil imports by Asia's third-largest economy rose 5% from January and were up 24% from a low base in February 2021, when a refinery at Bathinda in northern India was fully shut for maintenance, data showed.
![Oil](/cache/03-22/korea-38.63a0d13e.jpg)
2022, March, 18, 11:25:00
S.KOREA'S OIL IMPORTS UP
The world's fourth-biggest crude importer received 10.565 million mt, or 77.44 million barrels, of crude oil in February, compared with 74.97 million barrels imported a year earlier, marking a fifth consecutive month of year-on-year increase,
![Oil](/cache/03-22/usa-086.97665a26.jpg)
2022, March, 18, 11:05:00
U.S. OIL INVENTORIES UP BY 4.3 MB TO 415.9 MB
U.S. commercial crude oil inventories increased by 4.3 million barrels from the previous week to 415.9 million barrels.
![Oil](/cache/03-22/price-19.4d84b7e4.jpg)
2022, March, 17, 16:55:00
OIL PRICE: NEAR $105
Brent gained $6.41, or 6.5%, to $104.43 a barrel, WTI was up $5.95, or 6.3%, to $100.99 a barrel.
![Oil](/cache/03-22/price-17.ac3a2a37.jpg)
2022, March, 17, 16:50:00
OIL PRICES: $100 AND HIGHER
The price for WTI, the U.S. benchmark, will average $113/b in March and $112/b for the second quarter of 2022.
![Oil](/cache/03-22/saudi-britain-uae-flag.4ed5a898.jpg)
2022, March, 17, 16:45:00
SAUDI ARABIA, UAE, BRITAIN COOPERATION
Saudi Arabia and the United Kingdom signed a memorandum of understanding to establish a strategic partnership council.
Earlier, Johnson met the Crown Prince of Abu Dhabi, Sheikh Mohamed bin Zayed Al-Nayhan, in Abu Dhabi.
![Oil](/cache/03-22/price-14.ee653234.jpg)
2022, March, 16, 12:25:00
OIL PRICE: NEAR $102
Brent were last up $2.64, or 2.6%, at $102.55 a barrel, WTI rose $1.91, or 2%, to stand at $98.35 a barrel.