Oil
![Oil](/cache/01-22/price-0317.ed61015c.jpg)
2022, January, 19, 11:00:00
OIL PRICE: NEAR $88
Brent rose 87 cents, or 1%, to $88.38 a barrel, WTI climbed $1.03, or 1.2%, to $86.46 a barrel.
![Oil](/cache/01-22/price-0311.6ff9b715.jpg)
2022, January, 19, 10:50:00
OIL PRICE WILL BE $100
Global oil demand is seen rising 3.5 million barrels per day (bpd) year-on-year in 2022, with fourth-quarter demand reaching 101.6 million bpd.
![Oil](/cache/01-22/price-0289.dc68138e.jpg)
2022, January, 19, 10:45:00
OIL PRICE MOVING ABOVE $80
There has also been signs of decoupling between the Russian Ruble and the BRENT Oil price as shown on the chart since the start of 2021.
![Oil](/cache/01-22/china-039.18559bc0.jpg)
2022, January, 19, 10:40:00
CHINA COAL PRODUCTION UP
China's raw coal production increased by 4.7% to 4.07 Gt in 2021 and imports grew by 6.6% to 320 Mt,
![Oil](/cache/01-22/indonesia-005.b25f875c.jpg)
2022, January, 19, 10:20:00
INDONESIA RENEWABLES 11.5%
Indonesia was expected to reach a 14.5% target of renewables in its energy mix by 2021
![Oil](/cache/01-22/price-0299.bb907657.jpg)
2022, January, 18, 13:10:00
OIL PRICE: ABOVE $87
Brent rose $1.02, or 1.2%, to $87.50 a barrel, WTI jumped $1.36, or 1.6%, to $85.18 a barrel.
![Oil](/cache/01-22/china-038.3f548580.jpg)
2022, January, 18, 13:00:00
CHINA OIL IMPORTS DOWN BY 5%
In 2021, China imported 513 Mt of crude oil (-5.4% compared to 2020), 27 Mt of refined products (-4%), 323 Mt of coal and lignite (+6.6%) and 121 Mt of natural gas (+19.9%),
![Oil](/cache/01-22/canada-78.18262254.jpg)
2022, January, 18, 12:39:00
CANADA'S CLEAN ENERGY
Canada’s current energy and economic profile presents both challenges and opportunities in achieving these targets given its profile as a major producer, consumer and exporter of energy, and its northern climate.
![Oil](/cache/01-22/price-0288.f033eb67.jpg)
2022, January, 17, 11:55:00
OIL PRICE: NEAR $86
Brent gained 40 cents, or 0.5%, to $86.46 a barrel , WTI was up 58 cents, or 0.7%, at $84.40 a barrel.
![Oil](/cache/01-22/rig-030.4522969c.jpg)
2022, January, 17, 11:10:00
U.S. RIGS UP 13 TO 601
U.S. Rig Count is up 13 from last week to 601, Canada Rig Count is up 50 from last week to 191.
![Oil](/cache/01-22/price-0280.46b00b47.jpg)
2022, January, 14, 12:25:00
OIL PRICE: NEAR $85 ANEW
Brent rose 32 cents, or 0.4%, to $84.79 a barrel, WTI rose 32 cents, or 0.4%, to $84.79 a barrel.
![Oil](/cache/01-22/china-037.674571b7.jpg)
2022, January, 14, 12:00:00
CHINA OIL IMPORTS RISE TO 10.9 MBD
The country's total crude imports averaged 10.3 million b/d in 2021, falling 5.4% year on year amid destocking activities.
![Oil](/cache/12-21/usa-056.3797df56.jpg)
2022, January, 14, 11:45:00
U.S. OIL INVENTORIES DOWN BY 4.6 MB TO 413.3 MB
U.S. commercial crude oil inventories decreased by 4.6 million barrels from the previous week to 413.3 million barrels.
![Oil](/cache/01-22/price-0271.1e275213.jpg)
2022, January, 13, 14:25:00
OIL PRICE: NEAR $85
Brent gained 15 cents, or 0.2%, to $84.82 a barrel, WTI were up 3 cents to $82.67 a barrel.
![Oil](/cache/01-22/price-0234.cd6cbc79.jpg)
2022, January, 12, 10:40:00
OIL PRICE: NOT ABOVE $84
Brent were up 6 cents, or 0.07%, at $83.78 a barrel, WTI rose 20 cents, or 0.3%, to $81.42 a barrel .