Oil
![Oil](/cache/09-21/santos-006.315d58f0.jpg)
2021, September, 13, 12:10:00
AUSTRALIA'S SANTOS MERGE
The Merger creates a regional champion of size and scale, with a pro-forma market capitalisation of approximately A$21 billion
![Oil](/cache/09-21/rig-008.ab1e8f42.jpg)
2021, September, 13, 12:05:00
U.S. RIGS UP 6 TO 503
U.S. Rig Count is up 6 from last week to 503 , Canada Rig Count is down 9 from last week to 143.
![Oil](/cache/09-21/price-0121.24a0b7c4.jpg)
2021, September, 10, 12:55:00
OIL PRICE: BELOW $73 YET
Brent rose $1.20, or 1.7%, to $72.65, WTI was at $69.19, up $1.05 or 1.5%.
![Oil](/cache/09-21/price-0115.a084acab.jpg)
2021, September, 10, 12:40:00
OIL PRICES 2021-22: $71-$66
We expect Brent prices will remain near current levels for the remainder of 2021, averaging $71/b during the fourth quarter of 2021 (4Q21). In 2022, we expect that growth in production from OPEC+, U.S. tight oil, and other non-OPEC countries will outpace slowing growth in global oil consumption and contribute to Brent prices declining to an annual average of $66/b.
![Oil](/cache/09-21/usa-013.b0d52818.jpg)
2021, September, 10, 12:20:00
U.S. OIL INVENTORIES DOWN BY 1.5 MB TO 423.9 MB
U.S. commercial crude oil inventories decreased by 1.5 million barrels from the previous week to 423.9 million barrels.
![Oil](/cache/09-21/price-0113.2c5f0910.jpg)
2021, September, 8, 10:25:00
OIL PRICE: NEAR $72 YET
Brent fell 2 cents to $71.67 a barrel, WTI rose 11 cents, or 0.2%, to $68.46 a barrel.
![Oil](/cache/09-21/india-007.7184433f.jpg)
2021, September, 8, 10:20:00
INDIA'S OIL DEMAND UP
"With the recovery in the overall demand, refining and other related operational parameters have demonstrated an even more pronounced turnaround compared to the previous year," said Shrikant Madhav Vaidya, chairman of state-run Indian Oil Corp. the country's biggest refiner.
![Oil](/cache/09-21/malaysia-001.2c66bcdc.jpg)
2021, September, 8, 10:05:00
MALAYSIA'S CLEAN ENERGY
Petronas is pushing for the increased use of natural gas as a cleaner source of fuel while building capabilities in renewable energy for the security and sustainability of its supply,
![Oil](/cache/09-21/price-0107.a497fb4a.jpg)
2021, September, 7, 13:45:00
OIL PRICE: BELOW $73
Brent rose 35 cents, or 0.5%, to $72.57 a barrel, WTI was at $69.16 a barrel.
![Oil](/cache/09-21/price-098.f77ea209.jpg)
2021, September, 6, 12:25:00
OIL PRICE: NEAR $72
Brent fell 98 cents, or 1.4%, to $71.63 a barrel, WTI was at $68.34 a barrel, down 95 cents, or 1.4%.
![Oil](/cache/09-21/price-0100.ddc52866.jpg)
2021, September, 6, 12:20:00
OPEC+ OIL ADJUSTMENT 0.4 MBD
Reconfirm the production adjustment plan and the monthly production adjustment mechanism approved at the 19th ONOMM and the decision to adjust upward the monthly overall production by 0.4 mb/d for the month of October 2021.
![Oil](/cache/09-21/iraq-002.2c841d31.jpg)
2021, September, 6, 11:50:00
IRAQ, TOTAL ENERGY AGREEMENTS $27 BLN
Total and Iraq's oil ministry in January signed a memorandum of understanding for the energy projects.
![Oil](/cache/09-21/usa-011.9c605cb7.jpg)
2021, September, 6, 11:35:00
U.S. OIL INVENTORIES DOWN BY 7.2 MB TO 425.4 MB
U.S. commercial crude oil inventories decreased by 7.2 million barrels from the previous week to 425.4 million barrels.
![Oil](/cache/09-21/rig-006.de6a50a9.jpg)
2021, September, 6, 11:30:00
WORLDWIDE RIG COUNT UP 54 TO 1,434
The Worldwide Rig Count for August was 1,434, up 54 from the 1,380 counted in July 2021,
![Oil](/cache/09-21/rig-007.38d1a17c.jpg)
2021, September, 6, 11:25:00
U.S. RIGS DOWN 11 TO 497
U.S. Rig Count is down 11 from last week to 497 , Canada Rig Count is up 5 from last week to 152.