Oil
![Oil](/cache/08-21/santos-004.ba6245d1.jpg)
2021, August, 26, 16:00:00
AUSTRALIA'S SANTOS NET PROFIT $354 MLN
The reported net profit after tax of US$354 million includes net gains on asset sales and is significantly higher than the corresponding period mainly due to impairments included in the previous half-year result.
![Oil](/cache/08-21/rig-004.2b977f48.jpg)
2021, August, 26, 15:55:00
U.S. RIGS UP 3 TO 503
U.S. Rig Count is up 3 from last week to 503, Canada Rig Count is down 8 from last week to 156.
![Oil](/cache/08-21/price-065.893ccd47.jpg)
2021, August, 25, 12:50:00
OIL PRICE: NEAR $71
Brent dropped 9 cents, or 0.1%, to $70.96 a barrel, WTI fell 19 cents, or 0.3%, to $67.35.
![Oil](/cache/08-21/nigeria-3.d7e62b84.jpg)
2021, August, 25, 12:20:00
NIGERIA'S PETROLEUM BILL
Nigeria has been seeking to pass the bill since 2008 but failed to do it in three occasions: 2009, 2012 and 2018.
![Oil](/cache/08-21/price-058.0ba02a25.jpg)
2021, August, 9, 12:05:00
OIL PRICE: BELOW $69
Brent fell by $2.43, or 3.5%, to $68.27 a barrel, WTI fell by $2.43, or 3.5%, to $68.27 a barrel.
![Oil](/cache/08-21/opec-001.20a56b79.jpg)
2021, August, 9, 11:55:00
OPEC+ OIL PRODUCTION UP BY 750 TBD
The 19 countries with quotas under the OPEC+ deal produced 35.99 million b/d in July, despite having a collective ceiling of 36.34 million b/d.
![Oil](/cache/08-21/rig-003.78c1e552.jpg)
2021, August, 9, 11:35:00
WORLDWIDE RIG COUNT UP 55 TO 1,380
The Worldwide Rig Count for July was 1,380, up 55 from the 1,325 counted in June 2021,
![Oil](/cache/08-21/rig-002.b736bae2.jpg)
2021, August, 9, 11:30:00
U.S. RIGS UP 3 TO 491
U.S. Rig Count is up 3 from last week to 491, Canada Rig Count is up 3 from last week to 156.
![Oil](/cache/08-21/price-052.f7f3fe8f.jpg)
2021, August, 6, 11:45:00
OIL PRICE: BELOW $72
Brent rwere up 47 cents at $71.76 a barrel, WTI rose 45 cents to $69.54 a barrel.
![Oil](/cache/08-21/price-045.1f9e409d.jpg)
2021, August, 5, 15:05:00
OIL PRICE: BELOW $71
Brent rose by 50 cents, or 0.71%, to $70.88 a barrel, WTI rose 66 cents, or 1%, to $68.81.
![Oil](/cache/08-21/india-03.80a320a5.jpg)
2021, August, 5, 14:55:00
INDIA'S DOWNSTREAM INVESTMENT $27 BLN
India’s refining capacity stood at 251 Mt/year at the end of 2020. India is the fourth largest producer of oil products in the world, with an output of 232 Mt in 2020 (-11% compared to 2019). The country is a net exporter of oil products (12.5 Mt in 2020).
![Oil](/cache/08-21/usa-008.5c6686f1.jpg)
2021, August, 5, 14:45:00
U.S. OIL INVENTORIES UP BY 3.6 MB TO 439.2 MB
U.S. commercial crude oil inventories increased by 3.6 million barrels from the previous week to 439.2 million barrels.
![Oil](/cache/08-21/price-039.2e73090b.jpg)
2021, August, 4, 12:40:00
OIL PRICE: BELOW $73
Brent were up 33 cents, or 0.5%, to $72.74 a barrel, WTI rose 16 cents, or 0.2%, to $70.72 a barrel.
![Oil](/cache/08-21/russia-004.40e88c34.jpg)
2021, August, 4, 12:20:00
RUSSIA'S OIL FOR U.S. UP
US imports of crude and oil products from Russia hit an all-time high of 844,000 b/d in May, making it the No. 2 supplier,
![Oil](/cache/08-21/santos-001.c94cbe93.jpg)
2021, August, 4, 12:10:00
AUSTRALIA'S SANTOS, OIL SEARCH MERGER A$21 BLN
Pro-forma market capitalisation of A$21 billion which would position the merged entity in the top-20 ASX-listed companies and the 20 largest global oil and gas companies