Oil
![Oil](/cache/06-21/price-481.f251132d.jpg)
2021, June, 25, 12:45:00
OPEC OIL NEEDED
OPEC+ negotiations on August production levels will pick up in earnest on June 29, with a meeting of the delegate-level advisory Joint Technical Committee, before the nine-country Joint Ministerial Monitoring Committee co-chaired by Saudi Arabia and Russia convene on June 30.
![Oil](/cache/06-21/india-182.55520a39.jpg)
2021, June, 25, 12:40:00
INDIA NEED OIL
India is the world's third largest consumer of crude and a key market for many OPEC members.
![Oil](/cache/06-21/price-479.90009335.jpg)
2021, June, 24, 12:20:00
OIL PRICE: NOT ABOVE $76 ANEW
Brent rose 30 cents, or 0.4%, to $75.49 a barrel, WTI climbed 31 cents, or 0.4%, to $73.39 a barrel.
![Oil](/cache/06-21/usa-392.080efd7a.jpg)
2021, June, 24, 11:55:00
U.S. OIL INVENTORIES DOWN 7.6 MB TO 459.1 MB
U.S. commercial crude oil inventories decreased by 7.6 million barrels from the previous week to 459.1 million barrels.
![Oil](/cache/06-21/price-473.3ca7fb64.jpg)
2021, June, 23, 11:50:00
OIL PRICE: NOT ABOVE $76
Brent rose 81 cents, or 1.1%, to $75.62, WTI added 49 cents, or 0.7%, to $73.34.
![Oil](/cache/06-21/iraq-98.d31939d4.jpg)
2021, June, 23, 11:20:00
IRAQ OIL EXPORTS WILL UP
With OPEC and its allies planning to roll back production quotas over the next few months in anticipation of greater global demand for crude oil, Iraq's quota will rise to 4.016 million b/d in July, having been at 3.954 million b/d in June and 3.905 million b/d in May.
![Oil](/cache/06-21/price-465.2e0245c4.jpg)
2021, June, 22, 12:35:00
OIL PRICE: NOT ABOVE $75
Brent climbed 29 cents, or 0.4%, to $75.19 a barrel, WTI was at $73.66 a barrel, unchanged from the previous session.
![Oil](/cache/06-21/norway-297.705e9a5e.jpg)
2021, June, 22, 12:05:00
NORWAY OIL, GAS PRODUCTION 1.86 MBD
Preliminary production figures for May 2021 show an average daily production of 1 860 000 barrels of oil, NGL and condensate.
![Oil](/cache/06-21/aramco-3.d29c2c6f.jpg)
2021, June, 22, 12:00:00
ARAMCO DEAL $12.4 BLN
Aramco and an international investor consortium, including EIG and Mubadala, today announced the successful closing of the share sale and purchase agreement, in which the consortium has acquired a 49% stake in Aramco Oil Pipelines Company, a subsidiary of Aramco, for $12.4 billion.
![Oil](/cache/06-21/aramco-2.6267e78a.jpg)
2021, June, 22, 11:55:00
ARAMCO RAISES $6 BLN
Aramco President & CEO, Amin H. Nasser, said: “We are very pleased with the global investment community’s response to Aramco’s first international dollar Sukuk, which attracted demand 20 times the initial targeted issuance size.
![Oil](/cache/06-21/rig-229.17506678.jpg)
2021, June, 22, 11:40:00
U.S. RIGS UP 9 TO 470
U.S. Rig Count is up 9 from last week to 470, Canada Rig Count is up 24 from last week to 117.
![Oil](/cache/06-21/price-459.ab323281.jpg)
2021, June, 18, 12:30:00
OIL PRICE: NOT ABOVE $73
Brent were down 64 cents, or 0.9%, at $72.44 a barrel, WTI were down 53 cents, or 0.8%, at $70.51 a barrel.
![Oil](/cache/06-21/korea-30.16caecc7.jpg)
2021, June, 18, 12:15:00
OIL FOR S. KOREA UP
The world's fifth-largest crude importer received 1.227 million mt, or 8.99 million barrels, of US oil in May, up from 7.41 million barrels a year earlier,
![Oil](/cache/06-21/price-450.7e8561b2.jpg)
2021, June, 17, 12:50:00
OIL PRICE: NOT ABOVE $75
Brent dropped 33 cents, or 0.4%, to $74.06 a barrel, WTI dropped 33 cents, or 0.4%, to $74.06 a barrel.
![Oil](/cache/06-21/china-374.9be879c5.jpg)
2021, June, 17, 12:45:00
CHINA'S OIL THROUGHPUT UP 4.4%
These brought the country's throughput in the first five months to average at 14.21 million b/d with a 12.7% year-on-year jump.