Oil
![Oil](/cache/02-21/iraq-93.2f14b5a5.jpg)
2021, February, 25, 12:05:00
IRAQ'S OIL EXPORTS 2.7 MBD
Iraq’s oil exports from its southern ports are stable at 2.7 million barrels per day (bpd) so far in February
![Oil](/cache/02-21/usa-30.551344f0.jpg)
2021, February, 25, 11:45:00
U.S. OIL INVENTORIES UP 1.3 MB TO 463.0 MB
U.S. commercial crude oil inventories increased by 1.3 million barrels to 463.0 million barrels.
![Oil](/cache/02-21/price-106.446ce99a.jpg)
2021, February, 24, 11:05:00
OIL PRICE: NEAR $65 ANEW
Brent fell 35 cents, or 0.5%, to $65.02 a barrel. WTI were down 56 cents or 0.9% at $61.11 a barrel.
![Oil](/cache/02-21/oil-65.f8eaee6c.jpg)
2021, February, 24, 10:50:00
GLOBAL OIL DEMAND WILL UP TO 100 MBD
Oil demand to reach 102.6 million b/d by the fourth quarter of this year, the highest since Q4 2019 when it averaged 103.9 million b/d.
![Oil](/cache/02-21/rig-210.ecb591b7.jpg)
2021, February, 24, 10:20:00
U.S. RIGS UNCHANGED
U.S. Rig Count is unchanged from last week at 397, Canada Rig Count is down 4 from last week to 172
![Oil](/cache/02-21/price-104.658199e6.jpg)
2021, February, 19, 13:25:00
OIL PRICE: NEAR $63
Brent dropped 87 cents, or 1.4%, to $63.06 a barrel. WTI fell 82 cents, or 1.4%, to $59.70 a barrel.
![Oil](/cache/02-21/energy-7.8ef8a094.jpg)
2021, February, 19, 13:20:00
FOSSIL FUELS DOMINATION
Fossil fuels are expected to dominate the primary energy mix thru 2040, even in scenarios where countries meet the Paris Agreement’s climate goals.
![Oil](/cache/02-21/oil-63.7e2ba2c9.jpg)
2021, February, 19, 13:00:00
OPEC+ OIL WILL UP
Global liquids supplies are expected to climb by 3.2 million b/d on average in 2021,
![Oil](/cache/02-21/usa-25.10eb4381.jpg)
2021, February, 19, 12:45:00
U.S. OIL INVENTORIES DOWN 7.3 MB TO 461.8 MB
U.S. commercial crude oil inventories decreased by 7.3 million barrels to 461.8 million barrels.
![Oil](/cache/02-21/price-102.953117a1.jpg)
2021, February, 18, 12:55:00
OIL PRICE: NEAR $65
Brent was up 56 cents, or 0.9%, at $64.90 a barrel. WTI gained 46 cents, or 0.8%, to $61.60 a barrel.
![Oil](/cache/02-21/russia-59.e0827bdd.jpg)
2021, February, 18, 12:50:00
RUSSIA'S OIL PRODUCTION 9.1 MBD
Moscow-based analysts welcomed the latest OPEC+ decision, which allowed Russia to increase output by 65,000 b/d in February, and a further 65,000 b/d in March. Russia's crude output was 9.10 million b/d in December.
![Oil](/cache/02-21/novatek-66.6c27fc97.jpg)
2021, February, 18, 12:15:00
NOVATEK PROFIT RUB 67.8 BLN
PAO NOVATEK released its audited consolidated financial statements for the year ended 31 December 2020 prepared in accordance with International Financial Reporting Standards (“IFRS”).
![Oil](/cache/02-21/santos-25.1265cd61.jpg)
2021, February, 18, 12:10:00
AUSTRALIA'S SANTOS LOSS $357 MLN
The reported net loss after tax of US$357 million includes the previously announced impairments, primarily due to lower oil price assumptions.
![Oil](/cache/02-21/price-99.979daeff.jpg)
2021, February, 17, 16:05:00
OIL PRICE: ABOVE $63 YET
Brent gained 38 cents, or 0.6%, to $63.73 a barrel. WTI rose 21 cents, or 0.4%, to $60.26 a barrel.
![Oil](/cache/02-21/gazprom-5.4d046ed7.jpg)
2021, February, 17, 15:45:00
GAZPROM SALES DOWN: 2020
Gazprom sold a total of 209.7 Bcm last year across all of its pipeline markets, down from 228.2 Bcm in 2019,