Oil
![Oil](/cache/02-21/norway-12.636a7f7e.jpg)
2021, February, 17, 15:40:00
NORWAY'S OIL, GAS PRODUCTION 2.137 MBD
Preliminary production figures for January 2021 show an average daily production of 2 137 000 barrels of oil, NGL and condensate.
![Oil](/cache/02-21/price-97.9926fc0e.jpg)
2021, February, 16, 12:20:24
OIL PRICE: ABOVE $63 AGAIN
Brent was up 35 cents, or 0.6%, at $63.65 a barrel. WTI was up 35 cents, or 0.6%, at $63.65 a barrel.
![Oil](/cache/02-21/iran-231.3a9e593a.jpg)
2021, February, 16, 12:00:00
IRAN'S OIL & SANCTIONS
Iran, which sits on the world’s fourth-largest oil reserves, relies heavily on oil revenue, but sanctions have prevented it from pumping at anywhere near capacity since 2018.
![Oil](/cache/02-21/digit-2.a159664f.jpg)
2021, February, 16, 11:45:00
BP QUANTUM ENERGY
By joining the IBM Quantum Network™ as an Industry Partner, bp will have access to IBM's quantum expertise and software and cloud-based access to the most advanced quantum computers available via the cloud.
![Oil](/cache/02-21/rosneft-167.1ce27fec.jpg)
2021, February, 16, 11:40:00
ROSNEFT NET INCOME RUB 147 BLN
Net income in 4Q 2020 reached a record of RUB 324 bln and amounted to RUB 147 bln in 2020.
![Oil](/cache/02-21/rosneft-165.c4e62d01.jpg)
2021, February, 16, 11:35:00
ROSNEFT PRODUCTION 4 MBD
Brent was up $1.02, or 1.6%, at $63.45 a barrel . WTI gained $1.28, or 2.2%, to $60.75 a barrel.
![Oil](/cache/02-21/price-91.1c35046c.jpg)
2021, February, 15, 14:00:00
OIL PRICE: ABOVE $63
Brent was up $1.02, or 1.6%, at $63.45 a barrel . WTI gained $1.28, or 2.2%, to $60.75 a barrel.
![Oil](/cache/02-21/price-89.f2f6fc28.jpg)
2021, February, 15, 13:55:00
GLOBAL INDEXES UP YET
Japan’s Nikkei led the way, climbing 1.9% to reclaim the 30,000-point level for the first time in more than three decades.
![Oil](/cache/02-21/rig-6.53759a9d.jpg)
2021, February, 15, 13:10:00
U.S. RIGS UP 5 TO 397
U.S. Rig Count is up 5 from last week to 397, Canada Rig Count is up 5 from last week to 176.
![Oil](/cache/02-21/price-87.53385e72.jpg)
2021, February, 12, 12:20:00
OIL PRICE: ABOVE $60
Brent was down 39 cents, or 0.6% at $60.75 a barrel. WTI was down 44 cents, or 0.8% at $57.80 a barrel.
![Oil](/cache/02-21/price-84.5970c0ba.jpg)
2021, February, 12, 12:15:00
GLOBAL OIL DEMAND + 5.8 MBD
For 2021, oil demand is now anticipated to increase by 5.8 mb/d, revised down by around 0.1 mb/d from last month’s projection, to average 96.1 mb/d.
![Oil](/cache/02-21/oil-6.f071b35c.jpg)
2021, February, 12, 12:10:00
U.S. OIL INVENTORIES DOWN 6.6 MB TO 469.0 MB
U.S. commercial crude oil inventories decreased by 9.9 million barrels to 476.7 million barrels.
![Oil](/cache/02-21/energy-4.b215a214.jpg)
2021, February, 12, 12:05:00
OIL REVENUES WILL DOWN $9 TLN
OPEC has long maintained that oil will remain a dominant energy source in the decades to come.
![Oil](/cache/02-21/oil-5.436fe741.jpg)
2021, February, 12, 11:55:00
OIL ISN'T ENOUGH FOR $3 TRLN
To meet the global cumulative demand over the next 30 years, undeveloped and undiscovered resources totaling 313 billion barrels of oil need to be added to currently producing assets.
![Oil](/cache/02-21/price-82.ea5e7a92.jpg)
2021, February, 11, 14:30:00
OIL PRICE: NEAR $61 YET
Brent fell 35 cents, or 0.6%, to $61.12 a barrel. WTI slid 34 cents, or 0.6%, to $58.34 a barrel.