Oil
2023, June, 9, 06:50:00
OPEC+ RUSSIA: 40.46 MBD
Adjust the level of overall crude oil production for OPEC and non-OPEC Participating Countries in the DoC to 40.46 mb/d, starting 1 January 2024 until 31 December 2024, which is to be distributed as per the attached table.
2023, June, 9, 06:40:00
OIL PRICES 2023-24: $79 - $84
The Brent crude oil spot price will average $79 per barrel (b) in the second half of 2023 (2H23) and $84/b in 2024.
2023, June, 9, 06:35:00
SAUDI ARABIA OIL PRODUCTION DOWN 1 MBD
The kingdom’s energy minister Prince Abdulaziz bin Salman, Opec’s de facto leader, made the move as part of a deal in which several weaker African members will have quotas reduced from next year.
2023, June, 9, 06:15:00
ДОХОДЫ РОССИИ МИНУС 44,0 МЛРД. РУБ.
Ожидаемый объем дополнительных нефтегазовых доходов федерального бюджета прогнозируется в июне 2023 года в размере -44,0 млрд руб.
2023, June, 9, 06:10:00
U.S. WILL BUY 3 MB
The Department of Energy (DOE) announced today that it will purchase up to 3 million barrels of oil for the Strategic Petroleum Reserve (SPR)
2023, June, 9, 06:05:00
U.S. OIL INVENTORIES DOWN BY 0.5 MB TO 459.2 MB
U.S. commercial crude oil inventories decreased by 0.5 million barrels to 459.2 million barrels.
2023, June, 9, 06:00:00
WORLDWIDE RIG COUNT DOWN 25 TO 1,783
The Worldwide Rig Count for May was 1,783, down 25 from the 1,808 counted in April 2023, and up 155, from the 1,628 counted in May 2022.
2023, June, 2, 07:00:00
OIL PRICE: BRENT ABOVE $74, WTI ABOVE $70
Brent rose 34 cents, or 0.46% to $74.62 a barrel, WTI rose 30 cents, or 0.43%, to $70.40.
2023, June, 2, 06:25:00
OIL ENTROPY
Voluntary production cuts by some members of OPEC is due this coming month. Russia lifts levy on Oil & Gas firms amid G7 Price cap on Crude Oil.
2023, June, 2, 06:05:00
U.S. OIL INVENTORIES UP BY 4.5 MB TO 459.7 MB
U.S. commercial crude oil inventories increased by 4.5 million barrels to 459.7 million barrels.
2023, May, 26, 07:00:00
OIL PRICE: BRENT NEAR $76, WTI ABOVE $71
Brent fell 30 cents to $75.96 a barrel, WTI was down by 14 cents at $71.69 a barrel.
2023, May, 26, 06:55:00
OPEC+ RUSSIA: NO CHANGES
Earlier this year Russia introduced a voluntary cut of 500,000 b/d from March after EU sanctions on imports of most Russian oil and G7 price caps came into force.
2023, May, 26, 06:25:00
NORWAY OIL, GAS PRODUCTION 2.035 MBD
Preliminary production figures for April 2023 show an average daily production of 2 035 000 barrels of oil, NGL and condensate.
2023, May, 26, 06:20:00
U.S. OIL INVENTORIES DOWN BY 12.5 MB TO 455.2 MB
U.S. commercial crude oil inventories decreased by 12.5 million barrels to 455.2 million barrels.
2023, May, 19, 07:00:00
OIL PRICE: BRENT ABOVE $76, WTI ABOVE $72
Brent rose 59 cents, or 0.8%, to $76.45 a barrel, WTI climbed 48 cents, or 0.7%, to $72.34.
