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Oil

Oil
2020, March, 9, 14:25:00
WORLDWIDE RIG COUNT UP 52 TO 2,125
The worldwide rig count for February 2020 was 2,125, up 52 from the 2,073 counted in January 2020, and down 181 from the 2,306 counted in February 2019.
Oil
2020, March, 9, 14:20:00
U.S. RIGS UP 3 TO 793
U.S. Rig Count is up 3 rigs from last week to 793, Canada Rig Count is down 37 rigs from last week to 203.
Oil
2020, March, 6, 12:45:00
OIL PRICE: NEAR $49
Brent crude fell 49 cents, or 0.98%, to $49.50 per barrel, WTI was down 46 cents, or 1%, at $45.44 per barrel.
Oil
2020, March, 6, 12:40:00
OPEC NEEDS REDUCTION 1.5 MBD
With oil prices tumbling, OPEC now wants to deepen its production cuts with non-OPEC allies by 1.5 million b/d for the full year 2020, instead of just the second quarter, sources said Thursday.
Oil
2020, March, 6, 12:35:00
ЦЕНА URALS: $58,13
Средняя цена на нефть марки Urals в январе-феврале 2020 года сложилась в размере $ 58,13 за баррель
Oil
2020, March, 6, 12:30:00
U.S. OIL EXPORTS +45%
U.S. crude oil exports averaged 2.98 million barrels per day (b/d) in 2019,
Oil
2020, March, 6, 12:05:00
EXXON INVESTMENT LEVEL $33 BLN
ExxonMobil is planning capital expenditures of between $30 billion to $35 billion annually through 2025, consistent with previous guidance. For 2020, the company anticipates an investment level of up to $33 billion, depending on the progress of individual projects.
Oil
2020, March, 4, 10:05:00
OIL PRICE: NOT ABOVE $53
Brent rose by 78 cents, or 1.50%, to $52.64 a barrel, WTI rose by 72 cents, or 1.53%, to $47.90 a barrel,
Oil
2020, March, 4, 10:00:00
OPEC'S PROPOSAL: $60
“Conoravirus ... is a short-lived factor which is affecting oil prices ... There will be an OPEC (and non-OPEC) meeting, compensatory measures will be taken which will take the excess oil off the market and the oil price will rebound,” Fedun said.
Oil
2020, March, 4, 09:55:00
U.S. OIL PRODUCTION 12.23 MBD
Annual U.S. crude oil production reached another record level at 12.23 million barrels per day (b/d) in 2019, 1.24 million b/d, or 11%, more than 2018 levels.
Oil
2020, March, 4, 09:50:00
IRAQ'S OIL EXPORTS 3.9 MBD UP 5.6%
Iraq's total exports, which include those of Kurdistan, reached 3.873 million b/d in February, up from 3.667 million b/d in January,
Oil
2020, March, 4, 09:45:00
VENEZUELA'S OIL EXPORTS UP 9%
Venezuela's oil exports increased to 1.046 million barrels per day (bpd) last month from 960,000 bpd in January,
Oil
2020, March, 2, 13:05:00
OIL PRICE: NEAR $51 ANEW
Brent was at $51.91 a barrel, up $2.24 or 4.5%, WTI hit a 14-month low of $43.32, before recovering to $46.65, up $1.89, or 4.2%.
Oil
2020, March, 2, 13:00:00
BRENT PRICE LEVEL: $ 42.4
"I want to emphasize, for the Russian budget, for our economy, current oil prices are acceptable. Let me remind you that this year, as part of our macroeconomic policy, we took a Brent crude price of $42.40/b as the base level," Putin said during a meeting on the impact of the coronavirus on the global economy and the oil market with government ministers and representative of oil and gas companies.
Oil
2020, March, 2, 12:55:00
OPEC+ OIL CUTS
Despite heavy lobbying by Saudi Arabia, the 23-country coalition of OPEC and non-OPEC producers has yet to agree on any plans to rein in crude oil production further.