Oil
2023, October, 27, 07:00:00
OIL PRICE: BRENT NEAR $89, WTI ABOVE $84
Brent rose $1.16, or 1.3%, to $89.09 a barrel. WTI climbed $1.08, also 1.3%, to $84.29 a barrel.
2023, October, 27, 06:55:00
GLOBAL OIL WILL STAY
Prince Abdulaziz said that the energy transition will require hydrocarbons including petrochemicals.
2023, October, 20, 07:00:00
OIL PRICE: BRENT ABOVE $93, WTI ABOVE $90
Brent crude futures climbed 94 cents, or 1%, to $93.32 a barrel by 0307 GMT. U.S. West Texas Intermediate crude was at $90.78 a barrel, up $1.41, or 1.6%.
2023, October, 20, 06:20:00
OIL: A VAGRANT GEOPOLITICAL BROTH
Oil has become the gift that keeps on giving. Aggressive long liquidation leaves the markets exposed to a strong geopolitical bid as it has a direct effect on oil production and transportation in the Middle East.
2023, October, 13, 07:00:00
OIL PRICE: BRENT ABOVE $86, WTI ABOVE $83
Brent rose 50 cents, or 0.6%, to $86.50 per barrel, WTI gained 64 cents, or 0.8%, to $83.55 a barrel.
2023, October, 13, 06:50:00
OIL PRICES 2023-24: $84 - $95
The Brent spot price increasing to average $95 per barrel (b) in 2024.
2023, October, 6, 07:00:00
OIL PRICE: BRENT ABOVE $84, WTI NEAR $83
Brent were up 36 cents, or 0.4%, at $84.43. WTI were up 42 cents, or 0.5%, at $82.73.
2023, October, 6, 06:50:00
STRONG COHESION OF OPEC+
The committee reaffirmed the commitment of its member countries to the DoC which extends to the end of 2024 as agreed in the 35th OPEC and non-OPEC Ministerial Meeting (ONOMM) on 4th of June 2023.
2023, October, 6, 06:40:00
INDIA NEED OIL
Puri has long called for OPEC and its allies led by Russia, known as OPEC+, to consider how their policies affect oil-consuming countries.
2023, October, 6, 06:05:00
NORWAY OIL, GAS PRODUCTION 2.006 MBD
Preliminary production figures for August 2023 show an average daily production of 2 006 000 barrels of oil, NGL and condensate.
2023, October, 2, 07:00:00
OIL PRICE: BRENT ABOVE $92, WTI NEAR $91
Brent rose 25 cents, or 0.3%, to $92.45 a barrel. WTI gained 29 cents, or 0.3%, to $91.08 a barrel.
2023, September, 22, 07:00:00
OIL PRICE: BRENT NEAR $94, WTI ABOVE $90
Brent climbed 50 cents, or 0.5%, to $93.80 a barrel, WTI gained 63 cents, or 0.7%, to $90.26 a barrel.
2023, September, 12, 09:15:00
OIL PRICE: BRENT NEAR $90, WTI ABOVE $87
Brent rose 28 cents to $90.92 a barrel, WTI edged 35 cents higher to $87.64.
2023, September, 12, 09:00:00
GLOBAL OIL OF SAUDI ARABIA
As we come to the end of the Africa Climate Summit week in Nairobi, Kenya, a variety of discussions have taken place among various stakeholders and global citizens to explore different methods to reduce greenhouse gas emissions.
2023, September, 12, 08:20:00
WORLDWIDE RIG COUNT DOWN 32 TO 1,788
The Worldwide Rig Count for August was 1,788, down 32 from the 1,820 counted in July 2023, and down 37, from the 1,825 counted in August 2022.
