Prices
2022, June, 14, 11:45:00
OPEC OIL PRICE: $120.66
The price of OPEC basket of thirteen crudes stood at $120.66 a barrel
2022, June, 14, 11:40:00
EUROPEAN GAS PRICES UP
Russian shipments through the Nord Stream pipeline to Germany are set to swing broadly on Tuesday, nominations show. The link is also scheduled to shut down July 11-21 for seasonal maintenance.
2022, June, 14, 11:35:00
LNG SUPPLIES DOWN, PRICES UP
"The energy complex is very tight globally and LNG prices will be supported in the next two-three months at the very least," a trading source based in Singapore said June 13.
2022, June, 14, 11:30:00
U.S. ENERGY PRICES GO HIGHER
The Administration has actually recommended that people buy EVs to avoid increasing gasoline prices. The recent ban on imports of Russian oil will likely further increase gasoline prices, which have already doubled under the Administration.
2022, June, 14, 11:25:00
EUROPEAN ENERGY AID €8.4 BLN
In May 2022, Spain and Portugal created an extraordinary and temporary mechanism in Spain and Portugal to protect consumers from the rise in electricity prices,
2022, June, 13, 15:00:00
OIL PRICE: BRENT NEAR $120, WTI ABOVE $118
Brent was down $1.86, or 1.5%, to $120.15 a barrel, WTI was down $2.15, or 1.8%, at $118.52.
2022, June, 13, 14:55:00
OPEC OIL PRICE: $123.19
The price of OPEC basket of thirteen crudes stood at $123.19 a barrel
2022, June, 13, 14:45:00
EUROPEAN GAS UPDOWN
Cuts to Russian supplies in recent months and fears of further curbs have prompted European energy companies to go hunting for new sources of gas to refill storage ahead of the winter.
2022, June, 13, 14:40:00
GERMANY'S ENERGY SAVING
Chancellor Olaf Scholz’s three-party alliance agreed at the end of March to cut the levy on fuel for three months from June 1 by 30 euro cents per liter for gasoline and 14 cents for diesel, costing the government about 3 billion euros ($3.1 billion) in lost revenue.
2022, June, 13, 14:35:00
LIBYA'S OIL PRODUCTION STOPPED
Libya is pumping only about 100,000 barrels a day.
2022, June, 13, 14:15:00
U.S. RIGS UP 6 TO 733
U.S. Rig Count is up 6 from last week to 733, Canada Rig Count is up 24 from last week to 141.
2022, June, 10, 14:50:00
OIL PRICE: BRENT ABOVE $123, WTI ABOVE $121
Brent was up 40 cents, or 0.3%, at $123.47 a barrel, WTI rose 30 cents, or 0.3%, to $121.81 a barrel.
2022, June, 10, 14:45:00
OPEC OIL PRICE: $123.21
The price of OPEC basket of thirteen crudes stood at $123.21 a barrel on Thursday,
2022, June, 10, 14:40:00
OIL PRICES 2022-23: $108 - $97
The Brent price will average $108/b in the second half of 2022 (2H22) and then fall to $97/b in 2023.
2022, June, 10, 13:50:00
U.S. OIL INVENTORIES UP BY 2.0 MB TO 416.8 MB
U.S. commercial crude oil inventories increased by 2.0 million barrels to 416.8 million barrels.