Prices
2021, November, 29, 11:55:00
OPEC+ WARINESS
OPEC+ ministers, led by Saudi Arabia and Russia, are meeting after Dated Brent nosedived 11% on Nov. 26, sending shock waves into the energy market as news of the Omicron variant outbreak led to bans on flights from South Africa.
2021, November, 29, 11:50:00
IRAN OIL WILL UP TO 5 MBD
NIOC has planned that, God willing, if the assumptions and requirements of these plans are provided, in the next 10 years, daily gas production will reach 1.5 billion cubic meters and crude oil production capacity will reach 5 million barrels.
2021, November, 29, 11:40:00
VIETNAM'S ENERGY IMBALANCE
The rapid reduction of emissions necessary to cope with climate change will have a huge impact on Vietnam’s energy industry, and is possibly closely linked to short-term policies to develop new and renewable energy sources,
2021, November, 26, 12:15:00
OIL PRICE: NEAR $79
Brent fell $4.07, or 4.9%, to $78.15 a barrel, WTI was down $4.83, or 6.1%, at $73.56 a barrel.
2021, November, 26, 11:40:00
U.S. OIL INVENTORIES UP BY 1.0 MB TO 434.0 MB
U.S. commercial crude oil inventories increased by 1.0 million barrels from the previous week to 434.0 million barrels.
2021, November, 25, 16:00:00
OIL PRICE: NOT BELOW $82
Brent gained 7 cents to $82.32 a barrel, WTI fell 12 cents, or 0.2%, to $78.27 a barrel.
2021, November, 25, 15:55:00
OPEC+ SUPPORT
The meetings will decide the group's January production levels. The existing pact calls on OPEC+ countries to hike output quotas by 400,000 b/d, though the volumes can be changed per market conditions.
2021, November, 25, 15:20:00
U.S. RIGS UP 6 TO 569
U.S. Rig Count is up 6 from last week to 569, Canada Rig Count is up 4 from last week to 171.
2021, November, 24, 12:15:00
OIL PRICE: NEAR $83 AGAIN
Brent rose 13 cents, or 0.2%, to $82.44 a barrel, WTI increased 20 cents, or 0.3%, to $78.70 a barrel.
2021, November, 24, 12:10:00
OPEC WITHOUT CHANGES
The OPEC+ alliance is scheduled to meet Dec. 2 to decide on January production levels, amid strong hints from the US, China, Japan and India that a coordinated crude release from their strategic petroleum reserves was imminent.
2021, November, 24, 11:55:00
U.S. WILL RELEASE OIL 50 MB
China, India, Japan, South Korea and the UK will join the US in releasing strategic oil stocks, the White House said, without giving further details.
2021, November, 23, 12:30:00
OIL PRICE: NEAR $79 ANEW
Brent fell 67 cents, or 0.8%, to $79.03 a barrel, WTI fell 88 cents, or 1.2%, to $75.87 a barrel.
2021, November, 22, 12:35:00
OIL PRICE: NEAR $79
Brent lost 26 cents, or 0.3%, to $78.63 a barrel, WTI were down 12 cents, or 0.2%, at $75.82 a barrel.
2021, November, 22, 11:45:00
U.S. RIGS UP 7 TO 563
U.S. Rig Count is up 7 from last week to 563, Canada Rig Count is down 1 from last week to 167.
2021, November, 19, 11:50:00
OIL PRICE: NEAR $82 AGAIN
Brent was up 77 cents, or 0.9%, at $82.01 a barrel, WTI was up 79 cents, or 1%, at $79.80 a barrel.