Prices
![Prices](/cache/04-22/europe-012.8d0ed455.jpg)
2022, April, 4, 12:15:00
GERMANY REQUESTS A RECESSION
Europe's largest economy is heavily dependent upon Russia for energy, and nations banks echoed concerns over possible energy disruption expressed by big names in industry in recent days.
![Prices](/cache/04-22/usa-097.9dcf2a03.jpg)
2022, April, 4, 12:05:00
US SELLS OIL 90 MB
The first 90 million barrels will be released between May and July, through two notices of sale totaling 70 million barrels, and 20 million barrels already scheduled to be released in May 2022.
![Prices](/cache/04-22/rig-042.23ba909d.jpg)
2022, April, 4, 11:50:00
WORLDWIDE RIG COUNT DOWN 8 TO 1,661
The Worldwide Rig Count for March was 1,661, down 8 from the 1,669 counted in February 2022,and up 430 from the 1,231 counted in March 2021.
![Prices](/cache/04-22/rig-041.9cca4e1d.jpg)
2022, April, 4, 11:45:00
U.S. RIGS UP 3 TO 673
U.S. Rig Count is up 3 from last week to 673, Canada Rig Count is down 16 from last week to 124.
![Prices](/cache/04-22/price-0219.ab33b4be.jpg)
2022, April, 1, 11:50:00
OIL PRICE: BRENT BELOW $104, WTI BELOW $100
Brent slid by 79 cents to $103.92 a barrel, WTI were down $1.02 at $99.26 a barrel.
![Prices](/cache/04-22/price-0224.172cafe9.jpg)
2022, April, 1, 11:40:00
OPEC+ 432 TBD
Reconfirm the baseline adjustment, the production adjustment plan and the monthly production adjustment mechanism approved at the 19th OPEC and non-OPEC Ministerial Meeting and the decision to adjust upward the monthly overall production by 0.432 mb/d for the month of May 2022, as per the attached schedule.
![Prices](/cache/04-22/price-0227.e2971e05.jpg)
2022, April, 1, 11:35:00
OPEC OIL PRICE: $110.46
The price of OPEC basket of thirteen crudes stood at $110.46 a barrel on Wednesday,
![Prices](/cache/04-22/russia-094.0941a1b3.jpg)
2022, April, 1, 11:30:00
RUSSIAN GAS FOR EUROPE IS STABLE
But there was no sign on Friday of an immediate interruption. Flows remained steady through two of the three main pipelines bringing Russian gas into Europe - Nord Stream 1 across the Baltic Sea, and into Slovakia over Ukraine.
![Prices](/cache/04-22/russia-093.24fabafc.jpg)
2022, April, 1, 11:25:00
JAPAN AGREE WITH RUSSIAN ROUBLES
Russian President Vladimir Putin signed an order March 31 prohibiting supply of Russian gas to countries that have imposed sanctions against Moscow if they refuse to pay for imports in rubles.
![Prices](/cache/04-22/india-036.60db9326.jpg)
2022, April, 1, 11:20:00
INDIA NEED MORE OIL
We imported from Russia just 0.419 million mt in the April-December period of the current fiscal year 2021-22 (April-March). That is just 0.2% of the total requirement.
![Prices](/cache/03-22/price-0179.583d6c8f.jpg)
2022, March, 31, 14:10:00
OIL PRICE: BRENT BELOW $107, WTI BELOW $102
Brent fell $4.87, or 4.3%, to $108.58 a barrel, WTI fell $5.90, or 5.5%, to $101.92 a barrel .
![Prices](/cache/03-22/price-0147.b682db62.jpg)
2022, March, 31, 14:05:00
OPEC OIL PRICE: $110.05
the price of OPEC basket of thirteen crudes stood at $110.46 a barrel
![Prices](/cache/03-22/usa-092.6afadd60.jpg)
2022, March, 31, 13:35:00
U.S. OIL INVENTORIES DOWN BY 3.4 MB TO 409.9 MB
U.S. commercial crude oil inventories decreased by 3.4 million barrels from the previous week to 409.9 million barrels.
![Prices](/cache/03-22/price-0109.65bb984d.jpg)
2022, March, 30, 11:00:00
OIL PRICE: BRENT BELOW $113, WTI BELOW $107
Brent were up $2.6, or 2.4% at $112.81, WTI rose $2.7, or 2.5%, to $106.84 a barrel.
![Prices](/cache/03-22/price-0103.bf74e48e.jpg)
2022, March, 30, 10:55:00
OPEC+ WITHOUT POLICIES
Commenting on the Russia-Ukraine conflict, Saudi Arabia’s Prince Abdulaziz bin Salman said that OPEC puts political differences aside when its ministers meet and OPEC+ is doing the same.