Prices
2022, December, 13, 13:55:00
RUSSIAN OIL TO ASIA 3 MBD
Export loadings of Russian crude averaged 3.02 million b/d in the week ending Dec. 11, little changed from the week before and in line with the November average of 3.07 million b/d
2022, December, 13, 13:50:00
EUROPE NEED MORE GAS
Despite Russia slashing gas deliveries this year, Europe has averted a severe shortage and started the winter with brimming gas storage tanks
2022, December, 13, 13:45:00
EUROPEAN GAS DEADLOCK
Countries led by Germany, the Netherlands and Denmark are calling for a cautious approach, while a group including Belgium, Italy, Greece and Poland is pushing for a more aggressive tool to contain gas prices.
2022, December, 12, 15:50:00
OIL PRICE: BRENT ABOVE $75, WTI ABOVE $70
Brent were down 38 cents, or 0.4%, at $75.72 a barrel, WTI was at $70.76 a barrel, down 26 cents, or 0.3%.
2022, December, 12, 15:45:00
EUROPEAN GAS PRICES UPDOWN ANEW
The Arctic weather is the first real test of Europe’s resiliency this season as it faces a historic energy crisis, with Russia curbing gas supplies to the region.
2022, December, 12, 15:15:00
U.S. RIGS DOWN 4 TO 780
U.S. Rig Count is down 4 from last week to 780, Canada Rig Count is up 7 from last week to 202.
2022, December, 7, 11:55:00
OIL PRICE: BRENT ABOVE $79, WTI NEAR $74
Brent edged up 3 cents, or 0.04%, to $79.38 a barrel , WTI were down 9 cents or 0.12% to $74.16 a barrel.
2022, December, 7, 11:35:00
OIL PRICES 2023: $92
Falling global inventories of oil in early 2023 will push Brent prices back above $90/b by the beginning of the second quarter of 2023 (2Q23). The Brent crude oil spot price will average $92/b for all of 2023.
2022, December, 5, 12:00:00
OIL PRICE: BRENT NEAR $86, WTI BELOW $81
Brent were last up 49 cents, or 0.6%, to $86.06 a barrel , WTI gained 51 cents, or 0.6%, to $80.49 a barrel.
2022, December, 5, 11:55:00
OPEC + RUSSIA STABILIZE THE MARKET
the Participating Countries reiterated their readiness to meet at any time and take immediate additional measures to address market developments and support the balance of the oil market and its stability if necessary.
2022, December, 5, 11:50:00
RUSSIAN OIL SANCTIONS ANEW
The Group of Seven clinched a last-minute deal to cap the price of Russian crude at $60 per barrel.
2022, December, 5, 11:15:00
WORLDWIDE RIG COUNT DOWN 3 TO 1,890
The Worldwide Rig Count for November was 1,890, down 3 from the 1,893 counted in October 2022,and up 346 from the 1,544 counted in November 2021.
2022, December, 5, 11:10:00
U.S. RIGS UNCHANGED
U.S. Rig Count is unchanged from last week at 784, Canada Rig Count is up 1 from last week to 195.
2022, December, 2, 10:00:00
OIL PRICE: BRENT NEAR $87, WTI BELOW $82
Brent crude futures were up 20 cents or 0.23% at $87.08 per barrel, WTI gained 6 cents or 0.07% to $81.28 per barrel.
2022, December, 2, 09:55:00
RUSSIAN OIL PRICE LIMIT
In June the EU announced that, come December 5th, it would ban imports of Russian seaborne crude oil, which accounted for 2m barrels per day (b/d), or about 40% of Russia’s total crude exports, a year ago.
