Prices
2022, October, 18, 15:25:00
EUROPEAN GAS PRICES DOWN MORE
Benchmark futures dropped as much as 10.1% to 115 euros per megawatt-hour, the lowest intraday level since mid-June.
2022, October, 17, 12:45:00
OIL PRICE: BRENT NEAR $92, WTI BELOW $86
Brent rose 81 cents, or 0.88%, to $92.44 a barrel, WTI was at $86.33 a barrel.
2022, October, 17, 12:35:00
EUROPEAN GAS PRICES DOWN AGAIN
The EU has already asked members to voluntarily reduce gas demand by 15%, and Energy Commissioner Kadri Simson has said a plan is under consideration to make the cut mandatory.
2022, October, 17, 12:15:00
U.S. RIGS DOWN 7 TO 769
U.S. Rig Count is up 7 from last week to 769, Canada Rig Count is up 1 from last week to 216.
2022, October, 17, 12:10:00
U.S. OIL INVENTORIES UP BY 9.9 MB TO 439.1 MB
U.S. commercial crude oil inventories increased by 9.9 million barrels to 439.1 million barrels.
2022, October, 13, 13:20:00
OIL PRICE: BRENT BELOW $93, WTI BELOW $88
Brent rose 49 cents, or 0.5%, to $92.94 a barrel , WTI was up 37 cents, or 0.4%, at $87.64 a barrel.
2022, October, 13, 12:55:00
GLOBAL OIL DEMAND +2.6 MBD
Global oil demand for 2022 is now expected to grow by about 2.6 mb/d.
2022, October, 13, 12:50:00
OIL PRICES 2022-23: $93 - $95
The Brent crude oil spot price averages $93 per barrel (b) in the fourth quarter of 2022 (4Q22) and $95/b in 2023.
2022, October, 13, 12:45:00
EUROPEAN GAS PRICES UPDOWN
Traders are on edge with Russian President Vladimir Putin saying any energy infrastructure in the world is at risk after the Nord Stream explosions, which he said benefited the US, Ukraine and Poland.
2022, October, 12, 12:30:00
OIL PRICE: BRENT BELOW $95, WTI BELOW $90
Brent were down 2 cents, or 0.02%, to $94.27 a barrel, WTI was at $89.14 a barrel, down 21 cents, or 0.24%.
2022, October, 12, 12:10:00
RUSSIAN OIL LEAKAGE
European authorities are on high alert for any signs of sabotage on energy infrastructure since the destruction of the Nord Stream gas pipelines last month.
2022, October, 12, 12:05:00
EUROPEAN GAS PRICES LIMITATION
EU energy ministers gathering in Prague on Wednesday will consider that model, which has already been adopted by Spain and Portugal, allowing consumers to avoid the worst of the price surges.
2022, October, 11, 17:45:00
OIL PRICE: BRENT ABOVE $94, WTI ABOVE $89
Brent was down $1.63, or 1.7%, to $94.56 a barrel, WTI dropped $1.82, or 2%, to $89.31.
2022, October, 11, 17:30:00
OPEC+ STABILIZE MARKETS
The OPEC+ alliance, co-chaired by Russia and Saudi Arabia, last week agreed to cut its production by 2 million barrels a day, the biggest reduction since 2020.
2022, October, 10, 12:55:00
OIL PRICE: BRENT NEAR $97, WTI NEAR $92
Brent was down 77 cents, or 0.8%, at $97.15 a barrel, WTI was at $92 a barrel, down 64 cents, or 0.7%.
