Prices
2022, February, 17, 14:15:00
OIL PRICE: BELOW $93
Brent was down $1.26, or 1.3%, at $93.55 a barrel, WTI was down $1.34, or 1.4%, at $92.32.
2022, February, 17, 13:50:00
U.S. OIL PRODUCTION WILL RISE
U.S. crude oil production will increase to 12.0 million b/d in 2022, up 760,000 b/d from 2021.
2022, February, 16, 11:55:00
OIL PRICE: NEAR $94 ANEW
Brent traded at $93.90 a barrel, WTI was at $92.71 a barrel.
2022, February, 16, 11:45:00
RUSSIAN URALS NEEDED
Urals CIF Rotterdam was assessed at Dated Brent minus $3.645/b on Feb. 15, recovering somewhat from near term lows but still around the lowest level since the pandemic-led demand collapse of summer 2020
2022, February, 15, 14:30:00
OIL PRICE: NEAR $94
Brent fell $2.65, or 2.8%, to $93.83 a barrel, WTI dropped $2.82, or 3%, to $92.64 a barrel.
2022, February, 14, 12:10:00
OIL PRICE: ABOVE $94
Brent was down 12 cents, or 0.1%, at $94.32 a barrel, WTI rose 1 cent, or less than 0.1%, to $93.11 a barrel.
2022, February, 14, 12:00:00
RUSSIAN OIL FOR CHINA UP
Russia returned as the top supplier to China's independent refineries in January -- overtaking Malaysia -- with arrivals amounting to 2.77 million mt, up 45.7% from the previous month.
2022, February, 14, 11:55:00
OIL, GAS INVESTMENT $55 BLN
During 2021, twenty five of the region's leading banks collectively provided $55 billion to energy companies planning to expand oil and gas production,
2022, February, 14, 11:35:00
U.S. RIGS UP 22 TO 635
U.S. Rig Count is up 22 from last week to 635, Canada Rig Count is up 1 from last week to 219.
2022, February, 11, 11:45:00
OIL PRICE: ABOVE $91 ANEW
Brent fell 58 cents, or 0.6%, to $90.83 a barrel, WTI declined 45 cents, or 0.5%, to $89.43 a barrel.
2022, February, 11, 11:40:00
GLOBAL OIL DEMAND 2022: +4.2 MBD
In 2022, oil demand growth is expected at 4.2 mb/d unchanged from last month, with OECD and non-OECD projected to grow by 1.8 mb/d and 2.3 mb/d, respectively.
2022, February, 10, 15:20:00
OIL PRICE: NEAR $92 ANEW
Brent rose 34 cents, or 0.4%, to $91.89 a barrel, WTI was at $90.17 a barrel, up 51 cents, or 0.6%.
2022, February, 10, 15:15:00
GERMANY'S GAS STORAGE DROPS
Stocks were now at 35%-36%, under the "critical level" of 40%, which the German government deems is necessary to withstand seven straight days of an extreme cold snap.
2022, February, 10, 14:50:00
U.S. OIL INVENTORIES DOWN BY 4.8 MB TO 410.4 MB
U.S. commercial crude oil inventories decreased by 4.8 million barrels from the previous week to 410.4 million barrels.
2022, February, 9, 12:30:00
OIL PRICE: NEAR $91 YET
Brent down 8 cents, or 0.1%, to $90.70 a barrel, WTI was at $89.18 a barrel, down 18 cents, or 0.2%.
