Prices
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.
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.
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.
2022, March, 30, 10:50:00
OPEC+ RUSSIA SUPPLY THE MARKET
Russian deputy prime minister Alexander Novak said March 23 that it was too early to talk about an adjustment to Russia's quota under the agreement, as Russia continues to supply the market.
2022, March, 30, 10:40:00
HALF OF EUROPEAN LNG
In the global market, 70% of LNG is exported under long-term contracts. Therefore, the remaining 30% is sold to the country with the highest bid in the spot market.
2022, March, 29, 13:45:00
OIL PRICE: BRENT BELOW $114, WTI BELOW $107
Brent rose $1.41, or 1.3%, to $113.89 a barrel, WTI was up 95 cents, or 0.9%, at $106.91.
2022, March, 29, 13:40:00
OPEC OIL PRICE: $113.39
The price of OPEC basket of thirteen crudes stood at $113.39 a barrel on Monday
2022, March, 29, 13:35:00
COAL PRICES UP
Since late February, thermal coal prices have surged globally as traders and end-users seek out potential replacements for Russian fossil fuels.
2022, March, 28, 12:05:00
OIL PRICE: BRENT BELOW $117, WTI BELOW $109
Brent slid as low as $115.32 a barrel, WTI hit a low of $108.28 a barrel.
2022, March, 28, 12:00:00
OPEC OIL PRICE: $118.72
he price of OPEC basket of thirteen crudes stood at $118.72 a barrel on Thursday
2022, March, 28, 11:55:00
RUSSIAN GAS FOR EUROPE STILL
Russian gas deliveries to Europe on three main pipeline routes were stable on Monday morning, with the Yamal-Europe pipeline continuing to flow eastwards from Germany into Poland.
2022, March, 28, 11:50:00
RUSSIAN ASSETS WITHOUT RISKS
"Currently the company's operations and business in Russia are largely running smooth and there are no signs of asset impairment," Sinopec's President Yu Baocai told investors and reporters during a call following its 2021 earnings release.
2022, March, 28, 11:45:00
U.S., EUROPE LNG GOALS
Following a meeting with European Commission President Ursula von der Leyen in Brussels, President Joe Biden announced a new task force between the US and EU with a "joint game plan" to quickly reduce Europe's dependence on Russian gas
2022, March, 28, 11:25:00
U.S. RIGS UP 7 TO 670
U.S. Rig Count is up 7 from last week to 670, Canada Rig Count is down 36 from last week to 140.
2022, March, 25, 11:30:00
OIL PRICE: BRENT BELOW $118, WTI BELOW $111
Brent fell 46 cents, or 0.4%, to $118.57 a barrel, WTI ell 47 cents, or 0.4%, to $111.87 a barrel.