Prices
2022, March, 25, 11:25:00
OPEC WARNS EUROPE
OPEC has told the EU that global energy markets would be destabilized if European countries follow through with a threat to ban imports of Russian oil,
2022, March, 25, 11:20:00
OPEC+ IS IMPORTANT
In a circular carried by state-run Saudi Press Agency, the cabinet stressed "the importance of the essential role of the OPEC+ agreement in the balance and stability of oil markets."
2022, March, 25, 10:45:00
U.S. OIL INVENTORIES DOWN BY 2.5 MB TO 413.4 MB
U.S. commercial crude oil inventories decreased by 2.5 million barrels from the previous week to 413.4 million barrels.
2022, March, 24, 13:55:00
OIL PRICE: BRENT NOT ABOVE $122, WTI NOT ABOVE $115
Brent were down 15 cents, or 0.12%, at $121.45 a barrel, WTI fell 75 cents, or 0.65%, to $114.18 a barrel.
2022, March, 24, 13:50:00
OPEC OIL PRICE: $116.94
The price of OPEC basket of thirteen crudes stood at $116.94 a barrel on Wednesday,
2022, March, 23, 12:15:00
OIL PRICE: BRENT ABOVE $116, WTI ABOVE $110
Brent were up 95 cents, or 0.82%, to $116.43 a barrel, WTI rose 73 cents, or 0.67%, to $110 a barrel.
2022, March, 23, 12:05:00
RUSSIAN URALS DISCOUNT $31
Russian Urals cargoes basis CIF Rotterdam were assessed at a new record low of Dated Brent minus $30.99/b and for CIF Augusta at Dated Brent minus $30.69/b March 23.
2022, March, 22, 12:55:00
OIL PRICE: BRENT ABOVE $113, WTI ABOVE $109
Brent fell $1.92, or 1.7%, to $113.70 a barrel, WTI slipped $2.82, or 2.5%, to $109.3.
2022, March, 22, 12:45:00
RUSSIA BYPASSES SANCTIONS
"If oil is sold at a discount, then [consumers] will be happy to buy it. We will earn less, but we will be able to place oil," Novak said.
2022, March, 22, 12:40:00
RUSSIAN OIL FOR EUROPE
Germany and Hungary are putting the brakes on a potential EU embargo on Russian oil,
2022, March, 22, 12:35:00
EUROPEAN GAS DOWN
Russia accounts for about 40% of the European Union’s gas demand, and about a third of those shipments transit Ukraine.
2022, March, 21, 12:25:00
OIL PRICE: BRENT ABOVE $111, WTI ABOVE $108
Brent climbed $3.74, or 3.5%, to $111.67 a barrel, WTI rose $3.98, or 3.8%, to $108.68.
2022, March, 21, 12:20:00
OPEC OIL PRICE: $104.96
The price of OPEC basket of thirteen crudes stood at $104.96 a barrel on Thursday, compared with $104.06 the previous day, according to OPEC Secretariat calculations
2022, March, 21, 11:45:00
U.S. RIGS UP 0 TO 663
U.S. Rig Count is unchanged from last week at 663, Canada Rig Count is down 30 from last week to 176.
2022, March, 18, 11:50:00
OIL PRICE: NEAR $108
Brent rose 82 cents, or 0.8%, to $107.46 a barrel, WTI climbed $1.14, or 1.1%, to $104.12 a barrel.