Prices
2021, February, 24, 10:50:00
GLOBAL OIL DEMAND WILL UP TO 100 MBD
Oil demand to reach 102.6 million b/d by the fourth quarter of this year, the highest since Q4 2019 when it averaged 103.9 million b/d.
2021, February, 24, 10:45:00
INDIA'S INDEXES UP
The NSE Nifty 50 index was up 0.77% at 14,820.45 by 0450 GMT, while the S&P BSE Sensex gained 0.63% to 50,061.21.
2021, February, 24, 10:20:00
U.S. RIGS UNCHANGED
U.S. Rig Count is unchanged from last week at 397, Canada Rig Count is down 4 from last week to 172
2021, February, 19, 13:25:00
OIL PRICE: NEAR $63
Brent dropped 87 cents, or 1.4%, to $63.06 a barrel. WTI fell 82 cents, or 1.4%, to $59.70 a barrel.
2021, February, 19, 13:00:00
OPEC+ OIL WILL UP
Global liquids supplies are expected to climb by 3.2 million b/d on average in 2021,
2021, February, 19, 12:45:00
U.S. OIL INVENTORIES DOWN 7.3 MB TO 461.8 MB
U.S. commercial crude oil inventories decreased by 7.3 million barrels to 461.8 million barrels.
2021, February, 18, 12:55:00
OIL PRICE: NEAR $65
Brent was up 56 cents, or 0.9%, at $64.90 a barrel. WTI gained 46 cents, or 0.8%, to $61.60 a barrel.
2021, February, 18, 12:50:00
RUSSIA'S OIL PRODUCTION 9.1 MBD
Moscow-based analysts welcomed the latest OPEC+ decision, which allowed Russia to increase output by 65,000 b/d in February, and a further 65,000 b/d in March. Russia's crude output was 9.10 million b/d in December.
2021, February, 17, 16:05:00
OIL PRICE: ABOVE $63 YET
Brent gained 38 cents, or 0.6%, to $63.73 a barrel. WTI rose 21 cents, or 0.4%, to $60.26 a barrel.
2021, February, 16, 12:20:24
OIL PRICE: ABOVE $63 AGAIN
Brent was up 35 cents, or 0.6%, at $63.65 a barrel. WTI was up 35 cents, or 0.6%, at $63.65 a barrel.
2021, February, 16, 12:15:00
EUROPEAN INDEXES UP ANEW
The pan-European STOXX 600 was up 0.2% by 0802 GMT, after jumping 1.3% in the previous session to its highest level since February 2020.
2021, February, 16, 12:10:00
JAPAN INDEXES UP
The Nikkei 225 Index ended up 1.28% at 30,467.75, closing at its highest since August 1990.
2021, February, 16, 12:05:00
LNG DEMAND UP
Growing liquified natural gas (LNG) demand will reduce market oversupply in 1H21, with volumes of gas in European storage facilities already normalised due to the cold winter in the northern hemisphere,
2021, February, 16, 12:00:00
IRAN'S OIL & SANCTIONS
Iran, which sits on the world’s fourth-largest oil reserves, relies heavily on oil revenue, but sanctions have prevented it from pumping at anywhere near capacity since 2018.
2021, February, 15, 14:00:00
OIL PRICE: ABOVE $63
Brent was up $1.02, or 1.6%, at $63.45 a barrel . WTI gained $1.28, or 2.2%, to $60.75 a barrel.
