Prices
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%.
2022, October, 10, 12:50:00
EUROPEAN GAS PRICES DOWN ANEW
Benchmark Dutch front-month futures dropped as much as 7.8% to 144 euros per megawatt-hour, the lowest intraday since July 1.
2022, October, 10, 12:45:00
EUROPEAN GAS PRICES LIMITS
Europe's gas price benchmark, the TTF month-ahead contract, traded Oct. 7 below Eur160/MWh, more than 50% lower than peaks seen in late August.
2022, October, 10, 12:35:00
IRAQ OIL EXPORTS 3.3 MBD
Iraq's Ministry of Oil has announced preliminary oil exports for September of 98,765,153 barrels, giving an average for the month of 3.292 million barrels per day (bpd), slightly up from the 3.286 million bpd exported in August.
2022, October, 10, 12:20:00
WORLDWIDE RIG COUNT UP 28 TO 1,853
The Worldwide Rig Count for September was 1,853, up 28 from the 1,825 counted in August 2022,and up 405 from the 1,448 counted in September 2021.