Prices
2022, May, 27, 12:00:00
U.S. OIL INVENTORIES DOWN BY 1.0 MB TO 419.8 MB
U.S. commercial crude oil inventories decreased by 1.0 million barrels to 419.8 million barrels.
2022, May, 26, 12:40:00
OIL PRICE: BRENT ABOVE $114, WTI NEAR $111
Brent gained 47 cents, or 0.41%, to $114.50 a barrel , WTI climbed 53 cents, or 0.48%, to $110.86 a barrel.
2022, May, 25, 11:45:00
OIL PRICE: BRENT ABOVE $114, WTI ABOVE $112
Brent rose 44 cents, or 0.4%, to $114.00 a barrel, WTI rose 51 cents, or 0.5%, to $110.28 a barrel.
2022, May, 25, 11:40:00
OPEC OIL PRICE: $114.96
The price of OPEC basket of thirteen crudes stood at $114.96 a barrel on Tuesday
2022, May, 25, 11:35:00
STRENGTHENING THE RUSSIAN FINANCIAL SYSTEM
The Russian economy ministry forecasts an average Urals price of $80.10/b in 2022.
2022, May, 25, 11:30:00
INDIA REDUCES OIL PRICES
India's federal government decided to cut the excise duty on petrol and diesel in an attempt to rein in high levels of inflation.
2022, May, 25, 11:25:00
U.S. SELLS OIL 40 MB
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) announced an additional Notice of Sale of up to 40.1 million barrels of crude oil from the Strategic Petroleum Reserve (SPR).
2022, May, 23, 13:25:00
OIL PRICE: BRENT NEAR $114, WTI NEAR $112
Brent rose $1.12 or 1% to $113.67 a barrel, WTI climbed 96 cents, or 0.9%, to $111.24 a barrel.
2022, May, 23, 13:20:00
OPEC OIL PRICE: $114.79
The price of OPEC basket of thirteen crudes stood at $114.79 a barrel on Friday,
2022, May, 23, 13:15:00
RUSSIAN OIL DISCOUNTS
The discounted Russian Urals had helped to boost refining margins and operation rates for independent refineries.
2022, May, 23, 13:05:00
GERMANY, QATAR LNG DEVELOPMENT
The new pact, inked during a Qatari state visit to Germany, comes as Berlin looks to fast-track a number of new LNG import terminals to reduce its dependence on Russian gas imports.
2022, May, 23, 12:50:00
U.S. RIGS UP 14 TO 728
U.S. Rig Count is up 14 from last week to 728, Canada Rig Count is unchanged from last week at 88.
2022, May, 20, 12:20:00
OIL PRICE: BRENT NEAR $112, WTI NEAR $112
Brent fell 59 cents, or 0.53%, to $111.45 a barrel , WTI fell 56 cents, or 0.5%, to $111.65 .
2022, May, 20, 12:15:00
OPEC OIL PRICE: $112.04
The price of OPEC basket of thirteen crudes stood at $112.04 a barrel on Thursday
2022, May, 20, 12:05:00
RUSSIAN OIL FOR CHINA UP
China's seaborne Russian oil imports will jump to a near-record 1.1 million barrels per day (bpd) in May, up from 750,000 bpd in the first quarter and 800,000 bpd in 2021,
