Prices
2021, December, 2, 12:35:00
OIL PRICE: NEAR $70
Brent rose $1.24, or 1.8%, to $70.11 a barrel, WTI gained $1.13, or 1.7%, to $66.70 a barrel.
2021, December, 2, 12:30:00
OPEC REMAIN PRUDENT
In these uncertain times, it is imperative that we – together with the non-OPEC countries in the DoC – remain prudent in our approach and prepared to be proactive as market conditions warrant.
2021, December, 2, 12:10:00
RUSSIA'S OIL PRODUCTION UP
Daily average output was up on 10.85 mil b/d in October. Total production volumes in October were 45.91 mil mt.Output was up 8.6% on the 41.03 mil mt, or 10.03 mil b/d in November 2020.
2021, December, 1, 16:15:00
OIL PRICE: NOT BELOW $72
Brent rose $3.25, or 4.7%, to $72.48 a barrel, WTI rose $3.01, or 4.6%, to $69.19 a barrel.
2021, November, 30, 13:30:00
OIL PRICE: ABOVE $71
Brent fell $2.32, or 3.2%, to $71.12 a barrel, WTI fell $2.15, or 3.1%, to $67.80 a barrel.
2021, November, 30, 13:25:00
OPEC+: NO HASTY DECISIONS
"We need to monitor how the situation develops, we must carefully monitor the market. There is no need to make hasty decisions," Novak said.
2021, November, 30, 12:45:00
GAZPROM'S PROFIT RUB 1.6 TLN
Gain attributable to the owners of PJSC Gazprom amounted to RUB 1,550,299 million for the nine months ended September 30, 2021.
2021, November, 30, 12:40:00
TEXAS ENERGY PRICES UPDOWN
Natural gas prices also had an impact on November's power prices. At the Houston Ship Channel, spot gas this November has averaged $4.788/MMBtu, down from October's $5.29/MMBtu but up from November 2020's $2.597/MMBtu.
2021, November, 29, 12:00:00
OIL PRICE: NEAR $76
Brent climbed $3.17, or 4.4%, to $75.89 a barrel, WTI was up $3.35, or 4.9%, at $71.50 a barrel.
2021, November, 29, 11:55:00
OPEC+ WARINESS
OPEC+ ministers, led by Saudi Arabia and Russia, are meeting after Dated Brent nosedived 11% on Nov. 26, sending shock waves into the energy market as news of the Omicron variant outbreak led to bans on flights from South Africa.
2021, November, 29, 11:50:00
IRAN OIL WILL UP TO 5 MBD
NIOC has planned that, God willing, if the assumptions and requirements of these plans are provided, in the next 10 years, daily gas production will reach 1.5 billion cubic meters and crude oil production capacity will reach 5 million barrels.
2021, November, 29, 11:40:00
VIETNAM'S ENERGY IMBALANCE
The rapid reduction of emissions necessary to cope with climate change will have a huge impact on Vietnam’s energy industry, and is possibly closely linked to short-term policies to develop new and renewable energy sources,
2021, November, 26, 12:15:00
OIL PRICE: NEAR $79
Brent fell $4.07, or 4.9%, to $78.15 a barrel, WTI was down $4.83, or 6.1%, at $73.56 a barrel.
2021, November, 26, 11:40:00
U.S. OIL INVENTORIES UP BY 1.0 MB TO 434.0 MB
U.S. commercial crude oil inventories increased by 1.0 million barrels from the previous week to 434.0 million barrels.
2021, November, 25, 16:00:00
OIL PRICE: NOT BELOW $82
Brent gained 7 cents to $82.32 a barrel, WTI fell 12 cents, or 0.2%, to $78.27 a barrel.