Page 41 - Dated Brent News Today

Investegate announcements from Hurricane Energy PLC, Operational and Financial Update

Hurricane Energy, the UK based oil and gas company, has provided an update on Lancaster field operations and net free cash balances as of 31 January 2022. As of 14 February 2022, Lancaster was producing c.9,500 bopd from the P6 well alone with an associated water cut of c.41%.

WTI $92.07 -$3.39, Brent $93.26 -$3.20, Diff -$1.21 +19c, NG $4.31 +11c, UKNG 156.93p -29.07p Oil price The oil price fell three bucks on the news yesterday...

S&P Global Platts on Feb. 14 proposed including US WTI Midland crude oil in its Dated Brent benchmark, the latest in a series of revisions intended to ensure the benchmark — used in oil trading worldwide — continues to reflect the market despite declining production of traditional North Sea crude. In a subscriber note, Platts ...

Oil rallied as U.S. and NATO officials reiterated they’ve yet to see evidence of a Russian pullback and a government report showed U.S. fuel demand rising....

Falling stockpiles have been a major driver of recent gains, and the industry-funded API will issue estimates for changes in US holdings

Oil retreated from the highest since 2014 after Russia said some troops are starting to return to their permanent bases after completing drills.

Eyes remain glued on developments in the Russia-Ukraine situation, and how tensions are affecting energy and commodity markets. Prospects for fossil fuels amid nuclear outages in France and Japan are also in focus. 1. Market shuns Russian barrels, while piling into Dated Brent What’s happening? Dated Brent, which reflects North Sea cargoes loading up to ...

Crude has swung wildly this week amid a flurry of reports about the tensions over Ukraine.

Oil retreated from the highest since 2014 after Russia said some troops are starting to return to their permanent bases after completing drills.