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- PTT Group’s Oil Situation Analyst Team (PRISM Expert) and Petroleum Refining Industry Club, the Federation of Thai Industries (FTI) have expected average Dubai crude oil prices in 2022 to be between USD67 and USD75 per barrel, increasing from 2021, due to economic recovery in several countries around the world driving up oil consumption.
www.energynewscenter.com/prism-forecasts-dubai-crude-oil-prices-in-2022-to-range-between-usd67-usd75-barrel/
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Aug 27, 2024 · You'll find the closing price, open, high, low, change and %change of the Dubai Crude Oil (Platts) Financial Futures for the selected range of dates.
- World oil demand is set to contract by 110 kb/d y-o-y in 4Q22, reaching 100.8 mb/d, up by 130 kb/d compared with last month’s Report. Strong gasoil use in key consuming countries outweighs weak European and Asian petrochemical deliveries.
- World oil supply fell 190 kb/d in November to 101.7 mb/d, breaking a five-month uptrend, after Saudi Arabia and other Gulf countries curbed supply in line with lower OPEC+ output targets.
- Global refinery throughputs surged 2.2 mb/d in November to the highest since January 2020, resulting in sharply lower diesel and gasoline cracks and refinery margins.
- Russian oil exports increased by 270 kb/d to 8.1 mb/d, the highest since April as diesel exports rose by 300 kb/d to 1.1 mb/d. Crude oil loadings were largely unchanged m-o-m, even as shipments to the EU fell by 430 kb/d to 1.1 mb/d.
Mar 9, 2022 · Otaiba’s comments sent oil prices dropping like a rock Wednesday. US oil fell 12% to less than $109 a barrel. Brent crude, the global benchmark, fell 13% to $111 a barrel.
Jan 24, 2022 · Nine of 10 economists who answered an additional question said a decline in oil prices and new coronavirus variants were the biggest threats to GCC economic growth this year.
Nov 25, 2021 · PTT Group’s Oil Situation Analyst Team (PRISM Expert) and Petroleum Refining Industry Club, the Federation of Thai Industries (FTI) have expected average Dubai crude oil prices in 2022 to be between USD67 and USD75 per barrel, increasing from 2021, due to economic recovery in several countries around the world driving up oil consumption.
Jul 6, 2022 · We expect international oil prices to stay high, averaging more than US$100/barrel in 2022‑23, and oil production and exports are expected to increase sharply in 2022‑23 as OPEC+ quota restrictions are lifted and the UAE continues to invest heavily in increasing capacity.
Jan 19, 2022 · Upward revisions to our demand estimates and a slightly lower outlook for world oil supply have tightened our balances for 2022, although they still show a 1Q22 surplus. Robust demand, unscheduled supply outages and strong stock draws in December pushed benchmark oil prices to seven-year highs.
