Page 1 - NorthAmOil Annual Review 2021
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Issue 685              06•January•2022                     Week 01






                    ™      Price concerns


                            Some of the US’ leading shale producers have expressed concern over the
                            possibility of crude prices rising above $100 per barrel.


                    ™      Deep freeze


                            A deep freeze in Canada is disrupting oil and gas operations and leading to
                            increased commodity prices.

                    ™      SPR release


                            The US Department of Energy has approved a third exchange of crude from
                            the country’s Strategic Petroleum Reserve for release to ExxonMobil.

                    ™      Supply deal


                            The US’ Venture Global LNG announced in late December that it had struck
                            a deal to supply LNG to a subsidiary of China National Offshore Oil Corp.
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