diff --git a/Cargo.lock b/Cargo.lock
index 37a4e13e20..031a0614f0 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -624,7 +624,7 @@ dependencies = [
 
 [[package]]
 name = "deno"
-version = "1.16.1"
+version = "1.16.2"
 dependencies = [
  "atty",
  "base64 0.13.0",
diff --git a/Releases.md b/Releases.md
index ac8cda18af..ee722d7afa 100644
--- a/Releases.md
+++ b/Releases.md
@@ -6,6 +6,15 @@ https://github.com/denoland/deno/releases
 We also have one-line install commands at:
 https://github.com/denoland/deno_install
 
+### 1.16.2 / 2021.11.17
+
+- feat(unstable/test): include test step pass/fail/ignore counts in final report
+  (#12432)
+- fix(cli): short-circuit in prepare_module_load() (#12604)
+- fix(lsp): retain module dependencies when parse is invalid (#12782)
+- fix(test): support typechecking docs with CRLF line endings (#12748)
+- fix(transpile): do not panic on `swc_ecma_utils::HANDLER` diagnostics (#12773)
+
 ### 1.16.1 / 2021.11.11
 
 - feat(core): streams (#12596)
diff --git a/cli/Cargo.toml b/cli/Cargo.toml
index 8b6cf9b810..ed3bf9a08c 100644
--- a/cli/Cargo.toml
+++ b/cli/Cargo.toml
@@ -2,7 +2,7 @@
 
 [package]
 name = "deno"
-version = "1.16.1"
+version = "1.16.2"
 authors = ["the Deno authors"]
 default-run = "deno"
 edition = "2021"
diff --git a/cli/compat/esm_resolver.rs b/cli/compat/esm_resolver.rs
index 1b132e10ed..980e44b32b 100644
--- a/cli/compat/esm_resolver.rs
+++ b/cli/compat/esm_resolver.rs
@@ -1197,7 +1197,7 @@ mod tests {
     let cwd = testdir("basic");
     let main = Url::from_file_path(cwd.join("main.js")).unwrap();
     let expected =
-      Url::parse("https://deno.land/std@0.114.0/node/http.ts").unwrap();
+      Url::parse("https://deno.land/std@0.115.0/node/http.ts").unwrap();
 
     let actual = node_resolve("http", main.as_str(), &cwd).unwrap();
     println!("actual {}", actual);
diff --git a/cli/compat/mod.rs b/cli/compat/mod.rs
index be2cd1f457..01d84d65a5 100644
--- a/cli/compat/mod.rs
+++ b/cli/compat/mod.rs
@@ -15,7 +15,7 @@ pub(crate) use esm_resolver::NodeEsmResolver;
 // each release, a better mechanism is preferable, but it's a quick and dirty
 // solution to avoid printing `X-Deno-Warning` headers when the compat layer is
 // downloaded
-static STD_URL_STR: &str = "https://deno.land/std@0.114.0/";
+static STD_URL_STR: &str = "https://deno.land/std@0.115.0/";
 
 static SUPPORTED_MODULES: &[&str] = &[
   "assert",
diff --git a/cli/tests/testdata/compat/import_map.json b/cli/tests/testdata/compat/import_map.json
index cd0fb91439..881c06e16f 100644
--- a/cli/tests/testdata/compat/import_map.json
+++ b/cli/tests/testdata/compat/import_map.json
@@ -1,5 +1,5 @@
 {
   "imports": {
-    "std/": "https://deno.land/std@0.114.0/"
+    "std/": "https://deno.land/std@0.115.0/"
   }
 }
diff --git a/cli/tests/testdata/compat/import_map_https_imports.mjs b/cli/tests/testdata/compat/import_map_https_imports.mjs
index dd39f1bc54..0936c2214b 100644
--- a/cli/tests/testdata/compat/import_map_https_imports.mjs
+++ b/cli/tests/testdata/compat/import_map_https_imports.mjs
@@ -1,5 +1,5 @@
 import { sortBy } from "std/collections/sort_by.ts";
-import { findSingle } from "https://deno.land/std@0.114.0/collections/find_single.ts";
+import { findSingle } from "https://deno.land/std@0.115.0/collections/find_single.ts";
 import os from "node:os";
 
 console.log(sortBy([2, 3, 1], (it) => it));
diff --git a/tools/cut_a_release.md b/tools/cut_a_release.md
index ad69140067..2940d762b6 100644
--- a/tools/cut_a_release.md
+++ b/tools/cut_a_release.md
@@ -67,7 +67,8 @@ cut.**
 
 10. Use the output of the above command to update `Releases.md`
 
-11. Update link in `cli/compat/mod.rs` with the released version of `deno_std`.
+11. Update link in `cli/compat/mod.rs` with the released version of `deno_std`
+    and do a search through the tests to find std urls that need to be updated.
 
 12. Create a PR for these changes.