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December 2016

December 2016
2016, December, 12, 18:55:00
OIL PRICES: ABOVE $56
Brent crude, the global oil benchmark, rose 4.27% to $56.67 a barrel on London’s ICE Futures exchange. On the New York Mercantile Exchange, West Texas Intermediate futures were trading up 4.80% at $53.95 a barrel.
December 2016
2016, December, 12, 18:50:00
ОГРАНИЧЕНИЕ ДОБЫЧИ НЕФТИ
Состоялось подписание соглашения об ограничении добычи нефти между странами ОПЕК и 11 странами, не входящими в картель. Сопредседатель встречи, Министр энергетики Российской Федерации Александр Новак, выступая на итоговой пресс-конференции заявил, что общемировое сокращение добычи нефти странами ОПЕК и не входящими в картель достигнет 1,7-1,8 млн баррелей в сутки. При этом, согласно подписанному соглашению, страны, не входящие в ОПЕК берут ответственность по сокращению добычи нефти порядка 560 тыс. барр в сутки.
December 2016
2016, December, 12, 18:45:00
SAUDI - RUSSIAN ALLIANCE
The first global crude supply pact in 15 years has underlined the growing energy alliance between Saudi Arabia and Russia, as the depth of the two-year oil slump forces co-operation between once unlikely partners.
December 2016
2016, December, 12, 18:40:00
ROSNEFT SUCCESSFUL DEAL
Rosneft Board of Directors has approved a strategic cooperation agreement with Qatar Investment Authority and Glencore, providing for further cooperation in upstream projects, logistics and global trading.
December 2016
2016, December, 12, 18:35:00
ENI - ROSNEFT DEAL
Eni has agreed a $1.125bn deal to sell a 30 per cent stake in its giant Egyptian gas field Zohr to Rosneft, as the Italian company continues efforts to monetise the recently-discovered field.
December 2016
2016, December, 12, 18:30:00
U.S. RIGS UP 27
U.S. Rig Count is down 85 rigs from last year's count of 709, with oil rigs down 26, gas rigs down 60, and miscellaneous rigs up 1. Canadian Rig Count is up 56 rigs from last year's count of 174, with oil rigs up 44, gas rigs up 11, and miscellaneous rigs up 1.
December 2016
2016, December, 9, 18:50:00
OIL PRICES: ABOVE $54 ANEW
Brent crude for February delivery LCOc1 was up 12 cents at $54.01 a barrel by 0752 GMT, after rising 1.7 percent on Thursday. The contract hit its highest since July 2015 at $55.33 on Monday. U.S. crude for January delivery CLc1 was up 32 cents at $51.16 a barrel. Both contracts have lost nearly 1 percent so far this week.
December 2016
2016, December, 9, 18:45:00
RUSSIA SANCTIONS FOREVER
The U.S. government is to check if sanctions where violated when Russia this week struck a deal to sell a stake in oil producer Rosneft to a consortium of Qatar's sovereign fund and commodities trader Glencore, the White House said.
December 2016
2016, December, 9, 18:40:00
OPEC OIL RECORD: 33.86 MBD
OPEC crude oil production for November rose for the sixth straight month, to a record 33.86 million b/d.
December 2016
2016, December, 9, 18:35:00
IRAQ'S OIL RECORD: 4.051 MBD
Iraq’s Ministry of Oil has said that total oil exports for November have reached a record high of 4.051 million bpd.