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2017

2017
2017, June, 8, 17:35:00
OIL PRODUCTION DOWN
The Organization of the Petroleum Exporting Countries (OPEC) met on May 25, 2017, and announced an extension to production cuts that were originally set to end this month. The agreed-upon OPEC crude oil production target remains at 32.5 million barrels per day (b/d) through the end of the first quarter of 2018. EIA now forecasts OPEC members’ crude oil production to average 32.3 million b/d in 2017 and 32.8 million b/d in 2018, about 0.2 million b/d and 0.4 million b/d, respectively, lower than previously forecast. However, continuing production growth in many non-OPEC countries is expected to moderate the pace of global liquid fuels inventory draws in 2017 and lead to a small inventory build in 2018.
2017
2017, June, 8, 17:30:00
WORLDWIDE RIG COUNT UP 18 TO 1,935
The worldwide rig count for May 2017 was 1,935, up 18 from the 1,917 counted in April 2017, and up 530 from the 1,405 counted in May 2016.
2017
2017, June, 7, 18:20:00
OIL PRICE: ABOVE $49 ANEW
Brent crude prices LCOc1 were at $49.70 per barrel at 1351 GMT, down 42 cents. Brent is about 8 percent below its open on May 25, when OPEC and other producers agreed to extend oil output cuts through to the first quarter of 2018. U.S. light crude prices CLc1 were at $47.69 per barrel, down 50 cents.
2017
2017, June, 7, 18:15:00
РОССИЯ - ИРАН: $20 МЛРД.
Россия обладает технологиями, которые мы готовы предлагать за рубеж. Российские компании НК, Роснефть, Газпром нефть, ЛУКОЙЛ, Зарубежнефть, Газпром, Газпром и Татнефть активно интересуются возможностью работы в Иране. По нашим предварительным оценкам, объем инвестиций в нефтегазовый сектор Ирана может составить свыше 20 миллиардов долларов США.
2017
2017, June, 7, 18:10:00
OIL PRICES: $53 - $56
EIA forecasts Brent spot prices to average $53/b in 2017 and $56/b in 2018.
2017
2017, June, 7, 18:05:00
GLOBAL OIL OVERSUPPLY
The US Energy Information Administration lowered its crude-oil price forecast and raised its US production outlook for 2018. The lower price forecast reflects the possibility of a return to modest oversupply in global oil markets in 2018.
2017
2017, June, 7, 18:00:00
QATAR WILLING TO SPEAK
"We are willing to sit and talk," Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman al-Thani told CNN late on Tuesday. He said his country was "protecting the world from potential terrorists".
2017
2017, June, 5, 15:20:00
OIL PRICE: ABOVE $50
Global benchmark Brent LCOc1 advanced 1.1 percent to $50.48 a barrel. U.S. oil CLc1 also climbed 1 percent to $48.17.
2017
2017, June, 5, 15:15:00
OIL PRICES: $50 - $60
A crude price in the $50s is the new reality for bosses of some of the world’s largest producers as output caps from OPEC and its allies are balanced out by rising U.S. shale.
2017
2017, June, 5, 15:10:00
BAD NEWS FOR OPEC
As oil prices sag despite OPEC’s renewed efforts to shore up world crude markets, Wall Street banks have more bad news for the producer group: the outlook for next year isn’t great either.