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Oil

Oil
2020, February, 12, 12:15:00
OPEC+ PRODUCTION DOWN BY 500 TBD
OPEC members and allied oil producers, the so-called OPEC+, have agreed to cut their crude oil production by an additional 500,000 bbl/d until their next meeting in early March 2020.
Oil
2020, February, 12, 12:12:00
OIL PRICES 2020-21: $61-68
EIA forecasts Brent prices will average $61/b in 2020; with prices averaging $58/b during the first half of the year and $64/b during the second half of the year. EIA forecasts the average Brent prices will rise to an average of $68/b in 2021.
Oil
2020, February, 12, 11:55:00
ROSNEFT'S OIL PRODUCTION 5.8 MBD
Rosneft's hydrocarbons production in 2019 was more or less steady year on year at around 5.8 million b/d of oil equivalent
Oil
2020, February, 12, 11:50:00
RUSSIA'S OIL FOR U.S.
US imports of unfinished oils from Russia averaged 472,000 b/d in November, the most since May 2013, when the same amount of unfinished oils was imported from Russia.
Oil
2020, February, 12, 11:45:00
6 UNDERVALUED ENERGY STOCKS. FEBRUARY 2020
Let’s see which companies are still undervalued and which ones are out of my radar. Some of them reached their fair value and some other stopped to satisfy my parameters.
Oil
2020, February, 10, 10:50:00
OIL PRICE: ABOVE $54
Brent crude futures gave up losses to be up 17 cents at $54.64 a barrel while U.S. crude futures added 8 cents to $50.4 a barrel.
Oil
2020, February, 10, 10:45:00
RUSSIA, VENEZUELA COOPERATION
Brent rose 24 cents, or 0.4%, to $55.17 a barrel, WTI were up 15 cents, or 0.3%, at $51.10 a barrel,
Oil
2020, February, 10, 10:40:00
IRAN SUPPORTS OPEC
Iran’s support for any output reduction agreed by a majority of OPEC member states
Oil
2020, February, 10, 10:35:00
IRAN'S OIL DEVELOPMENT: $1.3 BLN
"The contract core sum is $876 million and with its side costs the investment will reach $1.3 billion," Zanganeh said.
Oil
2020, February, 10, 10:05:00
ANGOLA NEED EXPLORATION
Angola's crude output has fallen from a peak of 1.9 million b/d in 2010 to 1.4 million b/d currently
Oil
2020, February, 10, 09:55:00
WORLDWIDE RIG COUNT UP 30 TO 2,073
The worldwide rig count for January 2020 was 2,073, up 30 from the 2,043 counted in December 2020, and down 192 from the 2,265 counted in January 2019.
Oil
2020, February, 10, 09:50:00
U.S. RIGS UNCHANGED TO 790
U.S. Rig Count is unchanged from last week at 790, Canada Rig Count is up 10 rig from last week at 257
Oil
2020, February, 7, 11:15:00
OIL PRICE: NEAR $55
Brent rose 24 cents, or 0.4%, to $55.17 a barrel, WTI were up 15 cents, or 0.3%, at $51.10 a barrel,
Oil
2020, February, 7, 11:10:00
RUSSIA, USA DIALOG
Russian energy minister Alexander Novak discussed bilateral energy cooperation with the US ambassador to Russia, John Sullivan, on Thursday, according to an energy ministry statement.
Oil
2020, February, 7, 11:05:00
OPEC+ : 600 TBD
The Russian delay is sure to frustrate OPEC kingpin Saudi Arabia, which had called for the collective to immediately implement deeper cuts of 500,000 b/d or more amid the sell-off in crude prices.