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Oil

Oil
2020, May, 28, 12:05:00
OIL PRICE: NEAR $34
Brent were down 2%, or 71 cents at $34.03 per barrel, WTI were down 3%, or 98 cents, at $31.83 a barrel
Oil
2020, May, 28, 12:00:00
RUSSIA, SAUDI ARABIA COORDINATION
Russian President Vladimir Putin discussed the oil market with Saudi Arabia's Crown Prince Mohammed bin Salman on Wednesday
Oil
2020, May, 28, 11:50:00
CHINA'S ENERGY IEFFICIENCY UP
China energy intensity, which measures the amount of energy needed to generate one unit of GDP, decreased by 2.6% in 2019,
Oil
2020, May, 28, 11:40:00
CHEVRON WILL CUT 6,000 EMPLOYEES
Chevron’s cuts equate to about 6,000 of its 45,000 non-gas station employees. It’s “streamlining our organizational structures to reflect the efficiencies and match projected activity levels,” the San Ramon, California-based company said Wednesday in a statement. “This is a difficult decision, and we do not make it lightly.”
Oil
2020, May, 28, 11:35:00
MALAYSIA'S PETRONAS WILL CUT INVESTMENT
Petronas plans to reduce its capital expenditures by 21% and its operating costs by 12% in 2020
Oil
2020, May, 28, 11:30:00
MALAYSIA'S PETRONAS PROFIT 68% LOWER
Petronas Profit After Tax (PAT) for the quarter stood at RM4.5 billion, 68 per cent lower than the RM14.2 billion posted in the corresponding quarter in the previous year,
Oil
2020, May, 28, 11:25:00
AUSTRALIA'S SANTOS BUYING $1.265 BLN
Santos today is pleased to announce it has completed the acquisition of ConocoPhillips’ northern Australia and Timor-Leste assets for a reduced purchase price of US$1.265 billion plus an increased contingent payment of US$200 million subject to a final investment decision (FID) on Barossa.
Oil
2020, May, 27, 12:20:00
OIL PRICE: ABOVE $35
Brent fell 53 cents, or 1.5%, to $35.64, WTI was down 50 cents, or 1.5%, at $33.85.
Oil
2020, May, 27, 11:35:00
CHEVRON NET INCOME $3.6 BLN
Chevron Corporation (NYSE: CVX) reported earnings of $3.6 billion ($1.93 per share - diluted) for first quarter 2020,
Oil
2020, May, 26, 10:50:00
OIL PRICE: ABOVE $36
Brent were up nearly 1.7%, or 61 cents to $36.14, WTI gained 3.4%, or $1.12, to $34.37 a barrel
Oil
2020, May, 26, 10:45:00
ПРОФИЦИТ НА РЫНКЕ 7 - 12 МБД
Говоря о ситуации на рынке нефти, глава Минэнерго России отметил, что с рынка уже ушло около 14-15 млн б/с нефти с учетом сделки ОПЕК+, а также падения добычи в других странах. Пока профицит составляет около 7-12 млн б/с, но Минэнерго России рассчитывает, что в июне-июле рынок сбалансируется благодаря росту потребления.
Oil
2020, May, 26, 10:40:00
U.S. SHALE OIL LOSS $26 BLN
The biggest independent shale oil groups in the US reported a record combined loss of $26bn in the first quarter
Oil
2020, May, 26, 10:35:00
U.S. OFFSHORE DRILLING PROBLEM
A U.S. ban on new offshore drilling in the Gulf of Mexico
Oil
2020, May, 26, 10:30:00
RUSSIA'S OIL FOR CHINA 1.76 MBD
China's crude oil imports from Russia rose 17.7% year on year to 7.2 million mt or 1.76 million b/d in April,
Oil
2020, May, 26, 10:15:00
TC ENERGY SELLS $2.1 BLN
TC Energy Corporation has completed the sale of a 65 per cent equity interest in the Coastal GasLink Pipeline Project