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Oil

Oil
2019, November, 13, 12:55:00
GLOBAL OIL DEMAND PLATEAU: 2030
Global oil demand will hit a plateau around 2030 as the use of more efficient cars and electric vehicles ends an expansion that dominated the past century
Oil
2019, November, 13, 12:50:00
INDIA'S OIL NEED INVESTMENT
Pradhan said Indian Prime Minister Narendra Modi recently met with the chief executives of energy firms in Houston, including those from Exxon Mobil Corp, BP Plc, Royal Dutch Shell, Rosneft Oil Co, Saudi Aramco and Abu Dhabi National Oil Co (Adnoc).
Oil
2019, November, 13, 12:45:00
RUSSIA'S OIL FOR INDIA
Rosneft already supplies crude to India, shipping to its subsidiary Nayara Energy which operates the 20 million mt/year Vadinar refinery in Gujarat.
Oil
2019, November, 13, 12:30:00
EXXON'S INVESTMENT FOR UAE $6.5 BLN
ExxonMobil has invested around US$6.5 billion in Upper Zakum oilfield since its involvement in the offshore field in 2006, according to Christian G. Lenoble, President and UAE Lead Country Manager of Exxon (Al-Khalij) Inc.
Oil
2019, November, 13, 12:20:00
LUKOIL PRODUCTION +1.6%
For the nine months of 2019 LUKOIL Group's average hydrocarbon production excluding the West Qurna-2 project amounted to 2,337 thousand boe per day, which is 1.6% higher year-on-year.
Oil
2019, November, 11, 13:25:00
OIL PRICE: NOT ABOVE $62 ANEW
Brent was down 69 cents, or 1.1%, at $61.82, WTI was 63 cents, or 1.1%, lower at $56.61 a barrel
Oil
2019, November, 11, 13:10:00
THE NEW IRAN'S OILFIELD 53 BBL
Speaking in the southern province of Yazd on Sunday, Dr. Rouhani said that the field’s reserves were estimated to contain 53 billion barrels of oil in place.
Oil
2019, November, 11, 13:05:00
RUSSIAN, SAUDI'S OIL FOR CHINA
China has been relying heavily on Saudi Arabia and Russia for its refinery feedstock requirements over the recent years, with both producers constantly switching between them the top supplier position to Asia's biggest energy consumer.
Oil
2019, November, 11, 13:00:00
IRAN'S LPG FOR CHINA DOWN
Trader estimates for cargoes loading from Iran bound for China in November generally ranged between seven and 10. Some said the number was lower at six to seven, while one source said it did not exceed nine.
Oil
2019, November, 11, 12:50:00
AFRICA'S ENERGY DEMAND GROWTH TWICE
Energy demand in Africa grows twice as fast as the global average, and Africa’s vast renewables resources and falling technology costs drive double-digit growth in deployment of utility-scale and distributed solar photovoltaics (PV), and other renewables, across the continent.
Oil
2019, November, 11, 12:40:00
U.S. RIGS DOWN 5 TO 817
U.S. Rig Count is down 5 rigs from last week to 817, Canada Rig Count is down 2 rigs from last week to 140,
Oil
2019, November, 8, 11:35:00
OIL PRICE: NOT ABOVE $62
Brent was down 44 cents, or 0.7%, at $61.85 a barrel, WTI was down 50 cents, or 0.9%, at $56.65 a barrel.
Oil
2019, November, 8, 11:00:00
SAUDI ARAMCO'S OIL FOR CHINA: +151 TBD
Saudi Aramco signed crude oil sales agreements for 2020 with five Chinese customers, increasing total volume by 151,000 barrels per day compared to their 2019 supply contracts.
Oil
2019, November, 8, 10:40:00
TURKEY'S GDP GROWTH 2.5%
The EBRD expects Turkey’s economy to start growing again in the second half of 2019, although a mild contraction is expected for the year as a whole.
Oil
2019, November, 8, 10:30:00
UKRAINE'S GDP GROWTH 3.3-3.5%
Ukraine's GDP growth is set to stay at 3.3 per cent in 2019 (a repeat of the 2018 result) and will accelerate slightly to 3.5 per cent in 2020.