Oil
2019, October, 28, 13:10:00
SCHLUMBERGER NET LOSS $11.4 BLN
Schlumberger Announces Third-Quarter 2019 Results
Worldwide revenue of $8.5 billion increased 3% sequentially
GAAP loss per share, including charges of $8.65 per share, was $8.22
Cash flow from operations was $1.7 billion and free cash flow was $1.1 billion
2019, October, 28, 13:05:00
U.S. RIGS DOWN 21 TO 830
U.S. Rig Count is down 21 rigs from last week to 830, Canada Rig Count is up 4 rigs from last week to 147
2019, October, 25, 10:30:00
OIL PRICE: ABOVE $61
Brent was down 18 cents, or 0.3%, at $61.49, WTI was down 21 cents, or 0.4%, at $56.02.
2019, October, 25, 09:30:00
U.S. PETROLEUM EXPORTS 5.47 MBD
In the first half of 2019, the United States exported 5.47 million barrels per day (b/d) of petroleum products, an increase of 19,000 b/d (0.3%) from the first half of 2018 and the slowest year-over-year growth rate for any half year in 13 years.
2019, October, 25, 09:10:00
LUKOIL, ARAMCO DEVELOPMENT
Russian crude producer Lukoil is in talks with Saudi Aramco on potential joint projects outside Russia and Saudi Arabia, including some in Africa, CEO Vagit Alekperov said Wednesday on the sidelines of the Russia-Africa Summit in Sochi.
2019, October, 25, 09:05:00
LUKOIL, NNPC COOPERATION
President of PJSC LUKOIL Vagit Alekperov and Nigerian National Petroleum Corporation (NNPC) Group Managing Director Mele K Kyari signed a Memorandum of Understanding between the companies. Memorandum was signed today at the Russia-Africa economic forum in Sochi.
2019, October, 23, 12:50:00
OIL PRICE: NEAR $59 AGAIN
Brent were down 25 cents, or 0.43%, to $59.45 a barrel , WTI for December delivery fell 32 cents, or 0.59%, to $54.16 per barrel
2019, October, 23, 12:20:00
RUSSIA, AFRICA DIALOG
President Vladimir Putin will host the Russia-Africa Summit in Sochi this week as Russia looks to expand its footprint in Africa.
2019, October, 23, 11:50:00
U.S. OIL MAXIMUM
The brisk pace of U.S. production, now the world’s largest, in the past few years has been a key factor behind the relative weakness in oil prices. Output has slowed recently, however.
2019, October, 23, 11:30:00
$50 BLN FOR BRAZIL
An auction next month of oilfields in Brazil may be the priciest ever held, raising at least $50 billion in licensing fees and compensation, according to people familiar with government estimates.
2019, October, 23, 11:25:00
PEMEX BONDS UP
The bonds have rallied to their highest since April 2018 as money managers turn more sanguine about the state oil firm following a $7.5 billion bond sale to refinance its debt, potentially staving off another ratings downgrade. Pemex’s dollar-denominated bonds maturing in 2027 jumped 14% from their November low to 105.4 cents on the dollar, climbing for an eighth consecutive day on Tuesday.
2019, October, 21, 13:55:00
OIL PRICE: NEAR $59 YET
Brent crude LCOc1 was down 57 cents at $58.85 a barrel, WTI crude oil CLc1 declined 39 cents to $53.39 a barrel.
2019, October, 21, 13:30:00
U.S. OIL PRODUCTION 12.4 MBD
U.S. crude oil production reached a new all-time high of 12.4 million barrels per day (mb/d) – and U.S. natural gas liquids production sustained a record 4.8 mb/d – in September,
2019, October, 21, 13:25:00
U.S. TRADE WARS
The collateral damage of the United States’ trade wars is being felt from the fjords of Iceland to the auto factories of Japan.
2019, October, 21, 13:05:00
PETROBRAS PRODUCTION UP 16.5%
Petrobras, which has been was completing the installation of seven new floating production units, produced 2.794 million b/d of oil equivalent in the third quarter from domestic fields. Oil and gas output was up 9.5% from the second quarter.