PLATTS - Russia is planning to fully comply with its commitment to cut oil output under the OPEC/non-OPEC deal this month, Russian energy minister Alexander Novak said Tuesday, the Prime news agency reported.
PLATTS - Iraq has adjusted its crude oil production capacity target and is now aiming to achieve 6.5 million b/d by 2022, oil minister Jabbar al-Luaibi said Monday.
МИНФИН РОССИИ - Средняя цена нефти марки Urals по итогам января – март 2018 года составила $ 65,22 за баррель. В 2017 году средняя цена на Urals в январе – марте составила $ 52,04 за баррель. Средняя цена на нефть марки Urals в марте 2018 года сложилась в размере $ 63,68 за баррель, что в 1,3 раза выше, чем в марте 2017 года ($ 49,76 за баррель).
REUTERS - U.S. WTI crude futures CLc1 were at $65.21 barrel at 0122 GMT, up 27 cents, or 0.4 percent, from their previous settlement. Brent crude futures LCOc1 were fetching $69.71 per barrel, up 37 cents, or 0.55 percent.
EIA - US oil production averaged 9.964 million b/d in January, up nearly 1.14 million b/d compared with January 2017, but about 102,000 b/d below November's record domestic output,
REUTERS - Iraq exported 3.453 million barrels per day (bpd) of crude oil from its southern ports in March, slightly above the February average, the oil ministry said on Sunday.
SHANA - Leaders of the UAE, OPEC’s biggest producer Saudi Arabia and non-OPEC member Russia support extending energy cooperation beyond 2018. Cooperation on the part of a politically influential oil producer like Russia would add to the weight and influence of OPEC in global energy markets, both politically and in terms of decision-making.
REUTERS - Japan’s crude oil imports last month fell 15.4 percent from a year earlier to 2.99 million barrels per day (13.33 million kilolitres), the lowest for the month of February since 1969
REUTERS - Indian Oil Corp plans to invest 1.43 trillion rupees ($22 billion) in next five years as the country’s top refiner seeks to raise its annual capacity to about 3.2 million barrels per day by 2030,
BLOOMBERG - West Texas Intermediate for May delivery gained 56 cents to settle at $64.94 a barrel on the New York Mercantile Exchange, with prices posting a third-straight quarterly gain, the longest streak since 2011. Brent for May settlement, which expires Thursday, added 74 cents to end the session at $70.27 a barrel on the London-based ICE Futures Europe exchange. The more-active June contract rose 58 cents to settle at $69.34. The global benchmark traded at a $5.33 premium to WTI. The European bourse, along with Nymex, will be closed for the Good Friday holiday.