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Prices

Prices
2018, September, 19, 13:47:00
OIL PRICES: $70 - $80
PLATTS - Current global oil prices at around $70-80/b are due to the volatile situation on the market and include a premium for risks associated with sanctions and oil supply cuts, but they are expected to fall to around $50/b in the long term, Russian energy minister Alexander Novak said Tuesday.
Prices
2018, September, 17, 15:25:00
OIL PRICE: NOT ABOVE $79 YET
REUTERS - Brent crude oil was up 40 cents a barrel at $78.49 by 1155 GMT. U.S. light crude was up 45 cents at $69.44.
Prices
2018, September, 17, 15:10:00
IRAN'S OIL TO S.KOREA DOWN 86%
PLATTS - South Korea's crude oil imports from Iran plunged 86.5% in August from a year earlier due to pending re-imposition of US sanctions on Tehran, according to preliminary data released by the Korea Customs Service Monday.
Prices
2018, September, 14, 12:45:00
OIL PRICE: NOT ABOVE $79
REUTERS - Brent crude was up 3 cents at $78.21 a barrel by 0634 GMT, after falling 2 percent on Thursday. The global benchmark rose on Wednesday to its highest since May 22 at $80.13. U.S. West Texas Intermediate (WTI) futures were up 18 cents, or 0.2 percent, at 68.76 a barrel, after dropping 2.5 percent on Thursday.
Prices
2018, September, 14, 12:40:00
IEA: OIL PRICES COULD RISE
IEA - If Venezuelan and Iranian exports do continue to fall, markets could tighten and oil prices could rise without offsetting production increases from elsewhere.
Prices
2018, September, 14, 12:30:00
FIXED U.S. OIL PRICE
REUTERS - U.S. shale producers are locking in prices for their production as much as three years into the future in a sign that strong domestic crude pricing is nearing a peak, according to market sources familiar with money flows.
Prices
2018, September, 13, 14:35:00
OIL PRICE: NEAR $79 YET
REUTERS - Benchmark Brent crude oil LCOc1 was down 70 cents a barrel at $79.04 by 0830 GMT. U.S. light crude CLc1 fell $1.15 to a low of $69.22 a barrel.
Prices
2018, September, 13, 14:10:00
U.S. SANCTIONS AGAINST THE WORLD
CNBC - "We can see that the pricing situation today depends not just on the supply/demand balance or the general economic situation but also on the uncertainty that we observe today in the global markets: the trade wars, the sanctions that the U.S. pursue," Novak said, speaking to CNBC's Geoff Cutmore at the Eastern Economic Forum (EEF) in Vladivostok, Russia.
Prices
2018, September, 12, 12:30:00
OIL PRICE: NEAR $79
REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $69.93 per barrel at 0646 GMT, up 68 cents, or 1 percent, from their last settlement. WTI futures gained 2.5 percent in the previous session. Brent crude futures LCOc1 climbed 30 cents, or 0.4 percent, to $79.36 a barrel. Brent has climbed for four straight sessions, gaining 2.2 percent the previous day.
Prices
2018, September, 12, 11:50:00
OPEC CAN INCREASE
PLATTS - "There is a fairly significant combined potential by the countries [participating in the deal] that can increase production and this potential can be used if necessary," Novak said Wednesday.
Prices
2018, September, 12, 11:35:00
OIL PRICES 2018-19: $73-$74
U.S. EIA - EIA expects Brent spot prices will average $73/b in 2018 and $74/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $6/b lower than Brent prices in 2018 and in 2019. NYMEX WTI futures and options contract values for December 2018 delivery that traded during the five-day period ending September 6, 2018, suggest a range of $56/b to $85/b encompasses the market expectation for December WTI prices at the 95% confidence level.
Prices
2018, September, 10, 13:05:00
OIL PRICE: NEAR $78
REUTERS - Benchmark Brent crude oil rose $1.09 a barrel, or 1.4 percent, to a high of $77.92 and was trading at $77.85 by 0900 GMT. U.S. light crude was 70 cents higher at $68.45.
Prices
2018, September, 7, 12:57:00
OIL PRICE: ABOVE $76
REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $67.93 per barrel at 0654 GMT, up 16 cent from their last settlement. International Brent crude futures LCOc1 were up 8 cents at $76.58 a barrel.
Prices
2018, September, 5, 11:00:00
OIL PRICE: NOT ABOVE $78
REUTERS -U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $69.14 per barrel at 0642 GMT, down 73 cents, or 1 percent, from their last settlement. International Brent crude futures LCOc1 fell 60 cents, or 0.8 percent, to $77.57 a barrel.
Prices
2018, September, 5, 10:55:00
SAUDIS OIL PRICE: $70 - $80
REUTERS - “The Saudis need oil at about $80 and they don’t want prices to go below $70. They want to manage the market like this,” one of the sources told.