PLATTS - On Thursday, US Secretary of State Rex Tillerson told reporters that Trump would likely announce the decision in the afternoon in Washington. If that deal unravels, 800,000 b/d of Iranian crude exports would be at risk, according to analysts.
REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $63.34 a barrel at 0755 GMT, down 46 cents, or 0.7 percent, from their last settlement. WTI the day before rose to its strongest since late 2014 at $64.77. Brent crude futures LCOc1 were at $68.97 a barrel, down 29 cents, or 0.4 percent, from their last close. Brent also marked a December-2014 high the previous day, at $70.05 a barrel.
REUTERS - U.S. West Texas Intermediate (WTI) crude futures were at $63.40 a barrel at 0100 GMT - 44 cents, or 0.7 percent, above their last settlement. They marked a December-2014 high of $63.53 a barrel in early trading. Brent crude futures were at $69.15 a barrel, 33 cents, or 0.5 percent, above their last close. Brent touched $69.29 in late Tuesday trading, its strongest since an intra-day spike in May 2015 and, before that, in December 2014.
EIA - Brent crude oil prices averaged $54/b in 2017 and are forecast to average $60/b in 2018 and $61/b in 2019. West Texas Intermediate (WTI) crude oil spot prices are forecast to average $4/b less than Brent prices in both 2018 and 2019. EIA’s forecast for the average WTI price for December 2018 of $58/b should be considered in the context of NYMEX contract values for December 2018 delivery. NYMEX contract values traded during the five-day period ending January 4 suggest that a range of $40/b to $85/b encompasses the market expectation for WTI prices in December 2018 at the 95% confidence level.
МИНФИН РОССИИ - Средняя цена нефти марки Urals по итогам января – декабря 2017 года составила $ 53,03 за баррель. В 2016 году средняя цена на Urals в январе – декабре составила $ 41,9 за баррель. Средняя цена на нефть марки Urals в декабре 2017 года сложилась в размере $ 63,61 за баррель, что в 1,22 раза выше, чем в декабре 2016 года ($ 52,08 за баррель).
BLOOMBERG - Futures climbed as much as 0.9 percent in New York after rising 2.5 percent the previous two sessions. Inventories fell by 11.2 million barrels last week, the American Petroleum Institute was said to report on Tuesday. If the draw is replicated in Energy Information Administration data Wednesday, it will be the biggest decline for this time of the year since 1999.
BLOOMBERG - A bigger problem is that Nigeria caps gasoline prices, often at levels below retailers’ costs. The cap today is set at 145 naira, or $0.40, a liter, which would translate to $1.52 per gallon.
REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $61.81 a barrel at 0750 GMT. That was 20 cents, or 0.3 percent, below their last close. WTI hit a $62.21 the previous day, which was its strongest since May, 2015. Brent crude futures LCOc1 were at $67.88 a barrel, 19 cents, or 0.3 percent, below their last settlement. Brent hit $68.27 the day before, also the highest since May, 2015.
REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $62.16 a barrel at 0752 GMT, up 53 cents, or 0.9 percent, from their last close. They touched $62.21 shortly before, their highest level since May 2015. Brent crude futures LCOc1 - the international benchmark for oil prices - were at $68.23 a barrel, up 39 cents, or 0.9 percent, after revisiting a May 2015 high of $68.27 shortly before.
REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $60.50 a barrel at 1017 GMT, up 13 cents from their last close, though still not far off the $60.74 reached on the previous day that was the highest since June 2015. Brent crude futures LCOc1 - the international benchmark for oil prices - were at $66.74 a barrel, up 17 cents but still trailing Tuesday’s high of $67.29 that was the most since May 2015.