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2017, August, 17, 15:00:00
ROSNEFT UP TO 423%
EBITDA growth by 2.9% Y/Y to RUB 639 bln
Over fivefold growth in net Income Q/Q
Sustainably positive free cash flow with a growth potential on the back of the key strategic project development
2017, August, 16, 09:45:00
OIL PRICE: NOT ABOVE $52 YET
Brent crude futures LCOc1 were at $51.02 per barrel at 0218 GMT, up 22 cents or 0.4 percent from their last close.
U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $47.70 a barrel, up 15 cents, or 0.3 percent.
2017, August, 16, 09:40:00
OIL PRICES TAKES TIME
New data suggests that in 2Q17 global stocks fell by 0.5 mb/d and preliminary data for July, particularly in the United States where stocks fell by 790 kb/d, is supportive. Even so, we must not forget that they are falling from a very great height in volume terms. At the end of 2Q17, OECD commercial stocks, which are the component of the global total for which we have the most visibility, stood at 3 021 million barrels, still more than 219 mb above the five-year average although they have now fallen below 2016 levels. As an exercise, if OECD stocks fell by 0.5 mb/d until the end of 1Q18 when the current output agreements expire they would still be about 60 mb above the five-year average.
2017, August, 16, 09:35:00
ЦЕНА URALS: $ 49,94
Средняя цена нефти марки Urals по итогам января - июля 2017 года составила $ 49,94 за баррель.
2017, August, 16, 09:30:00
OPEC: GLOBAL OIL DEMAND WILL UP TO 97.8 MBD
OPEC said world oil demand in 2018 will grow 1.28 million b/d from 2017 levels, meaning that total oil consumption is expected to hit a new record high of 97.8 million b/d in 2018.
2017, August, 16, 09:25:00
U.S. OIL PRODUCTION: 9.35 - 9.91 MBD
EIA continues to expect US production to rise over the next two years and cross the 10 million b/d threshold in November 2018.
It sees output averaging 9.35 million b/d in 2017, up 20,000 b/d from last month's outlook, and 9.91 million b/d in 2018, up 10,000 b/d from last month.
2017, August, 16, 09:20:00
U.S. OIL&GAS PRODUCTION WILL UP ANEW
Crude oil production from the seven major U.S. onshore producing regions is forecast to increase 117,000 b/d month-over-month in September to 6.149 million b/d.
2017, August, 16, 09:15:00
IRAN, RUSSIA,TURKEY COOPERATION
Iran, Russia and Turkey signed agreement on maintaining trilateral cooperation in developing oil and gas fields.
2017, August, 16, 09:10:00
IMF HAS IRAQ
To strengthen financial sector stability, Directors encouraged the authorities to take measures to bolster supervision, and move forward with plans to restructure the statemdash;owned banks that dominate the banking system. They also encouraged strengthening the legal framework of the Central Bank, eliminating a remaining exchange restriction and a multiple currency practice, and accelerating implementation of AML/CFT and antimdash;corruption measures. Directors considered that the peg to the U.S. dollar, which provides a key anchor to the economy, remains appropriate.
2017, August, 16, 09:05:00
OFFSHORE DRILLING MERGERS
Mergers among offshore oil drillers are raising hopes that consolidation could bring relief to a sector struggling to emerge from an industry downturn triggered by low crude prices.