All publications by tag «»
![All publications by tag](/cache/2017/01/china-92.b77bf6ae.jpg)
2017, January, 13, 18:40:00
CHINA'S OIL&GAS REFORMS
SHARES of China National Petroleum Corp and Sinopec rebounded during the week on reforms that are set to transform the two oil and gas giants into more competitive and market-focused entities.
![All publications by tag](/cache/2017/01/RUSSIA-166.87d198f6.jpg)
2017, January, 13, 18:35:00
RUSSIA'S OIL SUCCESS
For every one dollar reduction in the price of oil, Russia suffers a staggering two billion dollar loss in its revenue. On top of the economic sanctions slapped on Russia following the annexation of Crimea, one may consider the record Russian oil production of 11.247 mbpd nothing short of a miracle.
![All publications by tag](/cache/2017/01/Georgia-3.23be00a1.jpg)
2017, January, 13, 18:30:00
RUSSIA - GEORGIA TRANSIT
The Georgian government has agreed with Gazprom proposals over gas transits via Georgia's territory and will sign a deal for 2017 and 2018, its energy minister Kakha Kaladze told reporters in Tbilisi. Gazprom Export will now pay a transit fee in cash, rather than in the form of gas supplies, as in the past.
![All publications by tag](/cache/2017/01/PRICE-540.adfaf838.jpg)
2017, January, 12, 18:40:00
OIL PRICES: ABOVE $55 ANEW
Brent crude LCOc1 was up 50 cents at $55.60 a barrel by 1050 GMT (5:50 a.m. ET). U.S. crude CLc1 was up 35 cents at $52.60.
![All publications by tag](/cache/2017/01/ECONOMY-5.2e823ff1.jpg)
2017, January, 12, 18:35:00
WBG: 2017 - UNCERTAIN TIMES
The outlook is clouded by uncertainty about policy direction in major economies. A protracted period of uncertainty could prolong the slow growth in investment that is holding back low, middle, and high income countries.
![All publications by tag](/cache/2017/01/RUSSIA-164.1b2fc8dd.jpg)
2017, January, 12, 18:30:00
IMPORTANT FOR RUSSIA
The end of the global commodity super-cycle, particularly the sharp drop in oil prices - Russia’s main export -caused the Russian economy to slip into recession, ushering in a period of difficult economic adjustment. Limited economic diversification and heavy reliance on oil have made Russia vulnerable to terms-of-trade shocks.
![All publications by tag](/cache/2017/01/PRICE-532.543b06c2.jpg)
2017, January, 11, 19:15:00
OIL PRICES: ABOVE $53 ANEW
Prices for Brent futures, the international benchmark for oil prices, were trading at $53.73 per barrel at 0508 GMT, up 9 cents from their last close.
U.S. West Texas Intermediate (WTI) crude futures were at $50.97 a barrel, up 15 cents.
![All publications by tag](/cache/2017/01/PRICE-533.eba43cb1.jpg)
2017, January, 11, 19:10:00
OIL PRICES FORECAST: $53 - $56
Brent crude oil prices are forecast to average $53/b in 2017 and $56/b in 2018. West Texas Intermediate (WTI) crude oil prices are forecast to average $1/b less than Brent in both 2017 and 2018.
![All publications by tag](/cache/2017/01/RUSSIA-162.2ef39016.jpg)
2017, January, 11, 19:05:00
URALS: $41.9
Средняя цена нефти марки Urals в 2016 году составила $41,9 за баррель.
![All publications by tag](/cache/2017/01/RIG-9.c25b3ba1.jpg)
2017, January, 11, 19:00:00
OIL INVESTMENTS UP
Global capital spending by leading exploration and production companies will total $450bn in 2017, up 3 per cent compared to 2016 and ending two years of steep declines, according to Wood Mac forecasts published on Wednesday. Meanwhile, the number of final investment decisions by these 60 E&P companies — which range from large multinationals and independents to national oil groups — on new upstream projects will double to more than 20 in 2017, from nine last year.