All publications by tag «oil»
2023, November, 3, 06:45:00
INDIA NEED VENEZUELA'S OIL
India, the world's third biggest oil importer and consumer, ships over 80% of its oil needs from overseas and wants to cut its crude import bill.
2023, November, 3, 06:40:00
VENEZUELA: LIFTING SANCTIONS
However, there are growing signs of a thaw in relations between the Biden administration and Caracas, with the sides holding talks to explore temporarily lifting sanctions to encourage Venezuela to hold competitive presidential elections next year.
2023, November, 3, 06:25:00
U.S. FOSSIL FUELS CHOICE
In the United States last year, according to the Energy Information Administration, natural gas accounted for 39.9 percent of electricity production; coal, 19.7 percent; nuclear, 18.2 percent; and renewables, the rest, although these are coming on fast.
2023, October, 27, 07:00:00
OIL PRICE: BRENT NEAR $89, WTI ABOVE $84
Brent rose $1.16, or 1.3%, to $89.09 a barrel. WTI climbed $1.08, also 1.3%, to $84.29 a barrel.
2023, October, 27, 06:55:00
GLOBAL OIL WILL STAY
Prince Abdulaziz said that the energy transition will require hydrocarbons including petrochemicals.
2023, October, 20, 07:00:00
OIL PRICE: BRENT ABOVE $93, WTI ABOVE $90
Brent crude futures climbed 94 cents, or 1%, to $93.32 a barrel by 0307 GMT. U.S. West Texas Intermediate crude was at $90.78 a barrel, up $1.41, or 1.6%.
2023, October, 20, 06:20:00
OIL: A VAGRANT GEOPOLITICAL BROTH
Oil has become the gift that keeps on giving. Aggressive long liquidation leaves the markets exposed to a strong geopolitical bid as it has a direct effect on oil production and transportation in the Middle East.
2023, October, 13, 07:00:00
OIL PRICE: BRENT ABOVE $86, WTI ABOVE $83
Brent rose 50 cents, or 0.6%, to $86.50 per barrel, WTI gained 64 cents, or 0.8%, to $83.55 a barrel.
2023, October, 13, 06:50:00
OIL PRICES 2023-24: $84 - $95
The Brent spot price increasing to average $95 per barrel (b) in 2024.
2023, October, 6, 07:00:00
OIL PRICE: BRENT ABOVE $84, WTI NEAR $83
Brent were up 36 cents, or 0.4%, at $84.43. WTI were up 42 cents, or 0.5%, at $82.73.