All publications by tag «BRENT»
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2016, December, 8, 18:40:00
OIL PRICES: ABOVE $53 AGAIN
North Sea Brent crude was up 25 cents at $53.25 a barrel by 0940 GMT. U.S. light crude was up 20 cents at $49.97 a barrel.
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2016, December, 7, 19:05:00
OIL PRICES: STILL ABOVE $54
North Sea Brent crude oil LCOc1 was up 10 cents a barrel at $54.03 by 0950 GMT. U.S. light crude CLc1 was up 15 cents at $51.08 a barrel.
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2016, December, 7, 19:00:00
OIL PRICES: $43 - $52
EIA forecasts Brent crude oil prices to average $43 per barrel (b) in 2016 and $52/b in 2017. West Texas Intermediate (WTI) crude oil prices are forecast to average about $1/b less than Brent prices in 2017. The values of futures and options contracts indicate significant uncertainty in the price outlook.
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2016, December, 7, 18:35:00
STATOIL SEES $60
The balance between demand and supply in the oil market will shift earlier than previously expected due to OPEC's output cuts, with prices heading towards $60 a barrel next year, Statoil's chief executive said on Tuesday.
Brent crude futures LCOc1 hit $55 a barrel on Monday, the highest level since July 2015, after OPEC agreed on Dec. 1 to curb production by 1.2 million barrels per day (bpd) from January.
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2016, December, 6, 18:55:00
OIL PRICES: ABOVE $54
International Brent crude oil futures LCOc1 were trading at $54.83 per barrel at 1127 GMT, down 11 cents from Monday's close. U.S. West Texas Intermediate crude was at $51.50 a barrel, down 29 cents.
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2016, December, 5, 18:45:00
OIL PRICES: ABOVE $55
Brent crude oil futures LCOc1, the global benchmark used to trade oil, soared to its highest since July 6, 2015 to $55.20 a barrel. It last traded at $55.08 a barrel, up 62 cents, or 1.1 percent, at 0946 GMT.
WTI crude oil CLc1 traded up 54 cents, or 1 percent, at $52.22 a barrel.
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2016, December, 2, 19:05:00
OIL PRICES: ABOVE $53
Front-month Brent crude futures LCOc1 were down 45 cents, or 0.8 percent by 0951 GMT (4:51 a.m. ET) from their last settlement at $53.49 per barrel. The contract was up more than 13 percent this week, its biggest gain since March 2009.
U.S. West Texas Intermediate (WTI) futures CLc1 were at $50.68, down 38 cents.
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2016, December, 2, 18:40:00
OPEC - RUSSIA DEAL
Oil prices slipped on Friday as some investors opted to cash out after Brent touched 16-month a high on Thursday, with optimism over this week's OPEC-Russia accord on cutting output giving way to questions on the "sticking point" of implementing the deal.
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2016, December, 1, 18:45:00
OIL PRICES: ABOVE $52 AGAIN
U.S. crude oil CLc1 added to overnight gains of 9 percent to reach $50.00 a barrel for the first time since October. Brent crude LCOc1, which soared $4 overnight, touched a six-week peak of $52.73 a barrel.
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2016, November, 30, 18:55:00
OIL PRICES: ABOVE $49 ANEW
Brent crude, the international oil marker, rose more than $3.00, or 7.2 per cent, to $49.73 in the late morning in London.