All publications by tag «oil»
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2020, June, 8, 13:20:00
GLOBAL ENERGY INVESTMENT WILL DOWN $400 BLN
The spread of the Covid-19 pandemic has upended these expectations, and 2020 is now set to see the largest decline in energy investment on record, a reduction of one-fifth – or almost USD 400 billion – in capital spending compared with 2019.
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2020, June, 8, 12:50:00
LUKOIL NET LOSS RUB 46 BLN
In the first quarter of 2020, LUKOIL booked a loss attributable to shareholders in the amount of RUB 46.0 bln.
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2020, June, 8, 12:40:00
U.S. RIGS DOWN 17 TO 284
U.S. Rig Count is down 17 rigs from last week to 284, Canada Rig Count is up 1 rig from last week to 21
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2020, June, 5, 12:45:00
OIL PRICE: ABOVE $40
Brent were up 27 cents, or 0.7%, at $40.26 a barrel, WTI rose 17 cents, or 0.5%, to $37.58 a barrel.
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2020, June, 5, 12:15:00
NORWAY CUT INVESTMENT
Oil companies, including Norway’s state-controlled Equinor, have said they intend to reduce both operating and capital spending in order to preserve cash during the downturn.
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2020, June, 4, 11:40:00
OIL PRICE: ABOVE $39 ANEW
Brent fell 1.18%, or 47 cents, to $39.32 a barrel, WTI slid 1.80%, or 67 cents, to $36.62 a barrel.
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2020, June, 4, 11:35:00
OIL DEFICIT 5 MBD
Russian Energy Minister Alexander Novak said on Thursday that the global oil market may see a shortage of 3-5 million barrels per day (bpd) in July, depending on the parameters of a deal to be reached by OPEC+ producers,
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2020, June, 3, 13:10:00
OIL PRICE: NEAR $40
Brent were up 59 cents, or 1.5%, at $40.16 a barrel, WTI gained 80 cents, or 2.2%, to $37.61.
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2020, June, 3, 12:50:00
U.S. SHALE RECOVERY
U.S. shale oil producers signaling they are ready to re-open wells that were shut during the market’s collapse.
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2020, June, 3, 12:40:00
BRAZIL'S PETROLEUM PRODUCTION 3.7 MBD
Companies operating in Brazil pumped 3.738 million b/d of oil equivalent in April