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All publications by tag «PRICE»

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2018, August, 3, 10:15:00
OIL PRICE: ABOVE $73
REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $68.87 per barrel at 0647 GMT, down 9 cents from their last settlement. Brent crude futures LCOc1 were at $73.40 per barrel, down 5 cents from their last close.
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2018, August, 3, 09:55:00
SAUDIS OIL PRICES DOWN
BLOOMBERG - Saudi Aramco, as the state-owned company is known, cut pricing for September shipments of all grades to Asia, its largest market. Aramco set the premium for Arab Light crude to Asia at $1.20 a barrel above the Middle East benchmark, it said Thursday in an emailed price list. The reduction of 70 cents for Arab Light was the second consecutive monthly cut for the grade and was 10 cents deeper than the median estimate of five traders in a Bloomberg survey.
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2018, August, 1, 09:40:00
OIL PRICE: NEAR $74 YET
REUTERS - Brent spot crude oil futures dropped 30 cents, or 0.4 percent, to $73.91 a barrel by 0435 GMT, adding to a 1.8 percent loss in the previous session. U.S. crude futures were down 38 cents, or 0.6 percent, at $68.38 a barrel, having dropped nearly 2 percent on Tuesday.
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2018, July, 30, 13:55:00
OIL PRICE: NEAR $75 YET
REUTERS - October Brent crude futures were last up 36 cents at $75.12 a barrel by 0902 GMT. The September contract expires on Tuesday. U.S. crude futures were up 78 cents at $69.47 a barrel.
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2018, July, 27, 12:53:57
OIL PRICE: ABOVE $74 YET
REUTERS - Brent futures were down 5 cents at $74.49 a barrel by 0319 GMT, after gaining 0.8 percent on Thursday. They are heading for a near 2 percent gain this week, the first weekly increase in four. U.S. West Texas Intermediate futures were 5 cents lower, at $69.56, after rising nearly 0.5 percent in the previous session. The contract is heading for a 1.3 percent weekly loss, a fourth week of declines.
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2018, July, 25, 10:20:00
OIL PRICE: NEAR $74 AGAIN
REUTERS - Brent crude was up 54 cents, or 0.7 percent, at $73.98 a barrel by 0318 GMT. The global benchmark settled 38 cents higher at $73.44 a barrel on Tuesday, after climbing to as high as $74. U.S. West Texas Intermediate rose 24 cents, or 0.4 percent, to $68.76, having settled the previous session up 63 cents, or nearly 1 percent.
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2018, July, 23, 13:55:00
OIL PRICE: NEAR $74
REUTERS - Brent crude oil LCOc1 rose $1.19 a barrel to a high of $74.26 before easing to around $74.05 by 1030 GMT. U.S. light crude CLc1 was up 70 cents at $68.96 a barrel.
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2018, July, 16, 11:05:00
OIL PRICE: NEAR $75
REUTERS - Brent crude futures were down 66 cents, or 0.9 percent, at $74.67 a barrel at 0645 GMT. U.S. West Texas Intermediate (WTI) crude was down 57 cents, or 0.8 percent, at $70.43 a barrel.
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2018, July, 12, 10:55:00
OIL PRICE: ABOVE $74
REUTERS - Brent crude LCOc1 rose $1.23, or 1.7 percent, to $74.63 a barrel by 0544 GMT after slumping 6.9 percent on Wednesday. U.S. West Texas Intermediate (WTI) CLc1 added 46 cents, or 0.7 percent, to $70.84 a barrel, after falling 5 percent the previous session.
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2018, July, 12, 10:45:00
OPEC: OIL DEMAND UP BY 1.65 MBD
OPEC - In 2018, oil demand is expected to grow by 1.65 mb/d, unchanged from the previous month’s assessment, with expectations for total world consumption at 98.85 mb/d. In 2019, the initial projection indicates a global increase of around 1.45 mb/d, with annual average global consumption anticipated to surpass the 100 mb/d threshold. The OECD is once again expected to remain in positive territory, registering a rise of 0.27 mb/d with the bulk of gains originating in OECD America. The non-OECD region is anticipated to lead oil demand growth in 2019 with initial projections indicating an increase of around 1.18 mb/d, most of which is attributed to China and India. Additionally, a steady acceleration in oil demand growth is projected in Latin America and the Middle East.