All publications by tag «oil»
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2019, October, 14, 13:45:00
CHINA'S OIL IMPORTS UP 11%
China's crude oil imports jumped 10.8% year on year to hit 10.08 million b/d in September, crossing over 10 million b/d mark again since April,
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2019, October, 14, 13:25:00
U.S. RIGS UP 1 TO 856
U.S. Rig Count is up 1 rig from last week to 856, Canada Rig Count is up 2 rigs from last week to 146
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2019, October, 11, 12:15:00
OIL PRICE: NEAR $60
Brent rose as much as 2.3% to $60.46 a barrel and were at $60.13 per barrel, WTI rose as much as 2.1% to $54.69 a barrel and were at $54.47 per barrel, up 92 cents.
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2019, October, 11, 11:50:00
ADNOC: ROBUST ENERGY DEMAND
"As we convene today, short term energy demand has continued to soften in response to current downside risks in the global economy. However, over the medium and long-term, the outlook remains positive, solid, and robust. By 2040, three times the amount of energy consumed by all of Europe will be added to global energy demand. In the face of current economic headwinds, we need to control costs, while staying focused on capital efficiency and targeted long-term investment," Dr. Al Jaber noted.
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2019, October, 11, 11:35:00
NIGERIA'S OIL PRODUCTION 1.774 MBD
Nigeria's allocation was increased to 1.774 million barrels per day (bpd) from 1.685 million bpd at the last OPEC meeting in July,
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2019, October, 9, 13:30:00
OIL PRICE: NEAR $58 AGAIN
Brent was down 9 cents at $58.15 a barrel, West Texas Intermediate was at $52.55, down 8 cents.
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2019, October, 9, 13:20:00
OIL PRICES 2019-20: $59-$57
EIA forecasts Brent spot prices will average $59/b in the fourth quarter of 2019 and then fall to $57/b by the second quarter of 2020,
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2019, October, 9, 12:55:00
TURKEY'S FUND INVESTMENT: ENERGY
Plans for the Turkish Wealth Fund (TVF) to take part in investments in the energy sector were highlighted in the New Economy Program (NEP), which covers the period 2020-2022, and will be implemented under the main theme of "Change Begins."
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2019, October, 7, 13:35:00
OIL PRICE: NEAR $58 ANEW
Brent rose 34 cents or 0.6% to $58.71 a barrel, WTI was at $53.16, up 35 cents or 0.7%.
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2019, October, 7, 12:45:00
THE NEW NORWAY'S OIL
Nine years after the field was proven, production commenced on Saturday from the North Sea giant, Johan Sverdrup. 24/7, for the next 40 years, oil from this field will secure substantial revenues for Norway.