All publications by tag «PRICE»
2017, January, 24, 18:30:00
U.S. GAS PRICES WILL UP
EIA expects the Henry Hub natural gas spot price to average $3.55 per million British thermal units (MMBtu) in 2017 and $3.73/MMBtu in 2018, both higher than the 2016 average of $2.51/MMBtu. Higher prices in 2017 and 2018 reflect natural gas consumption and exports exceeding supply and imports, leading to lower average inventory levels.
2017, January, 23, 19:10:00
OIL PRICES: ABOVE $54 AFRESH
Brent crude LCOc1, the international benchmark for oil prices, was trading at $55.42 per barrel at 0441 GMT, down 7 cents from its last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 fell 11 cents to $53.11 a barrel.
2017, January, 23, 18:50:00
OIL PRODUCTION CUTS 1.5 MBD
Saudi Energy Minister Khalid al-Falih said OPEC’s 13 nations and 11 producers outside the cartel had made collective cuts totaling 1.5 million barrels a day since agreements were struck in late November and early December. Oil prices have risen nearly 20% since those deals were made, despite widespread skepticism over whether OPEC and other producers would follow through.
2017, January, 20, 19:00:00
OIL PRICES: ABOVE $54 O'ER
International benchmark Brent crude prices were up 68 cents at $54.84 a barrel at 0950 GMT.
U.S. West Texas Intermediate (WTI) crude oil futures were trading up 63 cents at $52 a barrel.
2017, January, 20, 18:50:00
CHINA'S CNOOC INVESTMENT UP TO 39%
Cnooc said it plans to lift capital spending to between Rmb60bn and RMB70bn this year, from budgeted capex of Rmb50.3bn in 2016. It intends to produce between 450m and 460m barrels of oil equivalent this year, compared with an estimated 476m last year.
2017, January, 17, 18:45:00
DEMAND WILL UP
Brent for March settlement rose 27 cents to $55.72 a barrel on the London-based ICE Futures Europe exchange. The contract fell 56 cents, or 1 percent, to $55.45 a barrel on Friday. Prices slid 2.9 percent last week, the biggest drop since November. The global benchmark crude traded at a premium of $2.32 to March WTI.
2017, January, 17, 18:40:00
2017: OPEC SEES STABILITY
OPEC Secretary-General Mohammed Barkindo forecast on Monday that stability would return to oil markets this year while price hawk Venezuela said it hoped its crude basket would rise to $70 in coming months.
2017, January, 16, 18:45:00
OIL PRICES: ABOVE $55 AFRESH
Benchmark Brent crude oil LCOc1 was down 10 cents a barrel at $55.35 by 0915 GMT (04:15 a.m. ET) and U.S. light crude CLc1 fell 10 cents to $52.27.
2017, January, 16, 18:40:00
URALS: $52.53
Средняя цена на нефть Urals за период мониторинга с 15 декабря 2016 года по 14 января 2017 года составила $52,53 за баррель, или $383,5 за тонну.
2017, January, 16, 18:35:00
2017: VOLATILITY OIL PRICES
Global oil prices will witness "much more volatility" in 2017 even though markets may rebalance in the first half of the year if output cuts pledged by producers are implemented.