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All publications by tag «oil»

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2018, November, 7, 11:50:00
OIL PRICE: NEAR $72 YET
REUTERS - Front-month Brent crude oil futures LCOc1 were at $71.83 per barrel at 0750 GMT, down 30 cents, or 0.4 percent, from their last close. U.S. West Texas Intermediate (WTI) crude CLc1 was at $61.84, down 37 cents, or 0.6 percent.
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2018, November, 7, 11:30:00
IRANIAN OIL SELLING
SHANA - “The Americans have constantly said they would bring Iran’s oil sales to zero, but l have to say that we have been able to sell oil as much as we need up until today,” Jahangiri noted in remarks on Tuesday.
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2018, November, 5, 12:25:00
OIL PRICE: NEAR $72
REUTERS - Brent crude oil LCOc1 was down 30 cents a barrel at $72.53 by 0815 GMT. U.S. light crude CLc1 was 30 cents lower at $62.84 a barrel.
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2018, November, 5, 12:20:00
RUSSIA'S OIL PRODUCTION 11.4 MBD
BLOOMBERG - Russia’s crude and condensate output averaged 11.412 million barrels a day last month, according to data from the Energy Ministry’s CDU-TEK unit released Friday. That’s about 160,000 barrels a day more than two years ago, before Russia agreed to cut supply with OPEC. It’s a post-Soviet record, and not far off the highest-ever output.
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2018, November, 5, 12:10:00
RUSSIA'S HELP TO IRAN
FT - Russia has vowed to help Iran counter US attempts to throttle its oil sales when sanctions come into effect next week, saying it will continue trading Tehran’s crude in defiance of Washington.
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2018, November, 5, 11:40:00
U.S. RIGS DOWN 1 T0 1,067
BHGE - U.S. Rig Count is down 1 rig from last week to 1,067, with oil rigs down 1 to 874 and gas rigs unchanged at 193. Canada Rig Count is down 2 rigs from last week to 198, with oil rigs down 3 to 121, gas rigs up 1 to 77, and miscellaneous rigs unchanged at 0.
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2018, November, 2, 12:20:00
OIL PRICE: NOT ABOVE $73
REUTERS - Front-month Brent crude futures were at $72.88 per barrel at 0737 GMT on Friday, 1 cent below their last close. They first fell on Friday on surging supplies, before rising with global markets and then dipping again on the back of the reported Iran sanctions waivers. U.S. West Texas Intermediate (WTI) crude futures were down 33 cents, or 0.5 percent, at $63.36 a barrel.
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2018, November, 2, 12:05:00
U.S. OIL PRODUCTION 11.3 MBD
U.S. EIA - U.S. crude oil production reached 11.3 million barrels per day (b/d) in August 2018,
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2018, October, 31, 13:20:00
OIL PRICE: NEAR $77 AGAIN
REUTERS - Benchmark Brent crude oil LCOc1 was up 80 cents at $76.71 a barrel by 0840 GMT. The contract fell 1.8 percent on Tuesday, at one point touching its lowest since Aug. 24 at $75.09. U.S. light crude CLc1 was up 60 cents at $66.78. It hit a two-month low of $65.33 a barrel on Tuesday.
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2018, October, 31, 13:15:00
OIL & GAS CONSOLIDATION
PLATTS - Consolidation through the oil and gas sector is heating up, spurred in many cases by too many small companies, lack of operator scale, profits and in the oilfield services segment, an inability to raise prices after the recent downturn, industry executives said