All publications by tag «OPEC»
2018, May, 25, 10:55:00
OIL PRICE: ABOVE $78
REUTERS - Brent crude futures LCOc1 were at $78.63 per barrel at 0534 GMT, down 16 cents from their last close, and more than 2.2 percent below the $80.50 multi-year high they reached on May 17. Brent broke through $80 for the first time in more than three years earlier in May. U.S. West Texas Intermediate (WTI) crude futures were at $70.60 a barrel, down 11 cents from their last settlement.
2018, May, 23, 10:50:00
OIL PRICE: ABOVE $79 ANEW
REUTERS - Brent LCOc1 futures fell 43 cents, or 0.5 percent, to $79.14 a barrel by 0218 GMT, after climbing 35 cents on Tuesday. Last week, the global benchmark hit $80.50 a barrel, the highest since November 2014. U.S. West Texas Intermediate (WTI) crude CLc1 futures eased 25 cents, or 0.4 percent, to $71.95 a barrel, having climbed on Tuesday to $72.83 a barrel, the highest since November 2014.
2018, May, 23, 10:30:00
RUSSIA'S OIL BENEFIT
BLOOMBERG - Oil has touched a level above $80 a barrel for the first time since November 2014. OPEC’s inventory target for output cuts has been met.
2018, May, 21, 11:10:00
OIL PRICE: ABOVE $79 YET
REUTERS - Brent crude futures were at $79.06 per barrel at 0650 GMT, up 55 cents, or 0.7 percent, from their last close. Brent broke through $80 for the first time since November 2014 last week. U.S. West Texas Intermediate (WTI) crude futures were at $71.71 a barrel, up 43 cents, or 0.6 percent, from their last settlement.
2018, May, 21, 11:05:00
ADEQUATE OIL SUPPLIES
REUTERS - Saudi Arabia said on Friday it is consulting other oil producers in and outside OPEC to ensure the world has adequate supplies to support economic growth after prices hit $80 a barrel for the first time since 2014.
2018, May, 18, 09:20:00
OIL PRICE: ABOVE $79
REUTERS - Brent crude futures LCOc1 were at $79.57 per barrel at 0310 GMT, up 27 cents, or 0.3 percent from their last close. Brent broke through $80 for the first time since November 2014 on Thursday. U.S. West Texas Intermediate (WTI) crude futures were at $71.62 a barrel, up 13 cents, or 0.2 percent, from their last settlement.
2018, May, 16, 12:35:00
OIL PRICE: ABOVE $77 ANEW
REUTERS - Brent crude futures were at $78.22 per barrel at 0644 GMT, down 21 cents, or 0.3 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $71.03 a barrel, down 28 cents, or 0.4 percent, from their last settlement.
2018, May, 14, 11:40:00
OIL PRICE: ABOVE $76
REUTERS - Brent crude futures LCOc1 were at $76.79 per barrel at 0648 GMT, down 33 cents, or 0.4 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $70.44 a barrel, down 26 cents, or 0.3 percent.
2018, May, 14, 11:30:00
SAUDIS - RUSSIA COORDINATION
FT - “Any action will be taken in co-ordination with other producers,” the person said on Wednesday, adding that Saudi Arabia was already in talks with Russia and other producers, including the UAE.
2018, May, 10, 13:30:00
OIL PRICE: ABOVE $77
REUTERS - Brent crude futures were up 29 cents at $77.50 a barrel by 0933 GMT, having gained 3.5 percent so far this week, the largest weekly increase since mid-April. U.S. West Texas Intermediate crude futures were up 42 cents at $71.56 a barrel.