All publications by tag «OPEC»
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2017, November, 15, 15:25:00
OIL PRICE: ABOVE $61 AGAIN
REUTERS - Brent crude futures LCOc1 were down 72 cents at $61.49 per barrel at 1020 GMT, having fallen by 1.5 percent on Tuesday, its largest one-day drop in a month.
U.S. West Texas Intermediate (WTI) crude CLc1 was at $55.12 per barrel, down 58 cents.
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2017, November, 15, 15:05:00
UAE CUTS OUTPUT
OPEC and allied oil producers should extend their production cuts beyond March to help re-balance the market, the United Arab Emirates said, adding weight to a gathering consensus for longer reductions in output among participants in the global accord.
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2017, November, 14, 18:10:00
OIL PRICE: ABOVE $62
Brent crude futures LCOc1 were at $63.55 per barrel at 0614 GMT, up 3 cents from their last close. U.S. West Texas Intermediate (WTI) crude CLc1 was at $56.79 per barrel, up 5 cents.
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2017, November, 13, 10:50:00
OIL PRICE: ABOVE $63 YET
Brent crude futures LCOc1 were at $63.55 per barrel at 0614 GMT, up 3 cents from their last close. U.S. West Texas Intermediate (WTI) crude CLc1 was at $56.79 per barrel, up 5 cents.
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2017, November, 13, 10:45:00
OPEC OIL PRICE: $61.72
The price of OPEC basket of fourteen crudes stood at $61.72 a barrel on Thursday, compared with $61.61 the previous day, according to OPEC Secretariat calculations.
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2017, November, 9, 14:05:00
OIL PRICE: ABOVE $63
Benchmark Brent crude oil LCOc1 was unchanged at $63.49 a barrel by 0840 GMT. On Tuesday, Brent reached an intra-day high of $64.65, its highest since June 2015.
U.S. light crude CLc1 was steady at $56.81, not too far off this week’s more than two-year high of $57.69 a barrel.
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2017, November, 9, 14:00:00
OPEC: 2040 GLOBAL ENERGY CHANGES
Within the grouping of Developing countries, India and China are the two nations with the largest additional energy demand over the forecast period, both in the range of 22–23 mboe/d.
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2017, November, 7, 12:45:00
OIL PRICE: ABOVE $64
Brent crude futures LCOc1 were up 5 cents at $64.32 per barrel by 0750 GMT. On Monday, they closed 3.5 percent higher, also their biggest percentage gain in about six weeks.
U.S. West Texas Intermediate (WTI) crude CLc1 was down just 3 cents at $57.32 a barrel. The contract surged 3 percent on Monday, the biggest percentage gain since late September. Both benchmarks hit their highest since mid-2015 during the session.
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2017, November, 7, 12:40:00
OIL PRICES MAXIMUM ANEW
West Texas Intermediate for December delivery rose 23 cents to $55.87 a barrel at 10:04 a.m. on the New York Mercantile Exchange after earlier rising to $56.28, the highest intraday price since July 2015.
Brent for January settlement climbed 46 cents to $62.53 on the London-based ICE Futures Europe exchange, and traded at a $6.41 premium to WTI for the same month.
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2017, November, 3, 12:35:00
OIL PRICE: ABOVE $61 YET
Brent futures LCOc1 were at $60.75 per barrel at 0739 GMT, up 13 cents, or 0.2 percent, from their last close. Brent has risen by around 37 percent since its low in 2017 reached last June.
U.S. West Texas Intermediate (WTI) crude CLc1 was at $54.70 a barrel, up 16 cents, or 0.3 percent, from the last close. WTI is around 30 percent above its 2017-low in June.