All publications by tag «OPEC»
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2016, December, 15, 18:55:00
LIBYAN OIL WILL UP
Operations have restarted at two key oil fields and a connected pipeline in Western Libya that have been shut down for over two years, Libyan officials said, following an agreement with local tribes.
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2016, December, 14, 19:05:00
OIL PRICES: ABOVE $54 AGAIN
International Brent crude futures were down 58 cents at $55.14 per barrel at 1054 GMT. U.S. West Texas Intermediate (WTI) crude oil futures were down 61 cents at $52.37 a barrel.
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2016, December, 12, 18:55:00
OIL PRICES: ABOVE $56
Brent crude, the global oil benchmark, rose 4.27% to $56.67 a barrel on London’s ICE Futures exchange. On the New York Mercantile Exchange, West Texas Intermediate futures were trading up 4.80% at $53.95 a barrel.
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2016, December, 9, 18:50:00
OIL PRICES: ABOVE $54 ANEW
Brent crude for February delivery LCOc1 was up 12 cents at $54.01 a barrel by 0752 GMT, after rising 1.7 percent on Thursday. The contract hit its highest since July 2015 at $55.33 on Monday.
U.S. crude for January delivery CLc1 was up 32 cents at $51.16 a barrel. Both contracts have lost nearly 1 percent so far this week.
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2016, December, 9, 18:40:00
OPEC OIL RECORD: 33.86 MBD
OPEC crude oil production for November rose for the sixth straight month, to a record 33.86 million b/d.
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2016, December, 8, 18:40:00
OIL PRICES: ABOVE $53 AGAIN
North Sea Brent crude was up 25 cents at $53.25 a barrel by 0940 GMT. U.S. light crude was up 20 cents at $49.97 a barrel.
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2016, December, 7, 19:05:00
OIL PRICES: STILL ABOVE $54
North Sea Brent crude oil LCOc1 was up 10 cents a barrel at $54.03 by 0950 GMT. U.S. light crude CLc1 was up 15 cents at $51.08 a barrel.
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2016, December, 6, 18:55:00
OIL PRICES: ABOVE $54
International Brent crude oil futures LCOc1 were trading at $54.83 per barrel at 1127 GMT, down 11 cents from Monday's close. U.S. West Texas Intermediate crude was at $51.50 a barrel, down 29 cents.
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2016, December, 5, 18:45:00
OIL PRICES: ABOVE $55
Brent crude oil futures LCOc1, the global benchmark used to trade oil, soared to its highest since July 6, 2015 to $55.20 a barrel. It last traded at $55.08 a barrel, up 62 cents, or 1.1 percent, at 0946 GMT.
WTI crude oil CLc1 traded up 54 cents, or 1 percent, at $52.22 a barrel.
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2016, December, 2, 19:05:00
OIL PRICES: ABOVE $53
Front-month Brent crude futures LCOc1 were down 45 cents, or 0.8 percent by 0951 GMT (4:51 a.m. ET) from their last settlement at $53.49 per barrel. The contract was up more than 13 percent this week, its biggest gain since March 2009.
U.S. West Texas Intermediate (WTI) futures CLc1 were at $50.68, down 38 cents.