All publications by tag «OIL»
![All publications by tag](/cache/06-20/price-485.eefde8f0.jpg)
2020, June, 10, 12:55:00
OIL PRICES 2020-21: $37-$48
monthly Brent prices will average $37/b during the second half of 2020 and rise to an average of $48/b in 2021.
![All publications by tag](/cache/06-20/bp-112.e460f6b8.jpg)
2020, June, 10, 12:20:00
BP CUTTING 10,000 JOBS, $3 BLN
BP will begin a process of cutting 10,000 jobs following the end of a three-month redundancy freeze that started in March.
![All publications by tag](/cache/06-20/price-484.0eb4510c.jpg)
2020, June, 9, 17:50:00
OIL PRICE: ABOVE $40 ANEW
Brent was down 52 cents, or 1.3%, at $40.28 a barrel, WTI fell 27 cents, or 0.7%, to $37.92.
![All publications by tag](/cache/06-20/price-478.aa42fb3c.jpg)
2020, June, 8, 13:45:00
OIL PRICE: NEAR $43
Brent was up 50 cents, or 1.2%, at $42.80 per barrel, WTI rose 31 cents, or 0.8%, to $39.86 a barrel.
![All publications by tag](/cache/06-20/iraq-74.d4dd4c12.jpg)
2020, June, 8, 13:25:00
IRAQ OIL PRODUCTION 4.2 MBD
Iraq's output was well above its quota of 3.592 million b/d for May and June. as agreed under the historic production cuts of OPEC and its allies, led by Russia.
![All publications by tag](/cache/06-20/energy-141.594ee3ac.jpg)
2020, June, 8, 13:20:00
GLOBAL ENERGY INVESTMENT WILL DOWN $400 BLN
The spread of the Covid-19 pandemic has upended these expectations, and 2020 is now set to see the largest decline in energy investment on record, a reduction of one-fifth – or almost USD 400 billion – in capital spending compared with 2019.
![All publications by tag](/cache/06-20/lukoil-53.822eedac.jpg)
2020, June, 8, 12:50:00
LUKOIL NET LOSS RUB 46 BLN
In the first quarter of 2020, LUKOIL booked a loss attributable to shareholders in the amount of RUB 46.0 bln.
![All publications by tag](/cache/06-20/rig-171.5841ad29.jpg)
2020, June, 8, 12:40:00
U.S. RIGS DOWN 17 TO 284
U.S. Rig Count is down 17 rigs from last week to 284, Canada Rig Count is up 1 rig from last week to 21
![All publications by tag](/cache/06-20/price-474.0735738d.jpg)
2020, June, 5, 12:45:00
OIL PRICE: ABOVE $40
Brent were up 27 cents, or 0.7%, at $40.26 a barrel, WTI rose 17 cents, or 0.5%, to $37.58 a barrel.
![All publications by tag](/cache/06-20/norway-36.e70699d8.jpg)
2020, June, 5, 12:15:00
NORWAY CUT INVESTMENT
Oil companies, including Norway’s state-controlled Equinor, have said they intend to reduce both operating and capital spending in order to preserve cash during the downturn.