All publications by tag «PRICE»
2017, September, 8, 09:10:00
OIL PRICE: ABOVE $54
U.S. West Texas Intermediate (WTI) crude futures were at $49.12 barrel at 0146 GMT, 4 cents below their last settlement, but not far off more than three-week highs reached in the previous session.
Brent crude futures, the benchmark for oil prices outside the United States, dipped 8 cents to $54.12 a barrel, though still not far from May highs reached the previous day.
2017, September, 6, 18:20:00
OIL PRICE: ABOVE $53
Brent LCOc1 had gained 51 cents to $53.89 a barrel by 1356 GMT. U.S. West Texas Intermediate (WTI) crude futures Clc1 were up 45 cents at $49.54 a barrel.
2017, September, 4, 12:40:00
OIL PRICE: NOT BELOW $ 52
Brent crude futures LCOc1, the international benchmark for oil prices, had fallen by almost 1 percent from their last close, or 41 cents, to $52.34 per barrel by 0655 GMT.
U.S. West Texas Intermediate (WTI) Clc1 crude futures were more stable, at $47.30 barrel, close to their last settlement.
2017, September, 4, 12:20:00
U.S. GAS UP TO 1.9%
In June 2017, for the first time in 15 months, dry natural gas production increased year-to-year from the same month a year ago. The preliminary level for dry natural gas production in June 2017 was 2,188 billion cubic feet (Bcf), or 72.9 Bcf/day. This level was a 1.3 Bcf/day (1.9%) increase from the June 2016 level of 71.6 Bcf/day.
2017, August, 31, 12:30:00
OIL PRICE: NOT ABOVE $51
The October light, sweet crude contract on NYMEX fell 13¢ on Aug. 29 to settle at $46.44/bbl while the November contract was up 4¢ to settle at $47/bbl.
The NYMEX natural gas price for September gained 3.6¢ to a rounded $2.96/MMbtu. The Henry Hub cash gas price was $2.88/MMbtu, down 4¢.
The Brent crude contract for October on London’s ICE was up 11¢ to $52/bbl. The November contract gained 24¢ to $51.66/bbl. The September gas oil contract was $484.50/tonne on Aug. 29, up 25¢.
The Organization of Petroleum Exporting Countries’ basket of crudes on Aug. 29 was $49.51/bbl, down 35¢.
2017, August, 29, 18:20:00
OIL PRICE: NOT ABOVE $52 AGAIN
International Brent crude futures LCOc1 were 32 cents lower at $51.57 per barrel, having traded as high as $52.19 earlier in the day.
U.S. West Texas Intermediate (WTI) crude CLc1 edged down 5 cents to $46.52 a barrel, after falling more than 2 percent in the previous session.
2017, August, 28, 20:00:00
OIL PRICE: NOT ABOVE $53 AGAIN
U.S. West Texas Intermediate (WTI) crude futures CLc1 were down 52 cents at $47.35 a barrel.
Brent crude LCOc1 was down 12 cents at $52.29 per barrel.
2017, August, 24, 14:30:00
OIL PRICE: NOT ABOVE $53
Brent crude futures, LCOc1 the international benchmark for oil prices, were at $51.92 per barrel at 0652 GMT, down 18 cents, or 0.4 percent, from their last close.
U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $48.70 a barrel, down 12 cents, or 0.3 percent.
2017, August, 24, 14:25:00
GAS PRICES: ABOVE $2.9
NYMEX September gas futures climbed 6.9 cents to $2.962/MMBtu as Monday's eclipse was projected to boost natural gas demand.
2017, August, 24, 14:20:00
OIL MARKET IS RIGHT
As of July 2017, the OPEC and participating non-OPEC producing countries achieved an impressive conformity level of 94 per cent. This is a demonstration of the commitment of participating producing countries to continue their cooperation towards the rebalancing of the market. The JMMC expressed great satisfaction with the results and steady progress made towards full conformity of the production adjustments, and encouraged all participating countries to achieve full conformity, for the benefit of producers and consumers alike. The JMMC also welcomed the participation of the UAE at the recent JTC meeting, where the UAE reiterated its commitment to adhere to its production adjustments for the remaining period of the Declaration of Cooperation.