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All publications by tag «OIL»

All publications by tag
2019, April, 17, 10:40:00

AUSTRALIA'S SANTOS PRODUCTION UP 33%

First quarter production of 18.4 mmboe was a record for Santos and 33% higher than the corresponding quarter, primarily due to sustained strong asset performance and the acquisition of Quadrant Energy.

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2019, April, 15, 12:20:00

OIL PRICE: ABOVE $71

Oil prices nudged lower on Monday after international benchmark Brent hit a fresh five-month high in the previous session, with investors eyeing mixed signals on global supply.

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2019, April, 15, 12:15:00

IRAN'S OIL FOR INDIA UP

REUTERS - India imported about 5 percent more oil from Iran in the last fiscal year through March as companies raised purchases ahead of U.S. sanctions against Tehran from November, preliminary tanker arrival data obtained from shipping and industry sources showed.

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2019, April, 15, 12:10:00

FRAGILE OIL MARKET

Iranian Minister of Petroleum Bijan Zangeneh said the current crude oil market was in a fragile state, adding, “If the US decided to exert more pressure on Iran, the oil market would become unpredictably more fragile.”

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2019, April, 15, 12:05:00

CHINA'S OIL INVESTMENT $74 BLN

China’s three state-owned oil companies are boosting domestic and overseas investment with the aim of increasing crude oil and natural gas output.

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2019, April, 15, 11:30:00

U.S. RIGS DOWN 3 TO 1,022

BHGE - U.S. Rig Count is down 3 rigs from last week to 1,022, with oil rigs up 2 to 833, gas rigs down 5 to 189, and miscellaneous rigs unchanged at 0. Canada Rig Count is down 2 rigs from last week to 66, with oil rigs down 4 to 18 and gas rigs up 2 to 48.

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2019, April, 12, 12:00:00

OIL PRICE: NEAR $71

Oil prices edged up on Friday, lifted by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on petroleum exporters Iran and Venezuela.

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2019, April, 12, 11:55:00

2019 GLOBAL OIL DEMAND EXCEED 100 MBD

Total world demand for the year is now expected to reach 99.91 mb/d and exceed the 100.00 mb/d threshold during 2H19. OECD oil demand growth is projected to reach 0.21 mb/d, with OECD Americas leading the increase, while oil demand in the non-OECD region is projected to rise by around 1.0 mb/d, with Other Asia and China being the primary contributors to growth.

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2019, April, 12, 11:45:00

RUSSIA COMMITTED TO OPEC+

“Russia will not increase its output unless in coordination with the rest of OPEC and OPEC+ countries,” Mazroui said. “I believe in the wisdom of Russia, and I believe that Russia has benefited from this agreement... I don’t see any reason for Russia not to continue with us.”

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2019, April, 12, 11:40:00

OIL PRODUCTION DOWN, PRICES UP

Production by OPEC countries in March was 2.2 mb/d lower than in November and now there is uncertainty concerning Libya. Production by non-OPEC producers in 1Q19 was 0.7 mb/d lower than in 4Q18.

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OIL (928)
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GAZPROM (201)
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U.S. (163)
CHINA (155)
PRICES (116)
LNG (106)
OPEC (103)