All publications by tag «OIL»
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2019, August, 28, 13:05:00
OIL PRICE: NEAR $60 AGAIN
Brent crude futures LCOc1 climbed 59 cents, or 1.0%, to $60.10 a barrel by 0652 GMT. West Texas Intermediate (WTI) crude futures CLc1 gained 70 cents, or 1.3%, to $55.63 a barrel.
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2019, August, 28, 13:00:00
OPEC CONFORMITY 159%
The JMMC noted the overall conformity of 159% in July 2019 was 22 pp higher than in June 2019, and the average conformity of 134% since January 2019 was the highest to date in 2019. This high level of overall conformity has offset uncertainty in the market due to ongoing economic growth worries.
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2019, August, 28, 12:30:00
IRAN'S OIL FOR CHINA UP
China's crude oil imports from Iran rose 4.7% month on month to 926,119 b/d in July, while the US ranked as the eighth largest crude supplier as shipments surged to a 13-month high of 362,364 b/d,
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2019, August, 26, 15:55:00
OIL PRICE: NEAR $60 YET
Brent was up 38 cents, or 0.64%, at $59.72 a barrel, WTI was up 54 cents, or 1%, at $54.71 a barrel.
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2019, August, 26, 15:40:00
CHINA FOR U.S. OIL: +5%
China has announced a 5% tariff on imported US crude oil in retaliation for US President Donald Trump’s recent escalation of the countries’ trade war.
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2019, August, 26, 15:25:00
NIGERIA'S OIL PRODUCTION UP TO 2.2 MBD
Nigeria's oil production hovered around 2.2 million b/d in the first week of August, compared with around 1.92 million b/d a year ago.
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2019, August, 26, 15:00:00
U.S. RIGS DOWN 19 TO 916
U.S. Rig Count is down 19 rigs from last week to 916, with oil rigs down 16 to 754, gas rigs down 3 to 162, and miscellaneous rigs unchanged at 0. U.S. Rig Count is down 19 rigs from last week to 916, with oil rigs down 16 to 754, gas rigs down 3 to 162, and miscellaneous rigs unchanged at 0.
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2019, August, 23, 11:20:00
OIL PRICE: NEAR $60 ANEW
Brent rose 29 cents, or 0.5%, to $60.21 a barrel, WTI were at $55.53 a barrel, up 18 cents, or 0.3%.
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2019, August, 23, 10:50:00
ROSNEFT SALES VENEZUELA'S OIL
Rosneft, which produces around five percent of the world’s oil, is now taking care of shipping and marketing operations for the bulk of Venezuelan oil exports, ensuring that PDVSA can continue to supply buyers.
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2019, August, 23, 10:25:00
U.S. WANT VIETNAM OIL AND GAS
U.S. energy firms had interests in the South China Sea and Washington was “committed to bolstering the energy security of our partners and allies in the Indo-Pacific region and in ensuring uninterrupted regional oil and gas production for the global market.”U.S. warships have conducted periodic “freedom of navigation” operations in the South China Sea to challenge China’s claim to nearly all of the strategic waterway.