All publications by tag «OIL»
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2019, July, 20, 11:35:00
U.S. RIGS DOWN 4 TO 954
U.S. Rig Count is down 4 rigs from last week to 954, with oil rigs down 5 to 779, gas rigs up 2 to 174, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 1 rig from last week to 118, with oil rigs down 2 to 83 and gas rigs up 3 to 35.
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2019, July, 15, 12:00:00
U.S. RIGS DOWN 5 TO 958
U.S. Rig Count is down 5 rigs from last week to 958, with oil rigs down 4 to 784, gas rigs down 2 to 172, and miscellaneous rigs up 1 to 2. U.S. Rig Count is down 5 rigs from last week to 958, with oil rigs down 4 to 784, gas rigs down 2 to 172, and miscellaneous rigs up 1 to 2.
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2019, July, 12, 08:30:00
OIL PRICE: NEAR $67
Brent for September settlement rose 38 cents, or 0.6%, to $66.90 a barrel on the ICE Futures Europe Exchange. Prices are up 4.2% this week. The global benchmark crude traded at a $6.32 premium to WTI for the same month.
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2019, July, 12, 08:10:00
GLOBAL OIL DEMAND GROWTH 2019-20: 1.14 MBD
In 2019, the global oil demand growth forecast remains at 1.14 mb/d, with expectations for global oil demand to reach 99.87 mb/d. In 2020, the initial forecast indicates growth of around 1.14 mb/d y-o-y, as global oil demand is anticipated to surpass the 100 mb/d threshold on an annual basis, to average 101.01 mb/d for the year.
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2019, July, 12, 08:05:00
OIL, GAS IS A KEY
The Organisation of the Petroleum Exporting Countries on Monday said that oil and gas remained part of key solutions in combating climate change. Secretary-General of the organisation, Mr Mohammad Barkindo, stated this in Vienna while speaking against the backdrop of mass mobilisation of civil society campaigns against the oil industry.
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2019, July, 10, 12:55:00
OIL PRICE: NEAR $65 AGAIN
WTI had climbed 93 cents, or 1.6%, to $58.76, having earlier risen to $58.84. Brent was up 70 cents, or 1.1%, at $64.86, after earlier touching $64.95.
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2019, July, 10, 12:50:00
OIL PRICES 2019-20: $67 ANEW
The Energy Information Administration (EIA) forecasts Brent spot prices will average $67/b in the second half of 2019 and remain at that level in 2020. EIA expects West Texas Intermediate (WTI) crude oil prices will average $62/b in the second half of 2019 and $63/b in 2020.
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2019, July, 9, 17:20:00
OIL PRICE: NEAR $64
Brent crude rose 15 cents to $64.26 a barrel , U.S. West Texas Intermediate crude was up 9 cents to $57.75.
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2019, July, 9, 17:15:00
RUSSIA'S OIL PRODUCTION DOWN TO 10.79 MBD
Industry sources said Russian oil output fell to 10.79 million barrels per day (bpd) in early July, lower than the level agreed under a deal on curbing supply reached with OPEC and other producers.
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2019, July, 8, 13:05:00
OIL PRICE: ABOVE $64
Brent crude futures were up 34 cents by 0908 GMT at $64.57. U.S. West Texas Intermediate (WTI) was up 18 cents at $57.69 a barrel.