All publications by tag «OIL»
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2019, May, 2, 17:15:00
OIL PRICE: NOT ABOVE $72
Brent crude oil futures were at $71.47 per barrel, U.S. West Texas Intermediate crude futures were down 76 cents at $62.84 per barrel.
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2019, May, 2, 17:00:00
OPEC + RUSSIA OBLIGATIONS
Russia is meeting its obligations under the OPEC/non-OPEC crude production agreement, and participants remain committed to the arrangement, despite ongoing uncertainty over world energy market developments.
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2019, May, 2, 16:55:00
OPEC + IRAN, VENEZUELA
OPEC is due to meet in June, where the Iran question will no doubt be raised. But oil and gas leaders are taking a cautious approach, with Kuwait's oil minister Khaled Al Fadhel noting that a decision would be taken only after a review of oil prices.
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2019, May, 2, 16:45:00
IRAN'S ELIMINATION IS IMPOSSIBLE
Asked whether Iran’s oil could be removed from the market, Mr. Barkindo said: “No repetition is needed. Eliminating Iran from the oil market is impossible.”
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2019, May, 2, 16:40:00
RUSSIA'S OIL CLEANING
Operators of Belarus, Ukrainian, Hungarian and Slovakian sections of troubled Druzhba network have agreed on technical measures to clean contaminated oil from part of the system and expect normal quality oil from Russia to start entering Belarus and Urkaine in the coming days, Ukrainian pipeline operator Ukrtransnafta said Tuesday.
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2019, April, 29, 12:00:00
OIL PRICE: ABOVE $71 ANEW
Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald Trump demanded that producer club OPEC raise output to soften the impact of U.S. sanctions against Iran.
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2019, April, 29, 11:55:00
URALS QUALITY PROBLEMS
Poland, Germany, Ukraine and some other countries suspended imports of Russian oil via the Druzhba pipeline this week due to the contamination. Russia said it plans to restore the pipeline to Europe to stability in two weeks.
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2019, April, 29, 11:40:00
IRAN, CHINA OIL 543 TBD
China's crude oil imports from Iran, the March volume rose 6.2% from February on a barrels-per-day basis, despite dropping by a quarter from the same month of last year.
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2019, April, 29, 11:30:00
OIL PRICE: WILL BE $100
"Not extending the oil waivers of some countries is another side of the US measures against Iran. But if Iran's oil is fully sanctioned, oil price will go higher than $100 per barrel,"
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2019, April, 29, 10:50:00
U.S. RIGS DOWN 21 TO 991
BHGE - U.S. Rig Count is down 21 rigs from last week to 991, with oil rigs down 20 to 805, gas rigs down 1 to 186, and miscellaneous rigs unchanged at 0. Canada Rig Count is down 3 rigs from last week to 63, with oil rigs unchanged at 19 and gas rigs down 3 to 44.