All publications by tag «OIL»
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2018, October, 31, 13:20:00
OIL PRICE: NEAR $77 AGAIN
REUTERS - Benchmark Brent crude oil LCOc1 was up 80 cents at $76.71 a barrel by 0840 GMT. The contract fell 1.8 percent on Tuesday, at one point touching its lowest since Aug. 24 at $75.09. U.S. light crude CLc1 was up 60 cents at $66.78. It hit a two-month low of $65.33 a barrel on Tuesday.
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2018, October, 31, 13:15:00
OIL & GAS CONSOLIDATION
PLATTS - Consolidation through the oil and gas sector is heating up, spurred in many cases by too many small companies, lack of operator scale, profits and in the oilfield services segment, an inability to raise prices after the recent downturn, industry executives said
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2018, October, 31, 13:10:00
IRAN - CHINA SPECIAL CONDITIONS
PLATTS - China's Sinopec is in discussions with government authorities and suppliers regarding its Iranian crude imports and is trying to make special arrangements on the flow in the coming weeks, an executive said during the company's third quarter results briefing call
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2018, October, 29, 12:55:00
OIL PRICE: NEAR $77
REUTERS - Front-month Brent crude oil futures LCOc1 were trading down 46 cents, or 0.6 percent, at $77.16 a barrel at 0745 GMT. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $67.19 a barrel, down 40 cents, or 0.6 percent.
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2018, October, 29, 12:45:00
OPEC: CONFORMITY LEVEL 111%
OPEC - The JMMC noted that countries participating in the ‘Declaration of Cooperation’ achieved a conformity level of 111% in September 2018, which shows significant progress towards the goal set at the 4th OPEC and non-OPEC Ministerial Meeting of 23 June 2018.
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2018, October, 29, 12:40:00
RUSSIA: NO REASON OIL FREESE
REUTERS - Russian Energy Minister Alexander Novak said on Saturday there was no reason for Russia to freeze or cut its oil production levels, noting that there were risks that global oil markets could be facing a deficit.
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2018, October, 29, 12:01:00
U.S. RIGS UP 1 T0 1,068
BHGE - U.S. Rig Count is up 1 rig from last week to 1,068, with oil rigs up 2 to 875 and gas rigs down 1 to 193. Canada Rig Count is up 9 rigs from last week to 200, with oil rigs up 1 to 124, gas rigs up 8 to 76, and miscellaneous rigs unchanged at 0.
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2018, October, 26, 13:00:00
OIL PRICE: NOT ABOVE $77
REUTERS - Brent crude oil LCOc1 was down 70 cents at $76.19 per barrel by 0740 GMT, on course for a weekly loss of more than 4 percent. It has fallen by close to $10 in the last three weeks. U.S. crude CLc1 was 70 cents lower at $66.63, set for a 3.5 percent loss this week.
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2018, October, 26, 12:30:00
UPSTREAM NEEDS INVESTMENT
OGJ - Spending on worldwide oil and gas developments needs to increase by about 20% to meet future demand growth and ensure companies sustain production over the next decade,
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2018, October, 26, 12:15:00
EQUINOR NET INCOME $1,666 MLN
EQUINOR - Equinor reports adjusted earnings of USD 4.8 billion and USD 2.0 billion after tax in the third quarter of 2018. IFRS net operating income was USD 4.6 billion and the IFRS net income was USD 1.7 billion.