All publications by tag «OIL»
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2018, October, 4, 14:40:00
U.S. OIL INVENTORIES DOWN
U.S. EIA - Crude oil inventories held at Cushing, Oklahoma, decreased by more than half since this time last year, recently falling to lows last reached in 2014. Logistical factors and strong demand for crude oil from both domestic refining and exports markets have contributed to the steep year-over-year decrease.
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2018, October, 3, 09:10:00
OIL PRICE: NEAR $85
REUTERS - Brent crude oil futures LCOc1 were at $84.86 per barrel at 0340 GMT, up 6 cents from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were up just 1 cent at $75.24 a barrel.
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2018, October, 3, 08:55:00
PRICE COULD BE $100
CNBC - International benchmark Brent crude traded at around $81.87 on Thursday, up around 0.65 percent, while U.S. West Texas Intermediate (WTI) stood at $72.32, more than 1 percent higher.
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2018, October, 3, 08:35:00
UAE ECONOMY'S GROWTH
IMF - The UAE economy has been adapting well to a prolonged decline in oil prices since 2014. A gradual recovery in non-oil activity is under way. With oil production and government spending set to rise, overall growth is projected to strengthen to 2.9 percent this year and 3.7 percent next year. Inflation is projected at 3.5 percent this year owing to the introduction of the value-added tax and should ease afterwards. The fiscal deficit is expected to remain stable at about 1.6 percent of GDP this year and turn to a surplus next year. The current account surplus will exceed 7 percent of GDP this year.
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2018, October, 3, 08:30:00
JAPAN NEED HELP
PLATTS - Japan continued to press for relief from US sanctions against Iran's oil customers during a meeting in Washington this week and urged US counterparts to consider the impact on the Japanese economy.
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2018, October, 3, 08:15:00
EQUINOR ACQURIES 40%
EQUINOR - Equinor has signed an agreement to acquire Chevron’s 40% operated interest in the Rosebank project, one of the largest undeveloped fields on the UK Continental Shelf (UKCS).
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2018, October, 1, 11:45:00
OIL PRICE: NEAR $83
REUTERS - Benchmark Brent crude oil futures LCOc1 rose to as much as $83.32 a barrel on Wednesday and were at $83.09 at 0335 GMT, still 36 cents, or 0.4 percent above their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 19 cents, or 0.3 percent, at $73.44 a barrel.
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2018, October, 1, 11:35:00
U.S. JULY OIL PRODUCTION 10.964 MBD
U.S. EIA - US oil production average 10.964 million b/d in July. Production in July was up 1.73 million b/d from July 2017. U.S. natural gas production average 100,243 million cubic feet per day. Production in July was up 11,093 mcfd from July 2017.
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2018, October, 1, 11:30:00
IRANIAN OIL FOR JAPAN UP 65%
PLATTS - Japan's crude oil imports from Iran jumped 65% year on year in August, marking the fourth consecutive month of increase, according to government trade data released Thursday.
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2018, October, 1, 11:25:00
IRAN'S OIL FOR CHINA DOWN
REUTERS - China’s Sinopec Corp is halving loadings of crude oil from Iran this month, as the state refiner comes under intense pressure from Washington to comply with a U.S. ban on Iranian oil from November, said people with knowledge of the matter.