All publications by tag «OIL»
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2018, September, 3, 15:05:00
UNIMPORTANT RUSSIA SANCTIONS
FT - Higher energy prices and a weakened rouble saw second-quarter profits soar at three of Russia’s largest oil and gas groups, underlining a strong earnings season for the country’s energy industry that has weathered international sanctions to reap strong earnings.
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2018, September, 3, 14:55:00
LIBYAN OIL UP
PLATTS - Libya's crude oil production edged up again this week, with increased output from two smaller fields in the east of the country, sources said Friday.
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2018, September, 3, 14:30:00
U.S. RIGS UP 4 TO 1,048
BAKER HUGHES A GE - U.S. Rig Count is up 4 rigs from last week to 1,048, with oil rigs up 2 to 862, gas rigs up 2 to 184, and miscellaneous rigs unchanged at 2. Canada Rig Count is down 1 rig from last week to 228, with oil rigs down 2 to 151 and gas rigs up 1 to 77.
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2018, August, 31, 11:40:00
OIL PRICE: ABOVE $77
REUTERS -International Brent crude oil futures LCOc1 were at $77.64 per barrel at 0654 GMT, down 13 cents from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were unchanged at $70.25 a barrel.
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2018, August, 31, 11:20:00
CHINA'S OIL PRODUCT CONSUMPTION UP BY 7.2%
PLATTS - China's consumption of oil products rose 7.2% year on year to 27.54 million mt in July, data released Tuesday by the National Development and Reform Commission showed.
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2018, August, 31, 11:00:00
KASHAGAN OIL PRODUCTION: 470 TBD
PLATTS - Oil production at Kazakhstan's giant Kashagan field could be as high as 470,000 b/d under its first development phase, the head of the consortium overseeing the field, Brune Jardin, has said, while also noting plans for a big maintenance shutdown, and for development of nearby fields with China's CMOC.
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2018, August, 29, 10:55:00
OIL PRICE: NOT ABOVE $76 YET
REUTERS - International Brent crude oil futures LCOc1 were at $75.69 per barrel at 0654 GMT, down 26 cents, or 0.3 percent, from their last close.
U.S. West Texas Intermediate (WTI) crude futures CLc1 were down 12 cents, or 0.2 percent, at $68.41 a barrel.
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2018, August, 29, 10:35:00
SOUTH CHINA SEA OIL TRADE
U.S. EIA - The South China Sea is a major trade route for crude oil, and in 2016, more than 30% of global maritime crude oil trade, or about 15 million barrels per day (b/d), passed through the South China Sea.
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2018, August, 29, 10:30:00
IRAN'S OIL EXPORTS DOWN AGAIN
REUTERS - Iran’s crude oil and condensate exports in August are set to drop below 70 million barrels for the first time since April 2017, well ahead of the Nov. 4 start date for a second round of U.S. economic sanctions.
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2018, August, 29, 10:15:00
NORWAY'S OIL WILL BETTER
REUTERS - Norway’s 2018 oil production is so far coming below the Norwegian Petroleum Directorate’s forecasts due to a couple of unplanned offshore shutdowns, though Nyland cautioned the situation may turn before the end of the year.