All publications by tag «OIL»
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2018, July, 6, 12:01:00
OIL PRICE: NEAR $77 YET
REUTERS - Yet by 0649 GMT, U.S. West Texas Intermediate (WTI) crude futures were up 16 cents, or 0.2 percent, from their last settlement at $73.10 per barrel. Brent crude futures LCOc1 were down 7 cents, or 0.1 percent, at $77.32.
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2018, July, 6, 11:45:00
IRAN'S OIL IS IMPORTANT
SHANA - Donald Trump's call on other countries to stop buying crude oil from Iran and putting European companies under pressure would be a kind of self-harm for the US leading to dramatic price hikes in the oil market, given Nigeria and Libya being crisis-stricken, Venezuela's crude oil output having plunged and Saudi Arabia's domestic consumption spike in summer, Iran's OPEC Governor says.
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2018, July, 4, 12:45:00
OIL PRICE: NEAR $78 AGAIN
REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1 rose 46 cents, or 0.6 percent, to $74.60 a barrel at 0343 GMT (11.43 p.m. ET), compared with their last settlement. On Tuesday, WTI hit its highest since November 2014 at $75.27. Brent crude futures LCOc1 were changing hands at $78.10 per barrel, up 34 cents, or 0.4 percent, from their last close.
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2018, July, 4, 12:20:00
SAUDI ARABIA & RUSSIA: +1 MBD
BLOOMBERG - Saudi Arabia and Russia reaffirmed an agreement between OPEC and its allies, which they say will mean increasing oil production by 1 million barrels a day.
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2018, July, 2, 12:25:00
OIL PRICE: ABOVE $78
REUTERS - Benchmark Brent crude oil LCOc1 fell $1.24 a barrel to a low of $77.99 before recovering to $78.40, down 83 cents, by 0735 GMT. U.S. light crude CLc1 was 50 cents lower at $73.65.
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2018, July, 2, 12:15:00
KUWAIT'S OIL UP
REUTERS - Kuwait will raise oil output by 85,000 barrels per day (bpd)starting on Sunday, part of an agreement between OPEC and non-OPEC producers to increase production by one million bpd, Energy Minister Bakhit al-Rashidi told a local newspaper on Saturday.
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2018, July, 2, 12:10:00
LIBYA'S OIL DOWN
REUTERS - Libya’s oil production has been reduced to 315,000 barrels per day (bpd) as storage tanks at Hariga and Zueitina ports fill up due to eastern officials blocking exports, two Libyan oil sources said
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2018, July, 2, 12:05:00
IRANIAN OIL FOR INDIA
PLATTS - India's oil ministry has instructed state-run refiners such as Indian OilCorp., Hindustan Petroleum Corp. Ltd. and Bharat Petroleum Corp. Ltd. toscout for alternative sources to Iranian oil.
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2018, July, 2, 11:40:00
U.S. RIGS DOWN 5 TO 1,047
BAKER HUGHES A GE - U.S. Rig Count is down 5 rigs from last week to 1,047, with oil rigs down 4 to 858, gas rigs down 1 to 187 and miscellaneous rigs unchanged at 2. Canada Rig Count is up 12 rigs from last week to 172, with oil rigs up 14 to 117 and gas rigs down 2 to 55.
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2018, June, 29, 10:55:00
OIL PRICE: NEAR $78
REUTERS - U.S. light crude oil CLc1 was 20 cents lower at $73.25 a barrel at 0730 GMT. On Thursday, the contract hit its highest since November 2014 at $74.03 per barrel. Brent crude LCOc1 was unchanged at $77.85 a barrel.