All publications by tag «OIL»
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2016, November, 30, 18:55:00
OIL PRICES: ABOVE $49 ANEW
Brent crude, the international oil marker, rose more than $3.00, or 7.2 per cent, to $49.73 in the late morning in London.
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2016, November, 30, 18:45:00
OIL INVESTMENT: -$1.99 TLN + $630 BLN
Oil companies around the world have together added $630 billion to their market value this year, the biggest gain in six years following a 30 percent rise in benchmark Brent crude. This follows a $1.2 trillion loss in value last year and $790 billion in 2014 as crude prices plunged.
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2016, November, 30, 18:35:00
LUKOIL NET INCOME DOWN 55%
EBITDA decreased by 12.5% quarter-on-quarter mainly because of negative crude oil export duty time lag effect, which was partially offset by higher refining margins in Russia. Profit attributable to shareholders was 54.8 bln RUB, down 12.4% from the second quarter of 2016.
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2016, November, 30, 18:30:00
ТОРГИ URALS
«Прямые котировки нефти марки Urals – это то, что необходимо российской нефтяной отрасли, чтобы занять достойное место в мировой системе ценообразования на энергоносители. Важно, что ценообразование на экспортируемую российскими компаниями нефть будет осуществляться в Российской Федерации и сорту Urals будет придан тот заслуженный вес, который он де-факто занимает в международной торговле нефтью.».
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2016, November, 28, 19:05:00
OIL PRICES: ABOUT $46 ANEW
Brent crude futures LCOc1 fell as far as 2 percent before clawing back to trade up 29 cents at $47.44 per barrel at 1008 GMT.
U.S. West Texas Intermediate (WTI) crude futures CLc1 also recouped early losses and were trading up 15 cents at $46.21 per barrel.
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2016, November, 28, 19:00:00
2017: DEMAND RECOVERY
“We expect demand to recover in 2017, then prices will stabilize, and this will happen without an intervention from OPEC,” Al-Falih said in Dhahran, eastern Saudi Arabia, on Sunday, according to the Saudi newspaper Asharq al-Awsat. “We don’t have a single path which is to cut production at the OPEC meeting, we can also depend on recovery in consumption, especially from the U.S.”
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2016, November, 28, 18:50:00
OPEC CAN CUT
"The general trend and public statements suggest that OPEC can reach a viable agreement for its production and market management."
"If we can agree, and I am optimistic, (oil) prices will increase and this is also what the world economy demands."
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2016, November, 28, 18:45:00
LIBYA WON'T CUT
"Libya is in such a dangerous economic situation, there is no way it can participate in OPEC production cuts for the foreseeable future," NOC Chairman Mustafa Sanalla told delegates at the Arab-Austrian Economic Forum in Vienna on Friday, according to an NOC statement.
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2016, November, 28, 18:40:00
NIGERIAN OIL CRISIS
“Security and access to funding are the biggest challenges right now to private sector players,” says Kola Karim, managing director of domestic producer Shoreline Energy. “The situation is really tough.”
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2016, November, 24, 18:45:00
OIL PRICES: ABOUT $49 ANEW
At 1040 GMT (5:40 a.m. ET), Brent crude futures LCOc1 were trading at $48.89, down 6 cents from their close. U.S. West Texas Intermediate (WTI) crude CLc1 was down 2 cents at $47.94 per barrel.