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All publications by tag «OIL»

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2016, September, 6, 18:35:00
URALS: $39,36
Средняя цена нефти марки Urals по итогам января-августа 2016 года составила $39,36 за баррель.
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2016, September, 5, 18:55:00
OPEC PRODUCTION UP TO 33.7 MBD
Supplies from the Organization of Petroleum Exporting Countries rose by 120,000 barrels a day to average 33.69 million a day in August amid increases by Iran, Iraq and Kuwait, the survey of analysts, oil companies and ship-tracking data showed. The group is due to hold informal talks in three weeks in Algiers, where Russian President Vladimir Putin says an agreement can be reached to limit output.
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2016, September, 5, 18:50:00
ASIA'S OIL PRODUCTION DOWN
Asia's net oil imports surpassed the total amount of oil consumed in North America in 2015 and are set to rise after producers slashed spending on exploration and production on low oil prices, leaving oilfields at risk of sharp production declines in the next decade.
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2016, September, 5, 18:45:00
SAUDI RAISED PRICES
State-owned Saudi Arabian Oil Co., known as Aramco, increased its official selling price for Arab Light crude to Asia by 90 cents a barrel, to 20 cents below the regional benchmark, it said Sunday in an e-mailed statement. The company had been expected to raise Arab Light prices by 50 cents a barrel, to 60 cents less than the benchmark for Asian buyers, according to the median estimate in a Bloomberg survey of seven refiners and traders in the region.
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2016, September, 5, 18:40:00
QATAR'S RATINGS "AA"
Fitch Ratings has announced it affirmed Qatar's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'AA'. The issue ratings on Qatar's senior unsecured foreign-currency bonds are also affirmed at 'AA'; the Country Ceiling at 'AA+', and the Short-Term Foreign- and Local-Currency IDRs at 'F1+'.
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2016, September, 5, 18:35:00
PETROBRAS CUTS 11,704 JOBS
In April, the company said it expected up to 12,000 employees to leave as part of the layoff program.
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2016, September, 5, 18:30:00
U.S. RIGS UP 8
U.S. Rig Count is down 367 rigs from last year's count of 864, with oil rigs down 255, gas rigs down 114, and miscellaneous rigs up 2. Canadian Rig Count is down 50 rigs from last year's count of 187, with oil rigs down 1, and gas rigs down 49.
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2016, September, 2, 18:40:00
OIL PRICE COMPROMISE
“From the viewpoint of economic sense and logic, then it would be correct to find some sort of compromise,” Putin said in an interview in Vladivostok. “I am confident that everyone understands that. We believe that this is the right decision for world energy.”
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2016, September, 2, 18:35:00
CONFLICTING OIL PRICES: $45.7
On the New York Mercantile Exchange, light, sweet crude futures for delivery in October traded at $43.35 a barrel at 0358 GMT, up $0.19 in the Globex electronic session. November Brent crude on London's ICE Futures exchange rose $0.22 to $45.67 a barrel. Week-to-date, both benchmarks were last down by around 9%, the biggest slump since the week of January 10 when prices dropped 11%.
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2016, September, 1, 18:45:00
SAUDI STABILIZES PRICES
The country is able to pump as much as 12.5 million barrels a day of oil, he said in comments broadcast during an official visit to buyers in Asia, its biggest market, including China.