All publications by tag «BRENT»
2015, April, 16, 19:20:00HARD OIL OUTLOOK
The rebalancing of the global oil market may still be in its early stage with the outlook “only getting murkier”, according to the International Energy Agency, as uncertainties remain about demand and supply responses to the steep drop in prices.
2015, March, 25, 20:00:00BRENT OILFIELDS BUYING
Deals for North Sea oilfields — which have been held back by the plummeting price of Brent crude — could soon come back on stream, as a new tax cut helps to draw in private equity investors.
2015, February, 28, 18:50:00THEY ROCK THE MARKETS
“Why do you want to rock the markets? The markets are calm. Demand is growing,” al-Naimi told reporters in Jazan, Saudi Arabia.
2015, February, 14, 14:55:00OIL PRICE: FIRSTLY $60/BBL
Oil tops $60 for first time in 2015, industry cutbacks support
2015, February, 14, 14:50:00OIL PRICES: 2015: $58/BBL; 2016: $75/BBL
Brent crude oil prices will average $58/bbl in 2015 and $75/bbl in 2016
2015, February, 7, 16:25:00OIL PRICES UP
Crude oil prices on the New York market bounced up $2/bbl to settle slightly above $50/bbl Feb. 5. The positive momentum continued during early Jan. 6 trading in what has proved to be a turbulent week for oil prices.
2015, January, 25, 17:35:00OIL: CURRENCY DEPRECIATION
Currency depreciation against the dollar affects oil importers and exporters differently
2015, January, 17, 22:15:00OIL PRICE EXPECTATIONS
The growing uncertainty surrounding oil prices presents a major challenge to all price forecasts. EIA's January Short-Term Energy Outlook (STEO), released yesterday, forecasts Brent crude oil prices averaging $58/bbl in 2015 and $75/bbl in 2016, with annual average WTI prices expected to be $3/bbl to $4/bbl below Brent.
2015, January, 17, 21:50:00OPEC: OIL DEMAND IS GROWING
In 2015, world oil demand is anticipated to rise by 1.15 mb/d, following an upward revision of 30 tb/d due to expectations of higher oil requirements in OECD America and Other Asia.
2015, January, 14, 21:30:002015: $58/BBL
December was the sixth consecutive month in which monthly average Brent prices decreased, falling $17/barrel (bbl) from November to a monthly average of $62/bbl, the lowest since May 2009. The December price decline reflects continued growth in U.S. tight oil production, strong global supply, and weakening outlooks for the global economy and oil demand growth.