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All publications by tag «OPEC»

All publications by tag
2018, April, 18, 13:14:00
OIL PRICE: ABOVE $72 AGAIN
REUTERS - Brent crude oil futures LCOc1 were at $72.07 per barrel at 0659 GMT, up 49 cents, or 0.7 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 49 cents, or 0.7 percent, at $67.01 a barrel.
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2018, April, 18, 13:12:00
RUSSIA - OPEC DIMENSION
PLATTS - Russia is committed to its OPEC pact with Saudi Arabia and will continue supplying Europe energy despite tensions with the West after US-led strikes on Bashar al-Assad's Syrian regime, said Vladimir Putin's spokesman.
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2018, April, 16, 09:50:00
OIL PRICE: NOT ABOVE $72
REUTERS - Oil prices slipped with Brent crude futures LCOc1 off 66 cents at $71.92 a barrel, while U.S. crude CLc1 fell 56 cents to $66.83 a barrel.
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2018, April, 13, 18:10:00
OIL PRICE: ABOVE $72
REUTERS - Recovering from earlier losses, Brent crude LCOc1 was up 28 cents at $72.30 a barrel by 1301 GMT and set for a weekly gain of almost 8 percent, or about $5.U.S. crude for May delivery CLc1 rose 28 cents to $67.35, up more than 8 percent, or about $5, for the week.
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2018, April, 13, 18:05:00
OPEC - RUSSIA COOPERATION TO 2019
REUTERS - “There is growing confidence that the declaration of cooperation will be extended beyond 2018,” Barkindo told. “Russia will continue to play a leading role.”
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2018, April, 13, 18:00:00
OPEC RETURN INVESTMENT
PLATTS - "Since 2013-2014 we have seen a rapid drop off in investment which we believe will bite the consumers and the industry as a whole," Falih said at a media briefing at the International Energy Forum. "We are trying to signal to the market, to the investors, to the financial community, to international oil companies to put investments back into the upstream."
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2018, April, 13, 17:55:00
HARD OIL MARKET
BLOOMBERG - OPEC said its oil output fell to the lowest in a year last month amid reduced supplies from Venezuela and Saudi Arabia, suggesting global markets may tighten sharply later this year.
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2018, April, 11, 13:40:00
OIL PRICE: ABOVE $71
REUTERS - Brent crude has gained 5.7 percent this week, rising to $71.34 a barrel on Tuesday, the highest since late 2014, although the price has since fallen back and was $70.98 a barrel by 0907 GMT LCOc1, down 6 cents.U.S. crude futures CLc1 were at $65.55 a barrel, up 4 cents on the day.
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2018, April, 11, 13:35:00
RUSSIA - OPEC UNLIMITED
PLATTS - Maintaining a long-term oil management alliance with Russia and other allies will allow OPEC producers to react more quickly to changing fundamentals and stabilize the market,
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2018, April, 11, 13:25:00
OIL PRICE 2018-19: $63
EIA - Brent crude oil spot prices averaged $66 per barrel (b) in March. EIA forecasts Brent spot prices will average about $63/b in both 2018 and 2019. EIA expects West Texas Intermediate (WTI) crude oil prices to average $4/b lower than Brent prices in both 2018 and 2019. NYMEX WTI futures and options contract values for July 2018 delivery that traded during the five-day period ending April 5, 2018, suggest a range of $52/b to $78/b encompasses the market expectation for July 2018 WTI prices at the 95% confidence level.