All publications by tag «OIL»
2019, October, 14, 14:15:00OIL PRICE: NEAR $59
Brent dropped $1.46 to $59.05 a barrel, WTI lost $1.27 at $53.43 a barrel.
2019, October, 14, 14:10:00RUSSIA, ARAB STATES COOPERATION
Russian President Vladimir Putin said Sunday that Russia will work with Saudi Arabia and other Arab nations to counter recent instability in the oil markets caused by attacks on energy sites in the Middle East.
2019, October, 14, 14:05:00UAE, RUSSIA FRIENDSHIP
"UAE-Russia relations are historic and based on ties of friendship, cooperation and respect for common interests. These relations are now further developing across all levels, a reflection of the leaderships keenness to enhance continuous cooperation,"
2019, October, 14, 13:50:00GECF: GLOBAL RECESSION
The global economy has started to slow down in 2019, reflecting an impact from USChina trade tensions, as well as the economic cycle in the US.
2019, October, 14, 13:45:00CHINA'S OIL IMPORTS UP 11%
China's crude oil imports jumped 10.8% year on year to hit 10.08 million b/d in September, crossing over 10 million b/d mark again since April,
2019, October, 14, 13:25:00U.S. RIGS UP 1 TO 856
U.S. Rig Count is up 1 rig from last week to 856, Canada Rig Count is up 2 rigs from last week to 146
2019, October, 11, 12:15:00OIL PRICE: NEAR $60
Brent rose as much as 2.3% to $60.46 a barrel and were at $60.13 per barrel, WTI rose as much as 2.1% to $54.69 a barrel and were at $54.47 per barrel, up 92 cents.
2019, October, 11, 11:50:00ADNOC: ROBUST ENERGY DEMAND
"As we convene today, short term energy demand has continued to soften in response to current downside risks in the global economy. However, over the medium and long-term, the outlook remains positive, solid, and robust. By 2040, three times the amount of energy consumed by all of Europe will be added to global energy demand. In the face of current economic headwinds, we need to control costs, while staying focused on capital efficiency and targeted long-term investment," Dr. Al Jaber noted.
2019, October, 11, 11:35:00NIGERIA'S OIL PRODUCTION 1.774 MBD
Nigeria's allocation was increased to 1.774 million barrels per day (bpd) from 1.685 million bpd at the last OPEC meeting in July,
2019, October, 9, 13:30:00OIL PRICE: NEAR $58 AGAIN
Brent was down 9 cents at $58.15 a barrel, West Texas Intermediate was at $52.55, down 8 cents.