Analysis
2023, January, 16, 13:05:00
OIL PRICE: BRENT BELOW $85, WTI NEAR $80
Brent fell 62 cents, or 0.7%, to $84.66 a barrel, WTI was down 51 cents, or 0.6%, at $79.35 a barrel.
2023, January, 16, 13:00:00
GLOBAL OIL MARKET IS STABLE
The OPEC+ Joint Ministerial Monitoring Committee, on which Mazrouei sits, is co-chaired by Saudi energy minister Prince Abdulaziz bin Salman and Russian Deputy Prime Minister Alexander Novak.
2023, January, 16, 12:55:00
RUSSIAN OIL FOR CHINA, INDIA
With India becoming the largest buyer of Russian crude in late 2022 and China posting close to double-digit growth in Russian inflows over January-November, refiners in South Korea, Japan and Thailand are finding it easier to procure term and spot crude supplies from Middle Eastern producers,
2023, January, 16, 12:50:00
EUROPEAN GAS PRICES DOWN DEEPER
Gas prices may have dropped, but are still almost double their five-year average for the time of year.
2023, January, 16, 12:40:00
EUROPE NEED MORE LNG
Despite the adoption of the Versailles Declaration in March 2022, when leaders of the 27 EU member states pledged to phase out the EU’s dependence on Russian fossil fuels as soon as possible, imports of Russian LNG increased by 12% in 2022 compared to 2021.
2023, January, 16, 12:35:00
EUROPE NEED U.S. LNG
According to the EU-US announcement, EU commission aims to increase annual demand for American LNG by 50BCM by the end of 2030 and procure 15BCM more in 2022,
2023, January, 13, 10:55:00
OIL PRICE: BRENT NEAR $84, WTI ABOVE $78
Brent had fallen 33 cents, or 0.4%, to $83.70 a barrel, WTI slipped 20 cents, or 0.3%, to $78.19.
2023, January, 13, 10:50:00
CHINA OIL DEMAND WILL UP TO 16 MBD
That would take consumption to an all-time high of about 16 million barrels a day, the survey showed.
2023, January, 13, 10:45:00
CHINA LPG IMPORTS WILL UP
China's LPG imports over January-November 2022 rose 7% on the year to 24.2 million mt, led by supply from the US, the UAE, Oman, Qatar and Saudi Arabia, customs data showed.
2023, January, 13, 10:35:00
ДОХОДЫ РОССИИ МИНУС 54,5 МЛРД. РУБ.
Ожидаемый объем недополученных нефтегазовых доходов федерального бюджета прогнозируется в январе 2023 года в размере -54,5 млрд руб.
2023, January, 11, 11:45:00
OIL PRICE: BRENT NEAR $80, WTI NEAR $75
WTI slipped by 54 cents, or 0.72%, to $74.58 a barrel, Brent fell by 50 cents, or 0.62%, to $79.60.
2023, January, 11, 11:40:00
OIL PRICES 2023-24: $83 - $78
The Brent crude oil price will average $83 per barrel (b) in 2023, down 18% from 2022, and continue to fall to $78/b in 2024 as global oil inventories build, putting downward pressure on crude oil prices.
2023, January, 11, 11:35:00
EUROPEAN LNG WINNING
LNG deliveries to Europe have helped ease an energy crisis this winter after Russian piped supply slumped.
2023, January, 9, 12:40:00
OIL PRICE: BRENT BELOW $81, WTI BELOW $76
Brent were up $1.49, or 1.9%, at $80.06 a barrel, WTI rose $1.43, or 1.9%, to $75.20.
2023, January, 9, 12:30:00
EUROPEAN GAS PRICES UPDOWN ANEW
Dutch front-month futures, the European benchmark, rose 4.3% to €72.50 a megawatt-hour at 8:55 a.m. in Amsterdam. The UK equivalent contract was 7.1% higher.