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2014-10-29 18:55:00

OIL PRICES UP: 86.03/BBL

OIL PRICES UP: 86.03/BBL

Light, Sweet Crude for December Delivery Rose 42 cents, to $81.42 a Barrel.

Oil prices edged higher Tuesday as the dollar fell and conflicting U.S. economic data kept markets in a holding pattern.

Light, sweet crude for December delivery rose 42 cents, or 0.5%, to settle at $81.42 a barrel on the New York Mercantile Exchange. The global Brent contract rose 20 cents, or 0.2%, to $86.03 a barrel on the ICE Futures Europe exchange.

Nymex crude held up for a second day after dipping below $80 a barrel on Monday, with some analysts saying they believe…

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Tags: OIL, PRICES, BRENT, BARREL
Chronicle:
OIL PRICES UP: 86.03/BBL
2019, July, 12, 07:50:00
SAUDI ARAMCO, MCDERMOTT CONTRACT $4.5 BLN
McDermott has won two engineering, procurement, construction and installation (EPCI) contracts from Saudi Aramco worth more than $4.5bn for the Marjan Increment Programme.
OIL PRICES UP: 86.03/BBL
2019, July, 12, 07:45:00
SAUDI ARAMCO, SAIPEM CONTRACT $3.5 BLN
As part of its larger increment programmes for Marjan and Berri, Saudi Aramco has awarded Saipem two EPCI contracts worth more than $3.5bn.
OIL PRICES UP: 86.03/BBL
2019, July, 12, 07:40:00
LNG PRICE: NEAR $4.5
Spot prices for August delivery to Northeast Asia are estimated to be about $4.40 per million British thermal units (mmBtu), up 10 cents from last week, trade sources said.
OIL PRICES UP: 86.03/BBL
2019, July, 10, 12:55:00
OIL PRICE: NEAR $65 AGAIN
WTI had climbed 93 cents, or 1.6%, to $58.76, having earlier risen to $58.84. Brent was up 70 cents, or 1.1%, at $64.86, after earlier touching $64.95.
OIL PRICES UP: 86.03/BBL
2019, July, 10, 12:50:00
OIL PRICES 2019-20: $67 ANEW
The Energy Information Administration (EIA) forecasts Brent spot prices will average $67/b in the second half of 2019 and remain at that level in 2020. EIA expects West Texas Intermediate (WTI) crude oil prices will average $62/b in the second half of 2019 and $63/b in 2020.
OIL PRICES UP: 86.03/BBL
2019, July, 10, 12:45:00
IRREVERSIBLE CLIMATE CHANGE
“The clock is ticking on irreversible climate change,” Adam Matthews, co-chair of the Transition Pathway Initiative (TPI) and the director of ethics and engagement at the Church of England Pensions Board, said in a statement.
OIL PRICES UP: 86.03/BBL
2019, July, 10, 12:40:00
CHEVRON, QATAR DEAL $8 BLN
Chevron Phillips Chemical, a joint venture of Chevron and Phillips 66, will be the majority owner with a 51 percent share, with Qatar Petroleum owning 49 percent of the project. The companies expect a final investment decision no later than 2021 for the project, which has a target of starting in 2024.
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