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2014-10-30 19:05:00

OIL PRICES: UP & DOWN

OIL PRICES: UP & DOWN

Crude oil prices for December delivery climbed nearly 80¢ on the New York market Oct. 29 while Brent prices in London gained more than $1/bbl although oil prices still remain low compared with a few months ago.

Abdalla Salem El-Badri, secretary general of the Organization of Petroleum Exporting Countries, said OPEC's oil production this year is likely to be the same as last year. The cartel is unlikely to cut the ceiling on its overall production at an upcoming meeting in November, he told energy conference participants in London on Oct. 29.

A policy-making committee of the Federal Reserve ended a meeting Oct.…

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Tags: OIL, PRICES, BRENT, OPEC, GAS,
Chronicle:
OIL PRICES: UP DOWN
2019, June, 20, 17:20:00
NORWAY'S PRODUCTION 1.6 MBD
Preliminary production figures for May 2019 show an average daily production of 1 599 000 barrels of oil, NGL and condensate, which is a decrease of 120 000 barrels per day compared to April.
OIL PRICES: UP DOWN
2019, June, 20, 17:15:00
U.S. FEDERAL FUNDS RATE 2.25 - 2.5%
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.
OIL PRICES: UP DOWN
2019, June, 19, 11:30:00
OIL PRICE: NOT ABOVE $63
Brent crude futures were up 20 cents, or 0.3%, at $62.34 a barrel by 0644 GMT. U.S. West Texas Intermediate crude gained 20 cents, or 0.4%, to $54.10 a barrel.
OIL PRICES: UP DOWN
2019, June, 19, 11:05:00
ANADARKO, MOZAMBIQUE LNG
Anadarko Petroleum Corporation (NYSE: APC) and the co-venturers in Mozambique's Offshore Area 1, announced a Final Investment Decision (FID) on the Anadarko-led Area 1 Mozambique LNG project. This official declaration of FID confirms the Area 1 Plan of Development is now effective with notice provided to the Government of Mozambique that all conditions precedent have been fulfilled, and the project can now advance to the construction phase.
OIL PRICES: UP DOWN
2019, June, 19, 11:00:00
6 UNDERVALUED ENERGY STOCKS ANEW
Let’s see which companies are still undervalued and which ones are out of my radar. Some of them reached their fair value and some other stopped to satisfy my parameters.
OIL PRICES: UP DOWN
2019, June, 18, 17:50:00
OIL PRICE: NOT ABOVE $62 YET
Brent crude futures were trading 18 cents down at $60.76 a barrel by 1203 GMT. U.S. West Texas Intermediate crude futures lost 3 cents to $51.90.
OIL PRICES: UP DOWN
2019, June, 18, 17:40:00
IRAN, RUSSIA ENERGY COOPERATION
Iran and Russia have signed a Memorandum of Understanding on oil and gas cooperation which will bolster the two countries’ energy relations.
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