2014-11-01 12:50:00
OIL PRICES TRENDS
Brent crude capped a sixth weekly loss, the longest losing streak since 2002, as OPEC boosted production to a 14-month high amid a global surplus. West Texas Intermediate posted the biggest monthly drop in more than two years.
Brent fell 9.3 percent this month, the biggest monthly decline since May 2012. U.S. crude production climbed to the highest level in at least three decades last week. Traders are split on whether Saudi Arabia will deepen the crude price cuts that propelled oil into a bear market this month.
"Fears of a supply glut and slow economic conditions continue to weigh on the market," said Gene…
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April, 19, 09:45:00 |
OIL PRICE: NEAR $72 YET |
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April, 19, 09:40:00 |
U.S. OIL PRODUCTION 12.1 MBD |
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April, 19, 09:35:00 |
VENEZUELA'S, RUSSIA'S OIL |
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April, 19, 09:30:00 |
TURKEY, US ENERGY COOPERATION |
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April, 19, 09:25:00 |
AUSTRALIA'S LNG PRODUCTION UP 11% |
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April, 19, 09:20:00 |
U.S. NUCLEAR SECURITY |
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Chronicle:
2019, April, 19, 09:15:00
S.KOREA RENEWABLE ENERGY
South Korea's economy has been pushing to shed its heavy reliance on coal and nuclear power, with the latest target coming on top of a 2017 plan to increase the amount of renewables in its energy mix to 20 percent by 2030.
2019, April, 19, 09:10:00
UAE GDP WILL UP 4.7%
The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.
2019, April, 19, 09:05:00
U.S. TRADE DEFICIT $49.4 BLN
the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January,
2019, April, 19, 09:00:00
U.S. RIGS DOWN 10 TO 1,012
BHGE - U.S. Rig Count is down 10 rigs from last week to 1,012, with oil rigs down 8 to 825, gas rigs down 2 to 187, and miscellaneous rigs unchanged at 0. Canada Rig Count unchanged from last week at 66, with oil rigs up 1 to 19 and gas rigs down 1 to 47.
