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2014-06-03 18:30:00

MIDDLE EAST OIL: NO MORE

MIDDLE EAST OIL: NO MORE

A top energy watchdog said the world will need more Middle Eastern oil in the next decade, as the current U.S. boom wanes. But the International Energy Agency warned that Persian Gulf producers may still fail to fill the gap, risking higher oil prices.

In its first update to the agency's energy investment outlook in more than a decade, the IEA—which represents some of the world's largest consumer nations—said it sees "growth in oil demand [becoming] steadily more reliant on investment in the Middle East."

Surging American production from tight oil—extracted from shale formations in places like Texas and North…

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Tags: MIDDLE, EAST, OIL, IEA
MIDDLE EAST OIL: NO MORE February, 18, 12:30:00

OIL PRICE: ABOVE $66

MIDDLE EAST OIL: NO MORE February, 18, 12:25:00

OIL DEMAND GROWTH 1.4 MBD

MIDDLE EAST OIL: NO MORE February, 18, 12:20:00

BRENT OIL: UNDERVALUED

MIDDLE EAST OIL: NO MORE February, 18, 12:15:00

U.S. OIL PRODUCTION 11.9 MBD AGAIN

MIDDLE EAST OIL: NO MORE February, 18, 12:10:00

BENEFIT FOR RUSSIA

MIDDLE EAST OIL: NO MORE February, 18, 12:05:00

LATIN AMERICA ENERGY FORUM FEBRUARY 2019

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Chronicle:

MIDDLE EAST OIL: NO MORE
2019, February, 18, 12:00:00

БЫСТРАЯ СИЛА СИБИРИ

ГАЗПРОМ - Как отметил по итогам переговоров Алексей Миллер, «строительство газопровода „Сила Сибири“ идет с опережением графика, „Газпром“ начнет поставки газа в Китай раньше намеченного срока — уже с 1 декабря 2019 года».

MIDDLE EAST OIL: NO MORE
2019, February, 18, 11:55:00

U.S. TIGHT OIL PRODUCTION 7 MBD

U.S. EIA - In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of natural gas (70% of total U.S. dry gas production) and about 7 million barrels per day (b/d) of crude oil (60% of total U.S. oil production). A decade ago, in December 2008, shale gas and tight oil accounted for 16% of total U.S. gas production and about 12% of U.S. total crude oil production.

MIDDLE EAST OIL: NO MORE
2019, February, 18, 11:50:00

U.S. SHALE NEED INVESTMENT

REUTERS - On Thursday, the regional price of crude was at a $1.10 a barrel premium to U.S. crude futures, the strongest in more than a year as companies including Parsley Energy, Pioneer Natural Resources, Goodrich Petroleum Corp have pared their exploration budgets, easing the constraints.

MIDDLE EAST OIL: NO MORE
2019, February, 18, 11:45:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.6%

U.S. FRB - Industrial production decreased 0.6 percent in January after rising 0.1 percent in December.

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