RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2015-10-06 19:55:00

OIL UP 4%

OIL UP 4%

Crude prices jumped about 4 percent on Tuesday after No. 1 oil consumer the United States cut output forecasts and Russia, Saudi Arabia and other big producers signaled joint action to support the market.

A weakening dollar added support for oil, aside from bets that the U.S. oil rig count could tumble again this week after last week's unexpectedly sharp decline of 26 rigs.

Brent, the global benchmark for crude, was up $2, or 4 percent, at $51.25 a barrel by 10:58 a.m. EDT (1458 GMT).

Traders also cited technical buying for Brent at above $50…

Log in to read the publication.

An authorized user gets access to four FREE publications per month.

You can also buy a full access to all publications of the site since January 2014.

Get full access:
Tags: OIL, PRICES
Chronicle:
OIL UP 4%
2021, January, 22, 11:14:00
POWER WEEK ASIA 2021: Lifelike Virtual Conference for Power & Energy Experts
The 6th annual POWER WEEK ASIA Virtual Conference (15 - 18 March 2021) is now open for registration. Across 4 days, we will be broadcasting live interactive presentations, in-depth panel discussions, and networking sessions from leading experts across the world.
OIL UP 4%
2021, January, 22, 11:13:00
POWER WEEK AFRICA 2021: An Interactive Virtual Summit for Power & Energy Professionals
Specially designed for the African electric power & energy industry, POWER WEEK AFRICA (20 - 23 April 2021) is the 3rd annual international virtual conference delivering a unique experience for each day of the event.
OIL UP 4%
2021, January, 22, 11:10:00
U.S. IN CLIMATE
Paris Climate Agreement
OIL UP 4%
2021, January, 22, 11:05:00
GLOBAL HYDROGEN DEMAND UPDOWN
Global hydrogen demand is currently dominated by the refining and ammonia production industries that primarily use natural gas as a feedstock.
OIL UP 4%
2021, January, 22, 11:00:00
BRITAIN NEED NUCLEAR POWER
The UK government must continue to support nuclear power generation if the country is to meet an expected doubling of electricity demand by 2050 while meeting its Net Zero ambitions,
OIL UP 4%
2021, January, 22, 10:55:00
BANGLADESH COAL POWER 1.3 GW
Coal-fired capacity, which was multiplied by 4.5 over 2017-2019 (from 250 MW to over 1.1 GW), accounts for 6% of Bangladesh’s installed capacity (2019).
OIL UP 4%
2021, January, 22, 10:50:00
VIETNAM COAL POWER 1.2 GW
The Prime Minister of Vietnam has authorised the 1,200 MW (2x600 MW) Quang Trach 2 coal-fired power project in the Quang Binh province.
All Publications »