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2015-11-09 20:00:00

ROBUST MARKET FUNDAMENTALS

ROBUST MARKET FUNDAMENTALS

Long-term oil market fundamentals remain robust but prolonged low prices could threaten security of supply and pave the way for a price spike, Saudi Arabia's vice oil minister said on Monday.

The world's largest crude exporter will continue investing in its oil and gas sector, Prince Abdulaziz bin Salman said.

"For a major reserve holder, oil producer and exporter such as Saudi Arabia, our focus has always been on the long-term trends shaping the oil market," he said in a speech at an Asian energy conference in the Qatari capital Doha.

"Rather…

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Tags: SAUDI, OIL, PRICES

Chronicle:

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2019, April, 17, 11:10:00

RUSSIA'S ARCTIC ENERGY

Russian energy major Gazprom Neft expects the Arctic to account for more than half its oil and gas production by 2020,

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2019, April, 17, 11:05:00

NUCLEAR FOR BETTER LIFE

Alexey Likhachev reminded the audience that the Forum motto is “Nuclear for better life”. Each sphere of human activity is affected by the achievements of nuclear industry. “Peaceful atom is associated with all aims and goals of UN sustainable development program. This Forum will become a space for discussing newest technologies that will lay the basis for the future of our planet”, Mr Likhachev emphasized.

ROBUST MARKET FUNDAMENTALS
2019, April, 17, 11:00:00

RUSSIA, DUBAI INVESTMENT

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ROBUST MARKET FUNDAMENTALS
2019, April, 17, 10:55:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

U.S. FRB - Industrial production edged down 0.1 percent in March after edging up 0.1 percent in February; for the first quarter as a whole, the index slipped 0.3 percent at an annual rate.

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