2015-02-07 16:25:00
OIL PRICES UP
Crude oil prices on the New York market bounced up $2/bbl to settle slightly above $50/bbl Feb. 5. The positive momentum continued during early Jan. 6 trading in what has proved to be a turbulent week for oil prices.
Brent prices also jumped $2/bbl higher on Jan. 5, which analysts attributed to reports of continuing unrest in Libya. The entrance to Mabruk oil field in central Libya was attacked and four people were reported to have been killed. Total SA jointly operates Mabruk field with Libya National Oil Co.
Meanwhile, Saudi Arabia increased its oil prices for US buyers late Feb. 5 while reducing its prices for Asian buyers.
US light, sweet oil prices showed early gains after the US Department of Labor said US nonfarm payrolls increased by a seasonally adjusted 257,000 jobs in January, which was more than the 237,000 that analysts had expected.
Energy prices
The New York Mercantile Exchange crude oil contract for March delivery gained $2.03 on Feb. 5, closing at $50.48/bbl. The April contract increased $2.01 to $51.31/bbl.
The natural gas contract for March was down 6.2¢ to $2.60/MMbtu on NYMEX. The Henry Hub, La., gas price was down 10¢ to $2.63/MMbtu on Feb. 5.
Heating oil for March climbed 3.9¢ to a rounded $1.81/gal. Reformulated gasoline stock for oxygenate blending for March was up 4.3¢ to a rounded $1.52/gal.
The March ICE contract for Brent crude oil climbed $2.41 to settle at $56.57/bbl. Meanwhile, the April Brent contract was up $2.35 to $57.51/bbl. The ICE gas oil contract for February gained $8 to $543.75/tonne.
The average price for OPEC's basket of 12 benchmark crudes on Feb. 5 was $50.81/bbl, down $1.41 from the previous day.
ogj.com
Chronicle:
2021, June, 25, 12:24:00
HYDROGEN RUSSIA AND CIS, Moscow, 20-21 October 2021
International Conference and Exhibition ‘Hydrogen Russia and CIS’ brings together more than 200 senior executives of hydrogen production plants from Russia and the CIS
2021, June, 25, 12:23:00
ПЕРСПЕКТИВЫ РАЗВИТИЯ И МОДЕРНИЗАЦИЯ УГОЛЬНЫХ ПРЕДПРИЯТИЙ РОССИИ
Восток Капитал приглашает Вас принять участие в бесплатном вебинаре в рамках подготовки к международной конференции и выставке «Уголь Россия и СНГ» на тему: «Перспективы развития и модернизация угольных предприятий России», который состоится 16 июля, 13:00 (МСК).
2021, June, 25, 12:20:00
U.S. COAL PRODUCTION UPDOWN
Through 24 weeks, US output was approximately 279 million st, up 8.9% compared with the year-ago period. It is annualized to be 581 million st for the year, up 8.7% from the previous year.
2021, June, 24, 12:20:00
OIL PRICE: NOT ABOVE $76 ANEW
Brent rose 30 cents, or 0.4%, to $75.49 a barrel, WTI climbed 31 cents, or 0.4%, to $73.39 a barrel.
2021, June, 24, 12:15:00
U.S. LNG DEMAND UP
Wide spreads between the price of LNG in end-user markets in Asia and Europe and feedgas prices based on the US Henry Hub have been incentivizing robust export activity from the US Gulf and Atlantic coasts.
2021, June, 24, 12:10:00
CHINA NEED COAL
A conservative estimate would be for coal consumption of around one billion metric tonnes in 2050, still contributing 10%-15% of China's total energy consumption
2021, June, 24, 12:05:00
CHINA COAL PRICES UP
The most-traded coking coal futures contract on the Dalian Commodity Exchange , for September delivery, ended at 2,037 yuan ($314.24) per tonne.