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2015-03-31 20:05:00

STRATEGIC OIL FOR INDIA

STRATEGIC OIL FOR INDIA

India has bought the first oil for its strategic petroleum reserve (SPR), trade sources said on Monday, marking the start of a round of purchases by the world's fourth-biggest oil consumer to build up emergency stockpiles.

Oil prices have almost halved in the past year due to excess global production, leaving traders looking for any signs of new demand to help absorb the surplus.

The sources said state-refiner Indian Oil Corp bought a 2 million barrel cargo of Iraqi crude from Chinese trader Unipec, which will load in May for shipping to the first stage of India's SPR on the country's east coast.

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Tags: OIL, PRICES, INDIA
STRATEGIC OIL FOR INDIA February, 18, 12:30:00

OIL PRICE: ABOVE $66

STRATEGIC OIL FOR INDIA February, 18, 12:25:00

OIL DEMAND GROWTH 1.4 MBD

STRATEGIC OIL FOR INDIA February, 18, 12:20:00

BRENT OIL: UNDERVALUED

STRATEGIC OIL FOR INDIA February, 18, 12:15:00

U.S. OIL PRODUCTION 11.9 MBD AGAIN

STRATEGIC OIL FOR INDIA February, 18, 12:10:00

BENEFIT FOR RUSSIA

STRATEGIC OIL FOR INDIA February, 18, 12:05:00

LATIN AMERICA ENERGY FORUM FEBRUARY 2019

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STRATEGIC OIL FOR INDIA
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».

STRATEGIC OIL FOR INDIA
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.

STRATEGIC OIL FOR INDIA
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.

STRATEGIC OIL FOR INDIA
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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