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2016-03-08 13:45:00

OIL PRICES ABOVE $40

OIL PRICES ABOVE  $40

Oil prices fell on Tuesday on weak Chinese trading data, but Brent remained over $40 a barrel after jumping to 2016 highs the previous day when producers announced talks to support the market and investors opened new bullish bets.

Brent crude futures LOCc1 managed to defend $40 per barrel, standing at $40.43 at 0742 GMT, down 41 cents from their last settlement. On Monday, the contract had surged over 5.5 percent in intra-day trading and has gained almost 50 percent from its 2016 lows on Jan. 20.

U.S. West Texas Intermediate (WTI) futures were at $37.51 a barrel, down 39 cents from their last close but over…

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Tags: OIL, PRICES

Chronicle:

OIL PRICES ABOVE  $40
2019, April, 17, 11:20:00

U.S. PRODUCTION: OIL + 80 TBD, GAS + 907 MCFD

U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 80,000 b/d month-over-month in April from 8,380 to 8,460 thousand barrels/day , gas production to increase 907 million cubic feet/day from 78,930 to 79,837 million cubic feet/day .

OIL PRICES ABOVE  $40
2019, April, 17, 11:15:00

EUROPE'S GAS PIPELINES RULES

The rules governing the EU's internal gas market will in future also apply to pipelines to and from third countries. The Council today formally adopted an amendment to the so-called gas directive which aims at closing a legal gap in the EU's regulatory framework and boosting competition in the gas market. This is the final step in the legislative process.

OIL PRICES ABOVE  $40
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,

OIL PRICES ABOVE  $40
2019, April, 17, 11:05:00

ЯДЕРНЫЕ ТЕХНОЛОГИИ ДЛЯ ЛУЧШЕЙ ЖИЗНИ

А.Е. Лихачёв напомнил, что нынешний форум проходит под девизом «Ядерные технологии для лучшей жизни». Нет такой сферы человеческой деятельности, где так или иначе не присутствовали бы достижения атомной отрасли. «Мирный атом связан и со всеми задачами и целями устойчивого развития, обозначенными ООН. На нынешнем форуме мы обсудим новейшие технологии, которые будут лежать в основе будущего нашей планеты», - подчеркнул А.Е. Лихачёв.

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