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2016-09-16 18:10:00

OIL PRICES: ABOVE $46 AGAIN

ЦЕНА НЕФТИ: СНОВА ВЫШЕ $46

 

BRENT OIL PRICE 16 SEP 2016

 

WTI OIL PRICE 16 SEP 2016

 NASDAQ wrote, oil prices were lower in Asia trade on Friday as traders brace for an increase in oil exports from Libya and Nigeria, and the increase in U.S oil product inventories weighs on prices.

On the New York Mercantile Exchange, light, sweet crude futures traded at $43.65 a barrel at 0301 GMT, down 26 cents in the Globex electronic session. Brent crude on London's ICE Futures exchange fell 25 cents to $46.34 a barrel.

Libya's state oil company also lifted curbs on sales from three ports on Wednesday, ANZ Bank said. Libya is now planning to resume exports from its Ras Lanuf port and a tanker is due to be loaded with 600,000 barrels of crude.

"Continued oil price weakness, tepid demand growth in key markets and weak financial results will force major Asian oil companies to continue to abide by tight cost-cutting measures, while seeking to improve operational efficiency and become more flexible," BMI Research said in a report.

It added that oil prices are expected to gradually recover over late 2016 and 2017, but noted that their forecast for Brent to average $45.5 per barrel in 2016 is still 15.1% lower than the average price in 2015.

At 0306 GMT, oil product futures were down.

Nymex reformulated gasoline blendstock for September--the benchmark gasoline contract--fell to 1.4298 cents a gallon from 1.4302 cents.

ICE gasoil for October changed hands at $412.75 a metric ton, down $2.75 from Thursday's settlement.

 

BRENT OIL PRICE AUG - SEP 2016

 

WTI OIL PRICE AUG - SEP 2016

 

BRENT OIL PRICE OCT 2015 - SEP 2016

 

WTI OIL PRICE OCT 2015 - SEP 2016

 

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Earlier: 

OIL PRICES: ABOVE $46 

UNSTABLE OIL PRICES 

ЦЕНА РУССКОЙ НЕФТИ: $40 

ЦЕНА КАЗАХСКОЙ НЕФТИ: $35 

OIL PRICE: ABOVE $47 

MARKET IS OWERSUPPLIED

 

 

 

Tags: OIL, PRICES, BRENT, WTI, НЕФТЬ, ЦЕНА