Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2016-09-15 18:40:00

UNSTABLE OIL PRICES

UNSTABLE OIL PRICES

BLOOMBERG wrote, oil prices will become more volatile after next year amid under-investment in production and uncertain growth in demand, Suncor Energy Inc. Chief Executive Officer Steve Williams said.

Crude prices will rise through next year and become more volatile for the following two to five years, Williams said at the Toronto Global Forum. Suncor can operate "successfully" with oil prices between $35 and $40 a barrel, he said.

The collapse of oil prices has forced Canadian and global producers to slash costs and curtail investment over the past two years. Even after a rebound from a 12-year low earlier this year, oil futures in New York are still about 60 percent down from their 2014 peak. Prices have been mostly stuck in the $40-$50 range for the past four months.

Canada's oil reserves are "probably" the largest in the world and eventually there will be more competition to access them, Williams said.

Canada is close to getting an oil pipeline built, most likely Kinder Morgan Energy Partners LP's Trans Mountain or TransCanada Corp.'s Energy East, the Suncor CEO said. The country has a reputation of not being able to get stuff done and is slowly making steps to reverse that, he added.

-----

Earlier:

SUNCOR: 

SUNCOR WANTS TO CUT 

SUNCOR NET LOSS $735 MLN 

CANADA'S HOPE PRICE: $2 BLN 

SUNCOR LOSS $500 MLN 

SUNCOR NET LOSS $2 BLN

 

PRICES: 

GROWTH IS SLOWING 

ЦЕНА РУССКОЙ НЕФТИ: $40 

OIL PRICE: ABOVE $47 

MARKET IS OWERSUPPLIED 

OIL PRICE: ABOVE $49

 

Tags: OIL, PRICES, INVESTMENT, SUNCOR
UNSTABLE OIL PRICES February, 18, 12:30:00

OIL PRICE: ABOVE $66

UNSTABLE OIL PRICES February, 18, 12:25:00

OIL DEMAND GROWTH 1.4 MBD

UNSTABLE OIL PRICES February, 18, 12:20:00

BRENT OIL: UNDERVALUED

UNSTABLE OIL PRICES February, 18, 12:15:00

U.S. OIL PRODUCTION 11.9 MBD AGAIN

UNSTABLE OIL PRICES February, 18, 12:10:00

BENEFIT FOR RUSSIA

UNSTABLE OIL PRICES February, 18, 12:05:00

LATIN AMERICA ENERGY FORUM FEBRUARY 2019

All Publications »

Chronicle:

UNSTABLE OIL PRICES
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».

UNSTABLE OIL PRICES
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.

UNSTABLE OIL PRICES
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.

UNSTABLE OIL PRICES
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.

All Publications »