2016
![2016](/cache/2016/03/OIL-222.0d5eb937.jpg)
2016, March, 10, 18:40:00
OIL PRICES: OWER $40
Brent crude futures LCOc1 were at $40.88 per barrel at 0339 GMT, down 19 cents from their last close.
![2016](/cache/2016/03/OIL-365.6616d880.jpg)
2016, March, 8, 13:45:00
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.
![2016](/cache/2016/03/OIL-366.dfc1ebf0.jpg)
2016, March, 8, 13:40:00
OIL MARKETS CORRECTION
Global crude markets will see a correction before the end of this year as current prices are forcing all producers to freeze their production, the United Arab Emirates’ energy minister Suhail bin Mohammed al-Mazrouei said Monday.
![2016](/cache/2016/03/CHINA-79.38280d57.jpg)
2016, March, 8, 13:35:00
CHINA'S OIL IMPORTS UP
China's crude oil imports in February rose 20.2 percent on a daily basis compared to same month last year, reaching a new record, official customs data showed on Tuesday.
![2016](/cache/2016/03/INDIA-18.0a006ab0.jpg)
2016, March, 8, 13:30:00
INDIAN OIL DEMAND UP 300,000
Indian oil demand, meanwhile, grew by 300,000 b/d last year after rising by 100,000-150,000 b/d/year in the previous decade.
![2016](/cache/2016/03/USA-275.7c48fd50.jpg)
2016, March, 8, 13:25:00
U.S. OIL DOWN 106,000
Crude oil production in April from the seven major US shale regions is expected to fall 106,000 b/d to 4.87 million b/d, according to the US Energy Information Administration’s latest Drilling Productivity Report (DPR). That includes a 4,000-b/d drop in the Permian to 2.04 million b/d.
![2016](/cache/2016/03/USA-267.538a47ce.jpg)
2016, March, 8, 13:20:00
U.S. RIGS DOWN 46
U.S. Rig Count is down 13 rigs from last week to 489, with oil rigs down 8 to 392, and gas rigs down 5 to 97.
Canadian Rig Count is down 46 rigs from last week to 129, with oil rigs down 33 to 50, and gas rigs down 13 to 79.
![2016](/cache/2016/03/VIETNAM-8.5cfc0daa.jpg)
2016, March, 8, 13:15:00
РОСНЕФТЬ НАЧАЛА БУРИТЬ
Rosneft Vietnam B.V., общество группы ОАО «НК «Роснефть» приступило к бурению поисково-разведочной скважины PLDD-1X на Блоке 06.1, расположенном на шельфе Вьетнама.
![2016](/cache/2016/03/oil-364.1dce8ecc.jpg)
2016, March, 4, 20:00:00
OIL PRICES UP TO $37.47
Brent futures gained 40 cents to $37.47 a barrel as of 1519 GMT (10:19 a.m. EST), after settling 14 cents higher in the previous session. The crude benchmark is set to end the week with a gain of more than 5 percent.
![2016](/cache/2016/03/USA-266.89b7ef06.jpg)
2016, March, 4, 19:55:00
U.S. LNG UP
The United States is currently a net importer of natural gas, and gross imports represented nearly 10% of total supply in 2015, based on data through November. The United States imported 7.5 billion cubic feet per day (Bcf/d) of natural gas, mostly from Canada by pipeline, and exported 4.8 Bcf/d, mostly to Mexico by pipeline. For years, Alaska has exported LNG, mostly to Pacific Rim countries, but these volumes have been small. In addition to the Sabine Pass terminal that was the source of last week's LNG shipment, four other LNG export terminals are currently under construction.