2016
![2016](/cache/2016/08/OIL-458.e2138240.jpg)
2016, August, 10, 18:55:00
OIL PRICES: $42 - $52
Brent crude oil prices are forecast to average $42/b in 2016 and $52/b in 2017. West Texas Intermediate (WTI) crude oil prices are forecast to be slightly less than Brent in 2016 and the same as Brent in 2017.
![2016](/cache/2016/08/SAUDI-65.b0dea485.jpg)
2016, August, 10, 18:50:00
SAUDI'S OIL PRODUCTION: 10.67 MBD
Saudi Arabia’s increased crude output comes as Russia and Iran are boosting shipments to top demand markets such as India and China. Iran boosted crude output to 3.85 million barrels a day and plans to keep boosting production to 4.6 million barrels in five years, Fars news agency reported Wednesday, citing comments made by Oil Minister Bijan Namdar Zanganeh at parliament.
![2016](/cache/2016/08/OIL-463.82254c99.jpg)
2016, August, 10, 18:45:00
DEMAND UP TO 1.4 MBD
Global consumption of petroleum and other liquid fuels is estimated to have grown by 1.4 million b/d in 2015. EIA expects global consumption of petroleum and other liquid fuels to again increase by 1.4 million b/d in both 2016 and 2017, mostly driven by growth in countries outside of the Organization for Economic Cooperation and Development (OECD). Non-OECD consumption growth was 1.0 million b/d in 2015, and it is expected to be 1.3 million b/d in 2016 and 1.5 million b/d in 2017.
![2016](/cache/2016/08/OIL-459.7ddb60d7.jpg)
2016, August, 10, 18:40:00
OPEC STILL HAVEN'T
“We still haven’t reached the moment when OPEC members will agree to a production agreement, as Iran has not yet recovered its pre-sanction production levels,” Giovanni Staunovo, an analyst at UBS, said by e-mail. “Nigerian and Libyan oil output are also currently below capacity.”
![2016](/cache/2016/08/Turkish-Stream-11.01d2492d.jpg)
2016, August, 10, 18:35:00
FAR FROM TURKISH STREAM
Turkey is Gazprom's second biggest export market after Germany. In 2015 Gazprom exported about 27bn m3 of gas to Turkey. Currently Russian gas is exported to Turkey via the Blue Stream gas pipeline and the Trans Balkan gas pipeline.
![2016](/cache/2016/08/GAZPROM-77.026b40a5.jpg)
2016, August, 10, 18:30:00
ПРИБЫЛЬ ГАЗПРОМА: 373,3 МЛРД. РУБ.
Величина прибыли, относящейся к акционерам ПАО «Газпром», составила 362 309 млн руб. за три месяца, закончившихся 31 марта 2016 года, что на 19 803 млн руб., или на 5%, меньше, чем за аналогичный период прошлого года.
![2016](/cache/2016/08/OIL-457.e18b583f.jpg)
2016, August, 9, 18:55:00
OIL PRICE: $45.5
Brent crude for October LCOc1 was up 13 cents at $45.52 a barrel by 1042 GMT (0642 ET), after rising $1.12 on Monday. The global benchmark fell nearly 15 percent in July. U.S. crude for September CLc1 was up 21 cents at $43.23.
![2016](/cache/2016/08/LIBYA-5.7085c8aa.jpg)
2016, August, 9, 18:50:00
LIBYA HAS STARTED
Libya is seeking to boost crude production after rival leaders agreed last month to unify the state National Oil Corp. under a single management. The bulk of the country’s oil infrastructure is either damaged or straddles disputed territory as armed factions fought for control of producing fields.
![2016](/cache/2016/08/IRAQ-9.68e9ac96.jpg)
2016, August, 9, 18:45:00
IRAQI OIL: 4.6 MBPD
The OPEC member pumped 4.632mn barrels of crude oil per day in July compared with 4.559mn bpd in June, state-run Oil Marketing Company (SOMO) said in a recent statement.
![2016](/cache/2016/08/IRAN-80.31aa49cf.jpg)
2016, August, 9, 18:40:00
IRANIAN OIL UP TO 2.5 MBPD
"Oil exports has risen to 2,500,000 barrels per day and children of the Iranian nation (officials) have been capable of moving the stopped wheels of oil production and regaining the past markets through increase in the production."