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2017-01-17 18:40:00

2017: OPEC SEES STABILITY

2017: OPEC SEES STABILITY

REUTERS - OPEC Secretary-General Mohammed Barkindo forecast on Monday that stability would return to oil markets this year while price hawk Venezuela said it hoped its crude basket would rise to $70 in coming months.

The head of the Organization of the Petroleum Exporting Countries was back in Caracas for a second meeting in two months with President Nicolas Maduro whom he lavishly praised for an "inspirational" role in the producers' pact to cut output.

"We remain optimistic Mr. President that with the full and timely implementation of this historic decision between us and non-OPEC, in 2017 the situation of our economies will improve tremendously," Barkindo said at a news conference with Maduro.

"And stability to the oil market that has eluded us for nearly three years will be restored on a sustainable basis in the interest of producers, consumers and the global economy."

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Earlier:

OPEC:

EMIRATES URGE TO CUT 

RUSSIA - OPEC ALLIANCE 

IRAQ PLANS 3.6 MBD 

SAUDI CUTS OIL PRODUCTION: 486 TBD 

RUSSIA CUTS 100 TBD

 

PRICES: 

OIL PRICES: ABOVE $55 AFRESH 

URALS: $52.53 

2017: VOLATILITY OIL PRICES 

OIL MARKET DEFICIT 

RUSSIA'S OIL SUCCESS

 

 

Tags: OPEC, OIL, PRICES
2017: OPEC SEES STABILITY September, 21, 11:00:00

OIL PRICE: NEAR $79 STILL

2017: OPEC SEES STABILITY September, 21, 10:55:00

RUSSIA'S OIL PRODUCTION: 11.3 MBD

2017: OPEC SEES STABILITY September, 21, 10:45:00

UNEXPECTED OIL PRICES

2017: OPEC SEES STABILITY September, 21, 10:40:00

OIL MARKET UNCERTAINTY

2017: OPEC SEES STABILITY September, 21, 10:35:00

OPEC-NON-OPEC DECISIONS

2017: OPEC SEES STABILITY September, 21, 10:30:00

U.S. CAPITAL EXPENDITURES UP

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Chronicle:

2017: OPEC SEES STABILITY
2018, September, 21, 10:25:00

U.S. ENERGY CASH: $119 BLN

U.S. EIA - Energy companies’ free cash flow—the difference between cash from operations and capital expenditure—was $119 billion for the four quarters ending June 30, 2018, the largest four-quarter sum during 2013–18 Companies reduced debt for seven consecutive quarters, contributing to the lowest long-term debt-to-equity ratio since third-quarter 2014

2017: OPEC SEES STABILITY
2018, September, 21, 10:20:00

WORLD OIL DEMAND: 100.23 MBD

OPEC - Total oil demand for 2018 is now estimated at 98.82 mb/d. In 2019, world oil demand growth is forecast to rise by 1.41 mb/d. Total world oil demand in 2019 is now projected to surpass 100 mb/d for the first time and reach 100.23 mb/d.

2017: OPEC SEES STABILITY
2018, September, 21, 10:15:00

IRAQ'S OIL: NO RECORD

ARAB NEWS - Oil exports from southern Iraq are heading for a record high this month, two industry sources said, adding to signs that OPEC’s second-largest producer is following through on a deal to raise supply and local unrest is not affecting shipments.

2017: OPEC SEES STABILITY
2018, September, 21, 10:10:00

NATURAL GAS EXPORT UP

PLATTS - The International Energy Agency expects the US to account for 75% of the global growth in natural gas exports over the next five years, a bullish outlook for LNG developers facing challenges at home getting projects off the ground and abroad with tariffs affecting trade flows.

All Publications »