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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."

-----

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 February, 18, 12:30:00

OIL PRICE: ABOVE $66

2017: OPEC SEES STABILITY February, 18, 12:25:00

OIL DEMAND GROWTH 1.4 MBD

2017: OPEC SEES STABILITY February, 18, 12:20:00

BRENT OIL: UNDERVALUED

2017: OPEC SEES STABILITY February, 18, 12:15:00

U.S. OIL PRODUCTION 11.9 MBD AGAIN

2017: OPEC SEES STABILITY February, 18, 12:10:00

BENEFIT FOR RUSSIA

2017: OPEC SEES STABILITY February, 18, 12:05:00

LATIN AMERICA ENERGY FORUM FEBRUARY 2019

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Chronicle:

2017: OPEC SEES STABILITY
2019, February, 18, 12:00:00

БЫСТРАЯ СИЛА СИБИРИ

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2017: OPEC SEES STABILITY
2019, February, 18, 11:55:00

U.S. TIGHT OIL PRODUCTION 7 MBD

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2017: OPEC SEES STABILITY
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.

2017: OPEC SEES STABILITY
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.

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