IRANIAN EXPORTS TO RUSSIA
SHANA - Iran will begin exporting 100,000b/d of crude oil to Russia within the next two week, Iranian Minister of Petroleum Bijan Zangeneh said.
Following a meeting with his Russian counterpart here in Tehran on Tuesday evening, the official said Iran will begin shipments to Russia after signature of a deal for export of 100,000b/d of crude.
"Tehran and Moscow will sign a deal for export of Iran's crude oil to Russia in the near future," Zangeneh told reporters after the meeting.
He said Russia will pay 50% of the cash for Iran's crude oil at pre-determined deadlines and will settle the rest by supplying Russian goods to Iran.
The official also underlined Russia's constructive role in the historical deal struck between OPEC and non-OPEC oil producers.
Russia has committed itself to curb 300,000b/d of its crude oil output to join the deal.
|February, 18, 12:30:00|
|February, 18, 12:25:00|
|February, 18, 12:20:00|
|February, 18, 12:15:00|
|February, 18, 12:10:00|
|February, 18, 12:05:00|
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».
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.
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.
U.S. FRB - Industrial production decreased 0.6 percent in January after rising 0.1 percent in December.