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2017-03-03 19:05:00

SAUDI CUT PRICES

SAUDI CUT PRICES

REUTERS - World's top crude exporter Saudi Arabia cut April prices of light crude it sells to Asia for the first time in three months in a bid to shore up demand in an oversupplied market, trade sources said on Friday.

The OPEC kingpin raised prices for two straight months to March after production cuts by the Organization of the Petroleum Exporting Countries and Oman strengthened Middle East oil benchmark Dubai, but it unexpectedly cut prices in April as oversupply of light crude persisted.

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Tags: SAUDI, OIL, PRICES
SAUDI CUT PRICES February, 18, 12:30:00

OIL PRICE: ABOVE $66

SAUDI CUT PRICES February, 18, 12:25:00

OIL DEMAND GROWTH 1.4 MBD

SAUDI CUT PRICES February, 18, 12:20:00

BRENT OIL: UNDERVALUED

SAUDI CUT PRICES February, 18, 12:15:00

U.S. OIL PRODUCTION 11.9 MBD AGAIN

SAUDI CUT PRICES February, 18, 12:10:00

BENEFIT FOR RUSSIA

SAUDI CUT PRICES February, 18, 12:05:00

LATIN AMERICA ENERGY FORUM FEBRUARY 2019

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SAUDI CUT PRICES
2019, February, 18, 12:00:00

БЫСТРАЯ СИЛА СИБИРИ

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».

SAUDI CUT PRICES
2019, February, 18, 11:55:00

U.S. TIGHT OIL PRODUCTION 7 MBD

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.

SAUDI CUT PRICES
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.

SAUDI CUT PRICES
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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