OIL PRICE: ABOVE $57

REUTERS, BLOOMBERG, OILPRICE - Oil prices were mixed on Friday, but both Brent and U.S. crude were set to chalk up another weekly gain as investors bet that efforts to cut a global glut are working and that the demand outlook is improving.

U.S. crude CLc1 was down 8 cents at $51.48 a barrel at 0641 GMT, after earlier rising slightly. Still, the contract is heading for a fourth consecutively weekly gain and is on track for a 9 percent advance this month.

Brent LCOc1 rose 1 cent to $57.42 a barrel, heading for a fifth weekly climb and a nearly 10 percent gain for September.

The price gains, most of them in the last two-and-a-half weeks, have come as traders anticipated renewed demand from U.S. refiners that were resuming operations after shutdowns due to Hurricane Harvey.

Major world oil producers outside the United States have also indicated they will stick with output cuts to limit supply.

They are getting support from Turkey's threats to cut off a pipeline from the Kurdish region of Iraq after a referendum where Kurds voted overwhelmingly in favor of independence.

"(There is) an increasingly positive view from the supply side, with potential Kurdish production disruption, and a plethora of energy agencies suggesting global demand is increasing," said Jeffrey Halley, senior market analyst at OANDA in Singapore.

"The technical picture still looks positive for both contracts with the consolidation and gentle pull-backs thus far suggesting oil is pausing for breath at these levels," he said.

Turkish President Tayyip Erdogan said this week he could use force to prevent the formation of an independent Kurdish state and might close the oil "tap".

The Kurdish region exports about 500,000 barrels a day through a pipeline that runs through Turkey to the Mediterranean Sea.

Turkey promised on Thursday to deal only with the Iraqi government on crude, the office of Iraqi Prime Minister Haider al-Abadi said.

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Earlier:

September, 27, 13:55:00 OIL PRICE: NOT ABOVE $58 Brent November crude futures were down 14 cents at $58.30 a barrel at 0832 GMT, while U.S. crude for November delivery edged up 11 cents to $51.99. Русский | English

September, 25, 13:25:00 OIL PRICE: ABOVE $56 The Organization of the Petroleum Exporting Countries, Russia and several other producers have cut production by about 1.8 million barrels per day (bpd) since the start of 2017, helping lift oil prices by about 15 percent in the past three months. Русский | English

September, 25, 13:20:00 СОКРАЩЕНИЕ ОБЪЕМОВ ДОБЫЧИ: 116% В заявлении Министерского мониторингового комитета (ММК) стран ОПЕК и не входящих в ОПЕК государств говорится, что, согласно отчету Совместного технического комитета (СТК) стран ОПЕК и не входящих в организацию нефтедобывающих стран за август 2017 года, уровень выполнения странами ОПЕК и участвующими государствами не-ОПЕК своих добровольной корректировки объемов добычи нефти достиг исторического максимума, составив 116%. Русский

September, 22, 09:20:00 OIL PRICE: NOT ABOVE $57 International benchmark Brent crude futures were at $56.51 a barrel at 0644 GMT, up 8 cents, or 0.14 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were up 12 cents, or 0.24 percent, at $50.67 per barrel. Русский | English

September, 20, 09:05:00 OIL PRICE: ABOVE $55 YET The October light, sweet crude contract on the New York Mercantile Exchange gained 2¢ to settle at $49.91/bbl on Sept. 18. The November contract dropped 9¢ to settle at $50.35/bbl. The NYMEX natural gas price for October rose 12¢ to $3.14/MMbtu. The Henry Hub cash gas price climbed by 11¢ to $3.10/MMbtu. Heating oil for October fell nearly 2¢ to a rounded $1.78/gal. The NYMEX reformulated gasoline blendstock for October was up less than 1¢ to $1.67/gal on Sept. 18. The Brent crude contract for November on London’s ICE fell 14¢ to $55.48/bbl. The December contract declined 17¢ to $55.25/bbl. The gas oil contract for October was $525/tonne, down $9.75. OPEC’s basket of crudes for Sept. 18 was $53.78/bbl, up 14¢. English

September, 20, 09:00:00 GAS PRICES UP TO $3.146 The NYMEX October natural gas futures contract jumped 12.2 cents Monday to settle at $3.146/MMBtu, with warmer-than-average weather expected to persist through the end of September across major demand areas. English

September, 20, 08:55:00 ЦЕНА URALS: $51,81591 Средняя цена на нефть Urals за период мониторинга с 15 августа по 14 сентября 2017 года составила $51,81591 за баррель, или $378,3 за тонну. Согласно расчетам Минфина России экспортная пошлина на нефть в РФ с 1 октября 2017 года повысится на $3,8 и составит $87,9 за тонну. Русский