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2017

2017
2017, January, 11, 18:45:00
RUSSIA SANCTIONS FOREVERMORE
Senior U.S. Republican and Democratic senators will introduce legislation on Tuesday seeking to impose a wide range of sanctions on Russia over its cyber activities and actions in Syria and Ukraine.
2017
2017, January, 11, 18:40:00
U.S. DECLINE'S END
“Today’s report shows evidence that the consistent decline in oil and natural gas drilling could be coming to an end,” said Hazem Arafa, director of API’s statistics department.
2017
2017, January, 11, 18:35:00
IRAQ PLANS 3.6 MBD
Iraq plans to raise crude exports from its southern port of Basra to an all-time high in February, keeping exports high even as OPEC production cuts take effect this month.
2017
2017, January, 11, 18:30:00
GAZPROM'S GAS RECORD
Gazprom’s gas exports to Europe hit an all-time high for the gas industry in 2016, totaling 179.3 billion cubic meters. Compared to 2015, it is an increase of 12.5 per cent, or 19.9 billion cubic meters in absolute terms, which is commensurate with the volumes we delivered to the U.K. last year, namely 17.8 billion cubic meters.
2017
2017, January, 9, 19:05:00
OIL PRICES: ABOVE $56 AFRESH
Brent crude futures LCOc1, the international benchmark for oil prices, were trading at $56.84 per barrel at 0535 GMT (00.35 a.m. ET), down 26 cents from their last close. U.S. West Texas Intermediate (WTI) crude oil futures CLc1 were trading at $53.70 per barrel, down 29 cents.
2017
2017, January, 9, 19:00:00
SAUDI CUTS OIL PRODUCTION: 486 TBD
Saudi Arabia has cut its crude-oil production by at least 486,000 barrels a day since October, said a person familiar with the kingdom’s output, bringing the world’s largest exporter of petroleum swiftly into line with OPEC’s deal to raise prices.
2017
2017, January, 9, 18:55:00
RUSSIA CUTS 100 TBD
Russia cut its oil production in early January by around 100,000 barrels per day (bpd) from the previous month after an agreement with OPEC to cap global crude output, two sources from the energy sector told Reuters on Monday.
2017
2017, January, 9, 18:50:00
SAUDI'S CHANGES PRICE: $2 TLN
Saudi officials are seeking to transform Saudi Aramco into the world’s most valuable publicly traded company, which they say is worth about $2tn.
2017
2017, January, 9, 18:45:00
IMPORTANT LNG MARKET
The LNG market has grown strongly in the last few years. In 2008 the global export capacity was 270bn m³/yr while in 2016 it was around 400bn m³/yr (+150%). The International Energy Agency in 2011 predicted that by 2015 gobal trade would reach 450bn m³/yr. These higher expectations resulted mainly from the aftermath of the Fukushima accident and Asian growth more generally, notably China.
2017
2017, January, 9, 18:40:00
U.S. DEFICIT: $45.2 BLN
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $45.2 billion in November, up $2.9 billion from $42.4 billion in October, revised. November exports were $185.8 billion, $0.4 billion less than October exports. November imports were $231.1 billion, $2.4 billion more than October imports.