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2018-12-05 10:15:00

OIL PRICE: NEAR $61 AGAIN

OIL PRICE: NEAR $61 AGAIN

REUTERS -  Oil prices fell on Wednesday, pulled down by swelling U.S. inventories and a plunge in global stock markets as China’s government warned of increasing economic headwinds.

International Brent crude oil futures LCOc1 were at $60.87 per barrel at 0508 GMT, down $1.21, or 2 percent, from their last close.

U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $52.33 per barrel, down 92 cents, or 1.7 percent.

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Tags: OIL, PRICE, BRENT, WTI,
Chronicle:
OIL PRICE: NEAR $61 AGAIN
2019, June, 20, 17:20:00
NORWAY'S PRODUCTION 1.6 MBD
Preliminary production figures for May 2019 show an average daily production of 1 599 000 barrels of oil, NGL and condensate, which is a decrease of 120 000 barrels per day compared to April.
OIL PRICE: NEAR $61 AGAIN
2019, June, 20, 17:15:00
U.S. FEDERAL FUNDS RATE 2.25 - 2.5%
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.
OIL PRICE: NEAR $61 AGAIN
2019, June, 19, 11:30:00
OIL PRICE: NOT ABOVE $63
Brent crude futures were up 20 cents, or 0.3%, at $62.34 a barrel by 0644 GMT. U.S. West Texas Intermediate crude gained 20 cents, or 0.4%, to $54.10 a barrel.
OIL PRICE: NEAR $61 AGAIN
2019, June, 19, 11:05:00
ANADARKO, MOZAMBIQUE LNG
Anadarko Petroleum Corporation (NYSE: APC) and the co-venturers in Mozambique's Offshore Area 1, announced a Final Investment Decision (FID) on the Anadarko-led Area 1 Mozambique LNG project. This official declaration of FID confirms the Area 1 Plan of Development is now effective with notice provided to the Government of Mozambique that all conditions precedent have been fulfilled, and the project can now advance to the construction phase.
OIL PRICE: NEAR $61 AGAIN
2019, June, 19, 11:00:00
6 UNDERVALUED ENERGY STOCKS ANEW
Let’s see which companies are still undervalued and which ones are out of my radar. Some of them reached their fair value and some other stopped to satisfy my parameters.
OIL PRICE: NEAR $61 AGAIN
2019, June, 18, 17:50:00
OIL PRICE: NOT ABOVE $62 YET
Brent crude futures were trading 18 cents down at $60.76 a barrel by 1203 GMT. U.S. West Texas Intermediate crude futures lost 3 cents to $51.90.
OIL PRICE: NEAR $61 AGAIN
2019, June, 18, 17:40:00
IRAN, RUSSIA ENERGY COOPERATION
Iran and Russia have signed a Memorandum of Understanding on oil and gas cooperation which will bolster the two countries’ energy relations.
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