RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2018-03-14 11:45:00

OIL PRICE: NOT ABOVE $65

OIL PRICE: NOT ABOVE $65

REUTERS Oil prices were stable on Wednesday after posting two days of declines at the start of the week, with support largely coming from strong China data that implies higher future imports, while the relentless rise in U.S. crude output capped gains.

U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $60.77 a barrel at 0753 GMT, up 6 cents, or 0.1 percent, from their previous settlement.

Brent crude futures LCOc1 were at $64.62 per barrel, down just 2 cents from their last close.

Wednesday's tepid support came from China, which reported January-February domestic oil production down by 1.9 percent on the year to 30.37 million tonnes, equivalent to 3.77 million bpd. At the same time, crude throughput rose 7.3 percent to 93.4 million tonnes, implying a need for more imports.

Despite this, Brent and WTI have shed around 1.5 and 2.4 percent respectively since the start of the week, with prices hit by concern over a relentless rise in U.S. crude oil production that has also been contributing to increasing inventories.

U.S. crude production  has soared by almost a quarter since mid-2016 to 10.37 million barrels per day (bpd), overtaking output by top exporter Saudi Arabia.

U.S. production is expected to rise above 11 million bpd by late 2018, taking the top spot from Russia, according to the International Energy Agency (IEA).

-----

Earlier: 

Prices
2018, March, 12, 08:50:00

OIL PRICE: NOT ABOVE $66

REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $62.10 a barrel at 0407 GMT, up 6 cents, or 0.1 percent. Brent crude futures LCOc1 were at $65.58 per barrel, up 9 cents, or 0.1 percent, from their previous close.

 

Prices
2018, March, 7, 15:00:00

OIL PRICE: ABOVE $65 YET

REUTERS - Brent crude futures were at $65.37 per barrel at 0149 GMT, down 42 cents, or 0.6 percent from their previous close. U.S. West Texas Intermediate (WTI) crude futures were at $62.16 a barrel, down 44 cents, or 0.7 percent.

Prices
2018, March, 5, 11:35:00

OIL PRICE: ABOVE $64 YET

REUTERS - International benchmark Brent crude was up 44 cents, or 0.68 percent, at $64.81 a barrel by 0135 GMT. U.S. West Texas Intermediate (WTI) crude rose 41 cents, or 0.67 percent, to $61.66 per barrel.

Prices
2018, March, 4, 11:30:00

ЦЕНА URALS: $ 65,99

МИНФИН РОССИИ - Средняя цена нефти марки Urals по итогам января – февраля 2018 года составила $ 65,99 за баррель.

 

 Prices
2018, February, 27, 14:15:00

OIL PRICE: ABOVE $67 AGAIN

REUTERS - U.S. West Texas Intermediate (WTI) crude for April delivery CLc1 was down 13 cents, or 0.2 percent, at $63.78 a barrel by 0753 GMT. The contract on Monday rose to its highest since Feb. 6 at $64.24. Brent crude LCOc1 in London was down 12 cents, or 0.2 percent, at $67.38 a barrel.

Prices
2018, February, 16, 23:45:00

OIL PRICE: ABOVE $64 AGAIN

REUTERS - NYMEX crude for March delivery CLc1 was up 17 cents, or 0.3 percent, at $61.51 a barrel by 0750 GMT, after earlier touching a one-week high of $61.82. For the week, the contract has risen about 4 percent after losing nearly 10 percent last week. London Brent crude LCOc1 was up 25 cents, or 0.4 percent, at $64.58 after settling down 3 cents. Brent is up nearly 3 percent for the week after falling more than 8 percent last week.

 

Prices
2018, February, 14, 10:05:00

IEA: OIL DEMAND GROWTH 1.6 MBD

IEA - Our demand growth estimate for 2017 remains strong at 1.6 mb/d, reinforced by November data for the US. For 2018, the more positive global economic picture published by the International Monetary Fund is a key factor in raising our growth outlook to 1.4 mb/d. It was thought that the significant increase in the dollar price of crude oil since the middle of 2017 would dampen growth, and this might be the case to some extent, but the impact of higher prices has been partly offset in some countries by currency appreciations.

 

Tags: OIL, PRICE, BRENT, WTI, URALS, OPEC, НЕФТЬ, ЦЕНА
Chronicle:
OIL PRICE: NOT ABOVE $65
2021, October, 26, 13:04:00
4-ЫЙ ЕЖЕГОДНЫЙ МЕЖДУНАРОДНЫЙ САММИТ И ВЫСТАВКА: ЭНЕРГИЯ БАЛКАН
Более 250 глав министерств, ключевых инвесторов, руководителей ведущих гидроэлектростанций и инициаторов инвестиционных проектов соберутся на 4-ом ежегодном международном саммите и выставке: Энергия Балкан
OIL PRICE: NOT ABOVE $65
2021, October, 26, 13:03:00
МЕЖДУНАРОДНАЯ КОНФЕРЕНЦИЯ И ВЫСТАВКА "УГОЛЬ РОССИЯ И СНГ"
Лидеры угольной индустрии России и стран СНГ выступят с докладами в деловой программе Международной конференции и выставки «Уголь Россия и СНГ» (16-17 ноября, Москва).
OIL PRICE: NOT ABOVE $65
2021, October, 26, 13:02:00
LEARN THE LATEST GLOBAL LNG TRENDS WITH LNGCON 2022
The next edition of the International LNG Congress (LNGCON 2022) takes place in Dusseldorf, Germany on March 28-30, 2022. Covering the whole LNG value chain, the Congress brings together decision makers of the industry to tackle the most relevant issues such as the role of LNG in the transition towards zero-carbon shipping.
OIL PRICE: NOT ABOVE $65
2021, October, 26, 13:00:00
CHINA ZERO EMISSIONS 2060
As of end-2020, China had nearly 282 GW of installed wind capacity, and over 253 GW of solar capacity.
OIL PRICE: NOT ABOVE $65
2021, October, 26, 12:55:00
AUSTRALIA ZERO EMISSIONS 2050
Australia's adoption of a net zero emissions target is significant as it is one of the largest producers and exporters of fossil fuels and falling in line with the UN mandated net zero pledge would signal there could be tighter regulations on emissions reduction.
OIL PRICE: NOT ABOVE $65
2021, October, 25, 12:30:00
OIL PRICE: ABOVE $86
Brent increased 56 cents, or 0.7%, to $86.09 a barrel, WTI rose 62 cents, or 0.7%, to $84.38 a barrel.
OIL PRICE: NOT ABOVE $65
2021, October, 25, 12:25:00
RUSSIA'S CLOSED NUCLEAR CYCLE
Known as ROSA-N, the new model was developed by scientists in Rosatom's Proryv (Breakthrough) project, which works towards deployment of fast reactors and a closed nuclear fuel cycle.
All Publications »