U.S. - EXXON - RUSSIA SANCTIONS
BLOOMBERG - Treasury Secretary Steven Mnuchin told a Texas judge that Exxon Mobil Corp. doesn't have a right to see privileged documents related to a $2 million fine assessed against the energy company for violating sanctions related to Russia's 2014 invasion of Ukraine.
Treasury's Office of Foreign Assets Control, which issued the penalty in July 2017, asked U.S. District Judge Jane Boyle in Dallas on Tuesday to overturn a magistrate judge's June decision ordering Treasury to hand over more documents. OFAC said it's already given the company a 23,000-page administrative record that includes all non-privileged material. Exxon has said it provided the vast majority of the documents in that record.
Exxon signed legal documents in May 2014 related to oil and gas projects in Russia with Igor Sechin, head of Rosneft OAO, who is on the Treasury's list of sanctioned Russian nationals, the U.S. said. The alleged violations, which Exxon denies, occurred while President Donald Trump's former Secretary of State Rex Tillerson led the Irving, Texas-based company.
Exxon sued over the penalty last year, arguing the agency's interpretation of a 2014 executive order by former President Barack Obama violated the Administrative Procedure Act because it was "arbitrary and capricious."
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МИНФИН РОССИИ - Средняя цена на нефть Urals за период мониторинга с 15 августа по 14 сентября 2018 года составила $74,45568 за баррель, или $543,5 за тонну. Согласно расчетам Минфина России экспортная пошлина на нефть в РФ с 1 октября 2018 года повысится на $7,5 и составит $137,5 за тонну.
PLATTS - Saudi production has since risen to 10.42 million b/d in August, the country reported to OPEC in the organization's most recent monthly oil market report. Saudi Arabia's crude oil stocks, which have been declining steadily over the last three years, fell to 229.41 million barrels in July, down 11.4% since May 2017, the JODI data showed.
U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 79,000 b/d month-over-month in October from 7,515 to 7,594 thousand barrels/day , gas production to increase 961 million cubic feet/day from 72,127 to 73,088 million cubic feet/day .
REUTERS - Beijing on Tuesday said it would tax U.S. products worth $60 billion effective Sept. 24 in retaliation for tariffs imposed by U.S. President Donald Trump in an escalating trade war.