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2019-10-02 12:25:00

OIL PRICE: ABOVE $58

OIL PRICE: ABOVE  $58

REUTERS - Oil rebounded from several days of falling prices after industry data showed a surprise drop in U.S. crude inventories and offset weak economic readings in the United States that have depressed global stock markets.

Brent crude rose 47 cents, or 0.8%, to $59.36 a barrel by 0657 GMT, claiming back some of the ground lost over the past three sessions. U.S. West Texas Intermediate crude was at $54.29 a barrel, up 67 cents or 1.3%.

Front-month WTI prices settled down for a sixth straight session on Tuesday, their longest losing streak this year,…

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Earlier:

OIL PRICE: ABOVE  $58
2019, September, 30, 15:20:00
OIL PRICE: NEAR $61 AGAIN
Brent were down 52 cents or 0.84% at $61.39 a barrel, WTI were 35 cents or 0.63% lower at $55.56 a barrel.
OIL PRICE: ABOVE  $58
2019, September, 27, 13:45:00
OIL PRICE: ABOVE $62 YET
Brent fell 6 cents to $62.68 a barrel, WTI rose 18 cents to $56.59 a barrel
OIL PRICE: ABOVE  $58
2019, September, 26, 14:00:00
OIL PRICE: ABOVE $61
Brent were at $62.55 a barrel, WTI gained 13 cents, or 0.23%, to $56.62 a barrel.
OIL PRICE: ABOVE  $58
2019, September, 25, 15:15:00
OIL PRICE: NEAR $61
Brent were down $1.05 cents at $62.05 a barrel, WTI dropped to $56.47 a barrel, down 82 cents.
OIL PRICE: ABOVE  $58
2019, September, 24, 18:15:00
OIL PRICE: ABOVE $62
Brent dropped 58 cents to $64.19 a barrel, WTI were at $58.15, down 49 cents.
OIL PRICE: ABOVE  $58
2019, September, 23, 14:30:00
OIL PRICE: NEAR $63
Brent crude fell 30 cents to $63.98 a barrel, WTI was down 38 cents to $57.71.
OIL PRICE: ABOVE  $58
2019, September, 20, 15:45:00
OIL PRICE: NEAR $64
Brent crude LCOc1 was up 7.7% since last Friday’s close, the biggest weekly rise since January. The front-month November contract was at $64.88 a barrel, up 48 cents, by 1113 GMT. U.S. West Texas Intermediate (WTI) crude futures CLc1 rose 59 cents to $58.72 a barrel, set to post a gain of over 7% for the week.
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: ABOVE  $58
2019, December, 6, 13:35:00
GCC ECONOMY GROWTH 0.8%
overall real GDP growth in the GCC is estimated to drop to 0.8% this year compared with 2% last year.
OIL PRICE: ABOVE  $58
2019, December, 6, 13:25:00
TREBLING NUCLEAR POWER
Renewable energy sources alone are not capable of fully decarbonising the economy, but they can complement nuclear energy in achieving this goal. The nuclear industry, led by World Nuclear Association, has set the Harmony goal for nuclear energy to provide 25% of global electricity by 2050. This will require trebling nuclear generation from its present level.
OIL PRICE: ABOVE  $58
2019, December, 6, 13:20:00
NUCLEAR POWER FOR AUSTRALIA
The use of nuclear energy is currently banned under federal law in Australia. Over half those surveyed - 54% - were unaware of this.
OIL PRICE: ABOVE  $58
2019, December, 6, 13:15:00
RUSSIA'S NUCLEAR FUEL FOR INDIA
TVEL JSC has shipped to India the final consignment of uranium fuel pellets for BWR reactors and thereby fulfilled the relevant contract with the Department of Atomic Energy of the Government of India. The total volume of the supplied fuel pellets exceeded 50 tons, all shipments have carried out in 2019.
OIL PRICE: ABOVE  $58
2019, December, 6, 13:10:00
RUSSIA'S NUCLEAR FUEL FOR BULGARIA
TVEL JSC and Kozloduy NPP have signed contractual documents for supplies of Russian nuclear fuel to the Bulgarian nuclear power plant for the period up to and including 2025.
OIL PRICE: ABOVE  $58
2019, December, 6, 13:05:00
U.S. INTERNATIONAL TRADE DEFICIT $47.2 BLN
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $47.2 billion in October, down $3.9 billion from $51.1 billion in September,
OIL PRICE: ABOVE  $58
2019, December, 6, 13:00:00
U.S. COAL COMPANIES DOWN
The market capitalization of five of the top 10 U.S. coal companies was sliced by more than half from early January to mid-November 2019.
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