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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
2020, February, 21, 12:08:00
GAS & LNG MARKETS, CONTRACTS & PRICING WORKSHOP
Singapore – Due to popular demand, the highly requested Gas & LNG Markets, Contracts & Pricing workshop is coming back to Singapore from 16th to 20th March 2020.
OIL PRICE: ABOVE  $58
2020, February, 21, 12:00:00
NORWAY'S JANUARY PETROLEUM PRODUCTION 1.963 MBD
Norway's Preliminary production figures for January 2020 show an average daily production of 1 963 000 barrels of oil, NGL and condensate
OIL PRICE: ABOVE  $58
2020, February, 21, 11:55:00
FRANCE'S NUCLEAR CHANGES
France's Fessenheim nuclear reactor, on the border with Germany, will be shut down at the end of June
OIL PRICE: ABOVE  $58
2020, February, 21, 11:50:00
NETHERLANDS RENEWABLE INVESTMENT €5 BLN
The Netherlands is the European country with the lowest share of renewable in its energy mix with only 7.4% in 2018.
OIL PRICE: ABOVE  $58
2020, February, 21, 11:45:00
PETROBRAS NET INCOME $10.2 BLN
Petrobras highlights of the 2019 result: - Adjusted EBITDA was US$ 32.7billion, an increase of 3.8% in relation to 2018, due to lower production costs and lower contingencies. - Net income reached US$ 10.2 billion, mainly reflecting gains with asset sales. - The adjusted net debt / LTM Adjusted EBITDA ratio increased to 2.41x, applying the effects of IFRS 16, from 2.20x in 2018. Once these effects were eliminated, the index would have been 1.95x. - The remuneration to shareholders in the form of dividends and interest on capital was R$ 10.6 billion, equivalent to R$ 0.73 per common andR$ 0.92 per preferred share in circulation.
OIL PRICE: ABOVE  $58
2020, February, 21, 11:40:00
AUSTRALIA'S SANTOS NET PROFIT $674 MLN
Santos has delivered strong financial results with EBITDAX1 up 14% to a record US$2.5 billion and free cash flow1 up 13% to over US$1.1 billion. Reported net profitafter tax increased by 7% to US$674 million.
OIL PRICE: ABOVE  $58
2020, February, 21, 11:35:00
NOVATEK'S PROFIT: +430%
Profit attributable to shareholders of PAO NOVATEK increased to RR 865.5 billion (RR 287.39 per share), or 5.3 times, as compared to 2018.
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