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2019-10-04 11:10:00

OIL PRICE: NEAR $58

OIL PRICE: NEAR  $58

REUTERS - Oil futures were higher ahead of the weekend but remained on track for large weekly losses on fears that slower global economic growth will hurt fuel demand, even as Saudi Arabia said it has fully restored oil output after recent attacks.

Brent crude oil futures LCOc1 rose 12 cents, or 0.2%, to $57.83 a barrel by 0703 GMT, while U.S. West Texas Intermediate (WTI) crude CLc1 futures rose 9 cents, or 0.2%, to $52.54.

For the week, Brent was down 6.6%, marking its largest weekly loss since December. WTI was down 6% for the week, its biggest decline…

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Earlier:

OIL PRICE: NEAR  $58
2019, October, 2, 12:25:00
OIL PRICE: ABOVE $58
Brent crude rose 47 cents, or 0.8%, to $59.36 a barrel, West Texas Intermediate crude was at $54.29 a barrel, up 67 cents or 1.3%.
OIL PRICE: NEAR  $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: NEAR  $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: NEAR  $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: NEAR  $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: NEAR  $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: NEAR  $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.
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: NEAR  $58
2021, January, 20, 14:24:00
7th INTERNATIONAL LNG CONGRESS REVEALS THE BUSINESS PROGRAM
The 7th International LNG Congress will be held on the 7th-8th of June in Madrid, Spain. LNG supply potential in Europe, usage of alternative fuels, vehicles mobility, marine transportation and storage, politics and financing in the market, and small- and large-scale LNG projects will be the main topics of the Congress.
OIL PRICE: NEAR  $58
2021, January, 20, 14:20:00
UAE HYDROGEN ENERGY
Abu Dhabi National Oil Co (Adnoc) formed an alliance with Mubadala Investment Co and ADQ to produce hydrogen from renewable energy, known as green hydrogen,
OIL PRICE: NEAR  $58
2021, January, 20, 14:15:00
SOLAR MARKET EXPANDING
The expanding solar market could also provide a needed source of employment for the recession-stricken nation. Renewable energy employs 11.5 million people worldwide, and solar power accounts for 33% of that
OIL PRICE: NEAR  $58
2021, January, 20, 14:10:00
TOTAL SUBORDINATED BONDS €3 BLN
Total SE successfully issued perpetual subordinated bonds in the amount of €3 billion
OIL PRICE: NEAR  $58
2021, January, 19, 14:00:00
OIL PRICE: ABOVE $55 YET
Brent rose 46 cents to $55.21 a barrel. WTI was at $52.40 a barrel, up 4 cents.
OIL PRICE: NEAR  $58
2021, January, 19, 13:55:00
GLOBAL INDEXES UP ANEW
S&P 500 futures rising 0.6% and Nasdaq futures up 0.9% after the long holiday weekend.
OIL PRICE: NEAR  $58
2021, January, 19, 13:50:00
EU GAS MARKETS ARE CHANGING
The European Commission is planning to issue new proposals for gas legislation in the last quarter of 2021. EU gas markets are on the cusp of dramatic changes.
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