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2019-12-04 12:40:00

OIL PRICE: ABOVE $61

OIL PRICE: ABOVE $61

REUTERS - Oil gained on Wednesday ahead of meetings this week where OPEC and its allies are expected to extend production curbs to support the market, while industry data showing that U.S. crude stockpiles fell more than expected helped to lift prices.

Brent crude LCOc1 futures were up 44 cents, or 0.7%, at $61.26 a barrel by 0706 GMT.

U.S. West Texas Intermediate (WTI) crude CLc1 futures were up by 38 cents, or 0.7%, at $56.48. 

The Organization of the Petroleum Exporting Countries…

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Earlier:

OIL PRICE: ABOVE $61
2019, December, 2, 14:20:00
OIL PRICE: NEAR $62
Brent rose $1.20 to $61.69 a barrel, WTI crude added $1.05 to $56.22.
OIL PRICE: ABOVE $61
2019, November, 29, 15:50:00
OIL PRICE: NOT ABOVE $64 AGAIN
Brent were down 29 cents at $63.58 a barrel, WTI were flat at $58.11
OIL PRICE: ABOVE $61
2019, November, 27, 12:20:00
OIL PRICE: NOT ABOVE $65
Brent dropped 9 cents, or 0.14%, to $64.18 a barrel, WTI fell 12 cents, or 0.21%, to $58.29 per barrel.
OIL PRICE: ABOVE $61
2019, November, 25, 13:25:00
OIL PRICE: NOT ABOVE $64 ANEW
Brent were at $63.73, up 34 cents, WTI rose 26 cents, or 0.45% to $58.03 a barrel
OIL PRICE: ABOVE $61
2019, November, 22, 12:25:00
OIL PRICE: NOT ABOVE $64
Brent dropped 34 cents, or 0.53%, to $63.63 a barrel, WTI fell 31 cents, also down 0.53%, to $58.27 per barrel.
OIL PRICE: ABOVE $61
2019, November, 20, 12:10:00
OIL PRICE: ABOVE $60
Brent were at $60.71 a barrel, WTI erased early gains to be down 6 cents, or 0.1%, at $55.15 a barrel
OIL PRICE: ABOVE $61
2019, November, 18, 13:30:00
OIL PRICE: ABOVE $63
Brent were up 11 cents, or 0.2%, to $63.41 a barrel, WTI were 21 cents, or 0.4%, higher at $57.93 a barrel
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: ABOVE $61
2021, April, 15, 13:09:00
MASTERING WIND POWER 23 – 30 June 2021
Mastering Wind Power LIVE ONLINE COURSE OVER 5 SESSIONS Commences: 23 June 2021 – 30 June 2021 (7 – 10 am)
OIL PRICE: ABOVE $61
2021, April, 15, 13:05:00
U.S. OIL INVENTORIES DOWN 5.9 MB TO 492.4 MB
U.S. commercial crude oil inventories decreased by 5.9 million barrels to 492.4 million barrels.
OIL PRICE: ABOVE $61
2021, April, 14, 12:19:58
OIL PRICE: ABOVE $64 STILL
Brent rose 85 cents, or 1.3%, to $64.52 a barrel. WTI added 82 cents, or 1.4%, to $61 a barrel.
OIL PRICE: ABOVE $61
2021, April, 14, 12:15:00
GLOBAL OIL DEMAND WILL UP BY 6 MBD
In 2021, world oil demand growth is expected to increase by about 6.0 mb/d y-o-y, representing an upward revision of about 0.1 mb/d from last month’s report.
OIL PRICE: ABOVE $61
2021, April, 14, 12:10:00
U.S. OIL PRODUCTION WILL UP
Higher prices are buoying drillers’ confidence. Benchmark Nymex oil gained nearly 35% in the past four months after OPEC and its alliance cut production to strike a balance between demand and supply. The fossil fuel is also getting a bump as Covid-19 vaccinations progress and Americans travel again, boosting gasoline consumption.
OIL PRICE: ABOVE $61
2021, April, 14, 12:05:00
EUROPE NEED €150 BLN PER YEAR
The financing for the EU economic plan, agreed at 750 billion euros in 2018 prices, but totalling around 800 billion euros at current prices,
OIL PRICE: ABOVE $61
2021, April, 14, 12:00:00
EUROPEAN WIND INVESTMENT $51 BLN
The investments financed 19.6 GW of capacity that will be constructed in the coming years. Around 13 GW of this will be in the EU.
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