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2019-12-02 14:20:00

OIL PRICE: NEAR $62

OIL PRICE: NEAR $62

REUTERS - Oil jumped above $61 a barrel on Monday, supported by hints that OPEC and its allies may agree to deepen output cuts at a meeting this week and as rising manufacturing activity in China suggested stronger demand.

The Organization of the Petroleum Exporting Countries and allies including Russia are expected to extend output cuts this week and could increase the size of the curb by at least 400,000 barrels per day, two sources said.

Brent crude, the global benchmark, rose $1.20 to $61.69 a barrel by 0825 GMT. U.S. West Texas Intermediate (WTI)…

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Earlier:

OIL PRICE: NEAR $62
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: NEAR $62
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: NEAR $62
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: NEAR $62
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: NEAR $62
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: NEAR $62
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: NEAR $62
2020, October, 23, 15:49:00
TANK FARMS AND OIL TERMINALS IN RUSSIA, CONFERENCE AND EXIBITION
We are glad to announce that the 15th Technical Conference Tank Farms and Oil Terminals: from Advanced Design to Operational Excellence 2020 is now open. The event will take place on 12-13 November 2020, in Saint-Petersburg.
OIL PRICE: NEAR $62
2020, October, 23, 15:45:00
EUROPEAN SHARES UP
The pan-European STOXX 600 index .STOXX advanced 0.9%,
OIL PRICE: NEAR $62
2020, October, 23, 15:40:00
БАНК РОССИИ: СТАВКА 4.25%
Совет директоров Банка России 23 октября 2020 года принял решение сохранить ключевую ставку на уровне 4,25% годовых.
OIL PRICE: NEAR $62
2020, October, 23, 15:35:00
RUSHYDRO GENERATION +13.7%
112,748 GWh - total electricity generation by RusHydro Group including Boguchanskaya hydropower plant (+13.7%)
OIL PRICE: NEAR $62
2020, October, 22, 15:20:00
OIL PRICE: NEAR $42
Brent were up 43 cents at $42.16 a barrel, WTI ticked up 44 cents to $40.47 a barrel.
OIL PRICE: NEAR $62
2020, October, 22, 15:15:00
OIL, GAS WILL BE HALF
In 2040, despite increasing investments in renewables and concerns with emissions, oil and gas are still projected to make up about 50 percent of the global energy mix. This is a view held by major third-party sources.
OIL PRICE: NEAR $62
2020, October, 22, 15:10:00
U.S. OIL INVENTORIES DOWN BY 1.0 MB TO 488.1 MB
U.S. commercial crude oil inventoriesdecreased by 1.0 million barrels to 488.1 million barrels.
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