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2019-12-06 14:15:00

OIL PRICE: NOT ABOVE $64

OIL PRICE: NOT ABOVE $64

REUTERS - Oil prices steadied on Friday and were set for weekly gains ahead of a meeting of OPEC and its allies later in the day which is expected to formally agree to more output cuts in early 2020.

The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia - a grouping known as OPEC+ - agreed on Thursday to more output cuts to avert oversupply as economic growth stagnates amid the U.S.-China trade war.

But OPEC stopped short of pledging action beyond March and analysts have questioned the impact of the latest curbs. 

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Earlier:

OIL PRICE: NOT ABOVE $64
2019, December, 4, 12:40:00
OIL PRICE: ABOVE $61
Brent were up 44 cents, or 0.7%, at $61.26, WTI were up by 38 cents, or 0.7%, at $56.48.
OIL PRICE: NOT ABOVE $64
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: NOT ABOVE $64
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: NOT ABOVE $64
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: NOT ABOVE $64
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: NOT ABOVE $64
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: NOT ABOVE $64
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
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: NOT ABOVE $64
2020, September, 18, 12:13:00
PUBLIC PRIVATE PARTNERSHIP WORKSHOP: FINANCING, PROJECTS & CONTRACTS
Singapore – The Public Private Partnership (PPP): Financing, Projects & Contracts workshop is back for 2020. With more sessions in different locations, Infocus International is delighted to bring one of their best events to professionals from all around the world.
OIL PRICE: NOT ABOVE $64
2020, September, 18, 12:10:00
NUCLEAR POWER WILL UP BY 82%
IAEA analysts expect an increase of global nuclear electrical generating capacity by 82% to 715 gigawatts.
OIL PRICE: NOT ABOVE $64
2020, September, 18, 12:05:00
EXTREME ENERGY CONTROL AT CURRENT MOMENT
The EC&CM method closes the era of technologies and systems of optimal (from Latin optimum - best) energy control in real time.
OIL PRICE: NOT ABOVE $64
2020, September, 18, 12:00:00
RUSSIA'S ARCTIC LNG 2 INVESTMENT $9.5 BLN
Russia's $21 billion project Arctic LNG 2, which received final investment approval a year ago, is expected to be launched in 2023 and to reach its full capacity of almost 20 million tonnes per year in 2026.
OIL PRICE: NOT ABOVE $64
2020, September, 17, 17:05:00
OIL PRICE: NOT BELOW $41 YET
Brent was down 22 cents, or 0.5%, to $42.00 a barrel , WTI fell 28 cents, or 0.7%, to $39.88 a barrel.
OIL PRICE: NOT ABOVE $64
2020, September, 17, 17:00:00
NORD STREAM 2 FOR RUSSIA
Russia says Nord Stream 2 is a commercial project -- backed by five European energy companies -- and should not be used for political point-scoring.
OIL PRICE: NOT ABOVE $64
2020, September, 17, 16:55:00
NORD STREAM 2 FOR AUSTRIA
"Nord Stream 2 for us is an economic project, a positive project, because we believe that it is good to have more diversification and to be able to use different routes for energy supply to Europe," Kurz said during a press conference in Vienna.
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