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2019-02-01 11:45:00

OIL PRICE: NEAR $61 YET

OIL PRICE: NEAR $61 YET

REUTERS - Oil prices edged up on Friday amid hopes the United States and China could soon settle their trade disputes, although data from China stoked concerns over an economic slowdown that could dent demand for fuel.

International Brent crude oil futures were at $61.06 per barrel at 0755 GMT, 22 cents, or 0.4 percent, above their last close.

U.S. West Texas Intermediate (WTI) futures were at $53.86 per barrel, up 7 cents from their last settlement.

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Tags: OIL, PRICE, BRENT, WTI,
Chronicle:
OIL PRICE: NEAR $61 YET
2019, August, 21, 11:55:00
INDONESIA'S COAL EXPORTS UP
Indonesia exported 30.6 million mt of thermal coal in May, up 6% on the month and up 20% on the year, according to latest customs data.
OIL PRICE: NEAR $61 YET
2019, August, 19, 11:50:00
OIL PRICE: NEAR $59 YET
Brent was up 55 cents, or about 0.9%, at $59.19 a barrel, WTI were up 57 cents, or 1%, at $55.44 a barrel.
OIL PRICE: NEAR $61 YET
2019, August, 19, 11:45:00
WORLD OIL DEMAND WILL UP BY 1.14 MBD
Total oil demand for the year is now anticipated to reach 99.92 mb/d. For 2020, world oil demand is expected to grow by 1.14 mb/d, in line with last month’s projection, with total world consumption anticipated to average 101.05 mb/d.
OIL PRICE: NEAR $61 YET
2019, August, 19, 11:40:00
U.S. PETROLEUM DEMAND 20.8 MBD
Total U.S. petroleum demand averaged 20.8 million barrels per day (mb/d) in July 2019, which represented a 0.9% year-over-year increase and the highest demand for the month since 2005,
OIL PRICE: NEAR $61 YET
2019, August, 19, 11:35:00
INDIA'S RENEWABLE INVESTMENT: $500-$700 BLN
India will require US$500 – 700 billion in renewable energy and supporting grid investment over the coming decade in order to meet its renewable energy targets
OIL PRICE: NEAR $61 YET
2019, August, 19, 11:30:00
NORWAY'S JULY PRODUCTION 1.8 MBD
Preliminary production figures for July 2019 show an average daily production of 1 799 000 barrels of oil, NGL and condensate, which is an increase of 402 000 barrels per day compared to June.
OIL PRICE: NEAR $61 YET
2019, August, 19, 11:25:00
U.S. SECURITIES ACQUISITIONS $1.7 BLN
The sum total in June of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $1.7 billion. Of this, net foreign private inflows were $6.1 billion, and net foreign official outflows were $4.5 billion.
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