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2019-03-06 11:55:00

OIL PRICE: ABOVE $65

OIL PRICE: ABOVE $65

REUTERSOil prices fell on Wednesday as bullish output forecasts by two big U.S. producers and a build in weekly U.S. crude stockpiles outweighed OPEC-led production cuts.

International Brent crude futures were at $65.47 per barrel at 0745 GMT, down 39 cents, or 0.6 percent, from their last settlement. Brent had dropped to as low as $65.22 earlier in the session…

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Earlier:

OIL PRICE: ABOVE $65
2019, March, 4, 11:20:00

OIL PRICE: NOT ABOVE $70 YET

Oil prices rose on Monday, buoyed by output cuts by producer club OPEC and reports that the United States and China are close to a deal to end a bitter tariff row that has slowed global economic growth.

OIL PRICE: ABOVE $65
2019, March, 1, 12:20:00

OIL PRICE: NOT ABOVE $70

Oil prices climbed on Friday as markets tightened amid output cuts by producer club OPEC, but surging U.S. supply and concerns of global economic slowdown kept a lid on further gains.

OIL PRICE: ABOVE $65
2019, March, 1, 12:15:00

OIL PRICES WILL BE $60-$70

The next 10-15 years will be a period of stable development for the oil industry and prices will remain relatively high at $60-$70/b, the CEO of Lukoil, Russia's second-largest crude producer, said Wednesday.

OIL PRICE: ABOVE $65
2019, March, 1, 12:10:00

OIL PRICES 2019-20: ABOVE $60

Brent crude oil spot prices averaged $59 per barrel (b) in January, up $2/b from December 2018 but $10/b lower than the average in January of last year.

OIL PRICE: ABOVE $65
2019, February, 27, 09:55:00

OIL PRICE: NEAR $66 ANEW

Oil prices rose on Wednesday after a report of declining U.S. crude inventories and as producer club OPEC seemed to stick to its supply cuts despite pressure from U.S. President Donald Trump.

OIL PRICE: ABOVE $65
2019, February, 27, 09:45:00

OIL MARKET BALANCE

Abu Dhabi: Energy Minister Suhail Al Mazroui said the oil market is on the “right track” and that the market will quickly return to balance in the first quarter of this year.

OIL PRICE: ABOVE $65
2019, February, 25, 12:15:00

OIL PRICE: ABOVE $66 ANEW

REUTERS - Oil prices dipped on Monday, dragged down by plentiful supply as U.S. exports soar and compete with traditional producers from the Middle East in key markets such as Asia.

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Tags: OIL, PRICE, BRENT, WTI

Chronicle:

OIL PRICE: ABOVE $65
2019, March, 18, 13:00:00

U.S., RUSSIA SANCTIONS FOREVER

U.S. DT - the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated six Russian individuals and eight entities in response to Russia’s continued and ongoing aggression in Ukraine.

OIL PRICE: ABOVE $65
2019, March, 18, 12:55:00

SHAKY INDIA'S LNG

India’s demand for liquefied natural gas (LNG) is set to rise by about 10 percent this year even as the country adds import capacity at a faster clip, because infrastructure constraints keep gas from getting to consumers and hinder growth rates.

OIL PRICE: ABOVE $65
2019, March, 18, 12:50:00

РУССКИЙ ГАЗ ДЛЯ ФРАНЦИИ

По итогам 2018 года «Газпром» увеличил экспорт газа в республику на 5,4% по сравнению с 2017 годом — до 12,9 млрд куб. м. В начале 2019 года рост продолжается: с 1 января по 14 марта, по предварительным данным, объем экспорта составил 2,5 млрд куб. м, что на 1,9% больше, чем за аналогичный период 2018 года.

OIL PRICE: ABOVE $65
2019, March, 18, 12:45:00

UAE RENEWABLE ENERGY

Abu Dhabi is one of the most important examples of a city that is creatively seeking to strengthen its renewable energy sector.

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