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2019-03-25 11:40:00

OIL PRICE: BELOW $67

OIL PRICE: BELOW $67

REUTERS - Oil prices slipped on Monday, with concerns of a sharp economic slowdown outweighing supply disruptions from OPEC's production cutbacks and from U.S. sanctions on Iran and Venezuela.

Brent crude oil futures were at $66.73 per barrel at 0752 GMT, down 30 cents, or 0.5 percent, from their last close.

U.S. West Texas Intermediate (WTI) futures were at $58.69 per barrel, down 35 cents, or 0.6 percent, from their previous settlement.

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Earlier:

OIL PRICE: BELOW $67
2019, March, 22, 10:45:00

OIL PRICE: ABOVE $67 ANEW

Oil hovered slightly below 2019 peaks on Friday, propped up by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on Iran and Venezuela.

OIL PRICE: BELOW $67
2019, March, 20, 11:35:00

OIL PRICE: ABOVE $67 AGAIN

Oil prices edged up on Wednesday, supported by ongoing supply cuts led by producer club OPEC and U.S. sanctions against Iran and Venezuela,

OIL PRICE: BELOW $67
2019, March, 18, 13:30:00

OIL PRICE: NEAR $67 YET

Oil prices were mixed on Monday, weighed by concerns that an economic downturn may dent fuel consumption, but supported by supply cuts led by producer group OPEC and U.S. sanctions against Iran and Venezuela.

OIL PRICE: BELOW $67
2019, March, 13, 11:45:00

OIL PRICE: NEAR $67

Oil prices rose on Wednesday, pushed up by ongoing supply cuts from producer cartel OPEC and U.S. sanctions against Iran and Venezuela.

OIL PRICE: BELOW $67
2019, March, 13, 11:30:00

OIL PRICES 2019-20: $63-$62

Brent crude oil spot prices averaged $64 per barrel (b) in February, up $5/b from January 2019 and about $1/b lower than at the same time last year.

OIL PRICE: BELOW $67
2019, March, 11, 11:55:00

OIL PRICE: NEAR $66 YET

Oil prices edged up on Monday after Saudi oil minister Khalid al-Falih said an end to OPEC-led supply cuts was unlikely before June, while a report showed U.S. drilling activity fell for a third straight week.

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Tags: OIL, PRICE, BRENT, WTI

Chronicle:

OIL PRICE: BELOW $67
2019, April, 17, 11:10:00

RUSSIA'S ARCTIC ENERGY

Russian energy major Gazprom Neft expects the Arctic to account for more than half its oil and gas production by 2020,

OIL PRICE: BELOW $67
2019, April, 17, 11:05:00

NUCLEAR FOR BETTER LIFE

Alexey Likhachev reminded the audience that the Forum motto is “Nuclear for better life”. Each sphere of human activity is affected by the achievements of nuclear industry. “Peaceful atom is associated with all aims and goals of UN sustainable development program. This Forum will become a space for discussing newest technologies that will lay the basis for the future of our planet”, Mr Likhachev emphasized.

OIL PRICE: BELOW $67
2019, April, 17, 11:00:00

RUSSIA, DUBAI INVESTMENT

The investment incentives provided by Dubai government and the business opportunities up for grabs on the horizon were the crux of a meeting officials of the Dubai Land Department, DLD, had with a Russian delegation who participated in the recently concluded Annual Investment Meeting 2019.

OIL PRICE: BELOW $67
2019, April, 17, 10:55:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

U.S. FRB - Industrial production edged down 0.1 percent in March after edging up 0.1 percent in February; for the first quarter as a whole, the index slipped 0.3 percent at an annual rate.

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