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2019-03-07 12:05:00

OIL PRICE: NEAR $66

OIL PRICE: NEAR $66

REUTERSOil prices crept up on Thursday amid ongoing OPEC-led supply cuts and U.S. sanctions against exporters Venezuela and Iran, but gains were capped by record U.S. crude output and rising commercial fuel inventories.

Brent crude futures were at $66.12 per barrel at 0757 GMT, up 13 cents, or 0.2 percent, from their last close.

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Earlier:

OIL PRICE: NEAR $66
2019, March, 6, 11:55:00

OIL PRICE: ABOVE $65

Oil 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.

OIL PRICE: NEAR $66
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: NEAR $66
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: NEAR $66
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: NEAR $66
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: NEAR $66
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: NEAR $66
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.

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Tags: OIL, PRICE, BRENT, WTI

Chronicle:

OIL PRICE: NEAR $66
2019, March, 20, 10:50:00

ИНВЕСТИЦИОННЫЕ ПРОЕКТЫ ГАЗПРОМА

Совет директоров ПАО «Газпром» одобрил проводимую компанией работу по реализации крупнейших инвестиционных проектов. В числе приоритетных направлений деятельности компании — Восточная газовая программа.

OIL PRICE: NEAR $66
2019, March, 20, 10:45:00

РУССКИЙ ГАЗ ДЛЯ СЕРБИИ

В 2018 году «Газпром» поставил в Сербию 2,15 млрд куб. м газа — на 1,2% больше чем в 2017 году (2,12 млрд куб. м).

OIL PRICE: NEAR $66
2019, March, 20, 10:40:00

EUROPE'S GAS SECURITY

IEA - At the moment, Russia is sending record volumes to Europe while LNG utilisation rates remain relatively low. Limits to European production capacity and import infrastructure (with over half of pipelines operating at monthly peaks above 80%) may contribute to market tightness over the coming years, particularly if Asia continues to absorb the ramp up in global LNG liquefaction capacity.

OIL PRICE: NEAR $66
2019, March, 20, 10:35:00

S.KOREA'S LNG WILL UP

The South Korean government Tuesday gave its final approval to lower taxes on LNG used for power production by 75%, and raise those on thermal coal by 28% from April 1, in a move likely to boost downstream gas consumption.

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