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2019-03-01 12:20:00

OIL PRICE: NOT ABOVE $70

OIL PRICE: NOT ABOVE $70

REUTERS - 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.

International Brent crude futures were at $66.85 per barrel at 0750 GMT, up 54 cents, or 0.81 percent, from their last settlement.

U.S.…

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Earlier:

OIL PRICE: NOT ABOVE $70
2019, March, 18, 13:10:00
BRENT OIL: UNDERVALUED
In the context of supply and demand balance,the current price of BRENT oil is undervalued.Neither OPEC nor the IEA has considerably brought down their forecasts for global oil demand in the current year.
OIL PRICE: NOT ABOVE $70
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: NOT ABOVE $70
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: NOT ABOVE $70
2019, February, 27, 09:40:00
OPEC CONTINUE CUTS
REUTERS - Based on current market data, the so-called OPEC+ group is “likely to continue with the production cuts until the end of the year”, the source told Reuters.
OIL PRICE: NOT ABOVE $70
2019, February, 20, 11:50:00
OIL PRICE: ABOVE $66 YET
REUTERS - International Brent crude futures were at $66.41 per barrel, down 4 cents from their last close, though still not far off their 2019 high of $66.83 per barrel, hit on Monday. U.S. West Texas Intermediate (WTI) crude oil futures hit 2019 highs of $56.39 per barrel on Wednesday but had slipped back to $56.16 per barrel by 0746 GMT, which was slightly above their last settlement.
OIL PRICE: NOT ABOVE $70
2019, February, 18, 12:25:00
OIL DEMAND GROWTH 1.4 MBD
IEA - Growth in 4Q18 was robust at 1.4 mb/d y-o-y and for 2018 as a whole growth was 1.3 mb/d.
OIL PRICE: NOT ABOVE $70
2019, February, 13, 12:20:00
OIL PRICE: NEAR $63 AGAIN
REUTERS - Oil prices rose on Wednesday as producer club OPEC said it had cut supply deeply in January and as U.S. sanctions hit Venezuela’s oil exports.
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: NOT ABOVE $70
2021, April, 20, 13:29:00
7TH MOZAMBIQUE MINING, OIL & GAS AND ENERGY CONFERENCE AND EXIBITION
Since 2008 MMEC has been covering the key developments, policies and projects in Mozambique’s extractive industries. It has become an important networking platform for all stakeholders by showcasing the huge opportunities in the Mining, Energy and Oil & Gas sectors and their ramification on the national economy.
OIL PRICE: NOT ABOVE $70
2021, April, 20, 13:28:00
ENERGY WEEK CENTRAL ASIA & MONGOLIA 2021
The high-level international investment conference Energy Week Central Asia & Mongolia 2021 will take place on a virtual event platform on 27-29 April bringing together the authorities, project operators of Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Mongolia , as well as IFIs/DFIs, multinational energy companies.
OIL PRICE: NOT ABOVE $70
2021, April, 20, 13:25:00
IRANIAN INTERIM DEAL
“We are on the right track and some progress has been made, but this does not mean that the talks in Vienna have reached the final stage,” Foreign Ministry spokesman Saeed Khatibzadeh told a weekly news conference in Tehran.
OIL PRICE: NOT ABOVE $70
2021, April, 20, 13:20:00
IRAN'S URANIUM UP TO 60%
The governments of France, Germany and the UK on 14 April responded to Iran's plans to enrich to 60% with "grave concern",
OIL PRICE: NOT ABOVE $70
2021, April, 20, 13:15:00
RENEWABLES FOR INDIA + 1.2 GW
The Solar Energy Corporation of India (SECI) has initiated a tender for 1,200 MW of wind-solar projects, under the tranche IV of the interstate transmission-connected (ISTS) programme.
OIL PRICE: NOT ABOVE $70
2021, April, 19, 16:55:00
OIL PRICE: NEAR $67
Brent was down 2 cents at $66.75 a barrel. WTI was up 1 cent at $63.14 a barrel.
OIL PRICE: NOT ABOVE $70
2021, April, 19, 16:50:00
ЧИСТАЯ ЭНЕРГИЯ ВОДОРОДА
На сегодняшний день наиболее экономически выгодным является производство водорода из ископаемого сырья. По данным МЭА, в структуре мирового производства чистого водорода 75 % приходится на природный газ, 23 % – на уголь.
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