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2019-03-04 11:20:00

OIL PRICE: NOT ABOVE $70 YET

OIL PRICE: NOT ABOVE $70 YET

REUTERSOil 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.

International Brent futures were at $65.25 a barrel at 0713 GMT, up 18 cents, or 0.3 percent, from their last close.

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OIL PRICE: NOT ABOVE $70 YET
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 YET
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: NOT ABOVE $70 YET
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: NOT ABOVE $70 YET
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 YET
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 YET
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 YET
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.
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: NOT ABOVE $70 YET
2021, April, 16, 11:54:00
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 YET
2021, April, 16, 11:53:00
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 YET
2021, April, 16, 11:50:00
INDIA NEED HYDROGEN INFRASTRUCTURE
India would not only be pushing hydrogen in the transport sector, but would also expand its use to a range of sectors such as chemicals, iron and steel, heating and power.
OIL PRICE: NOT ABOVE $70 YET
2021, April, 16, 11:45:00
U.S. INDUSTRIAL PRODUCTION UP 1.4%
U.S. industrial production increased 1.4 percent in Murch.
OIL PRICE: NOT ABOVE $70 YET
2021, April, 15, 13:35:00
OIL PRICE: ABOVE $66
Brent was up by 16 cents at $66.74 a barrel. WTI rose 12 cents to $63.27 a barrel.
OIL PRICE: NOT ABOVE $70 YET
2021, April, 15, 13:30:00
ЧИСТАЯ ЭНЕРГЕТИКА РОССИИ
«Россия обладает одной из самых «чистых» структур энергетики – более 75% выработки электроэнергии приходится на безуглеродные и низкоуглеродные источники энергии. По этому показателю мы опережаем большинство стран мира, включая США, Германию и Китай», – рассказал Владимир Фургальский.
OIL PRICE: NOT ABOVE $70 YET
2021, April, 15, 13:25:00
RUSSIA'S OIL WILL UP
Russia outlined protection of its market share in the international market as one of its main goals for 2021.
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