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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, January, 19, 13:34:00
Лидеры гидроэнергетики Узбекистана, Грузии, Турции, Казахстана, России соберутся в Ташкенте 17-18 февраля 2021
Ключевые игроки индустрии гидроэнергетики Узбекистана, Грузии, Турции, Казахстана, России и других стран соберутся в 17-18 февраля в Ташкенте. Встреча пройдет в рамках 5-го ежегодного международного конгресса и выставки «Гидроэнергетика Центральная Азия и Каспий 2021».
OIL PRICE: NOT ABOVE $70 YET
2021, January, 19, 13:33:00
5TH ANNUAL INTERNATIONAL CONGRESS AND EXIBITION "HYDROPOWER CENTRAL ASIA AND CASPIAN 2021"
The 5th Annual International Congress and Exhibition: Hydropower Central Asia and Caspian 2021 is a professional venue for business and government representatives to exchange experience and consolidate efforts for successful development of investment projects on construction and reconstruction/modernisation of hydropower plants in the region.
OIL PRICE: NOT ABOVE $70 YET
2021, January, 19, 13:30:00
SCOTLAND WIND POWER 10 GW
In October 2020, the Scottish government raised its target for offshore wind power capacity by 2030 from 8 GW to 11 GW.
OIL PRICE: NOT ABOVE $70 YET
2021, January, 18, 13:15:00
OIL PRICE: NEAR $55 AGAIN
Brent fell 20 cents, or 0.4%, to $54.90 a barrel. WTI fell 20 cents, or 0.4%, to $54.90 a barrel.
OIL PRICE: NOT ABOVE $70 YET
2021, January, 18, 13:10:00
CHINA'S ECONOMY UP
China gross domestic product grew 2.3% in 2020
OIL PRICE: NOT ABOVE $70 YET
2021, January, 18, 13:05:00
CHINA INDEXES UP
The blue-chip CSI300 index rose 1.1% to close at 5,518.52, while the Shanghai Composite Index gained 0.8% to 3,596.22.
OIL PRICE: NOT ABOVE $70 YET
2021, January, 18, 13:00:00
CHINA OIL THROUGHPUT UP
On a metric tons basis, the December throughput went up 2.8% from November and 2.1% from a year ago to 60 million mt.
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