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2019-03-01 12:10:00

OIL PRICES 2019-20: ABOVE $60

OIL PRICES 2019-20: ABOVE $60

U.S. EIAShort-Term Energy Outlook (STEO), February 2019

Global liquid fuels

• 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. EIA forecasts Brent spot prices will average $61/b in 2019 and $62/b in 2020, compared with an average…

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OIL PRICES 2019-20: ABOVE $60
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 PRICES 2019-20: ABOVE $60
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 PRICES 2019-20: ABOVE $60
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 PRICES 2019-20: ABOVE $60
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 PRICES 2019-20: ABOVE $60
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 PRICES 2019-20: ABOVE $60
2019, February, 15, 12:00:00
OPEC REMAINS HARD
PLATTS - "Our primary objective is to ensure that the oil market remains in balance throughout 2019 and beyond in order to build on the success of the past couple of years," added Barkindo.
OIL PRICES 2019-20: ABOVE $60
2019, February, 13, 12:15:00
OPEC OIL PRODUCTION 30.81 MBD
PLATTS - OPEC has painted a bearish picture for 2019, with demand for its crude oil expected to fall due to weak demand growth and a sharp rise in output from producers outside the group.
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Tags: OIL, GAS, PRICE, BRENT, WTI,
Chronicle:
OIL PRICES 2019-20: ABOVE $60
2019, May, 24, 09:55:00
SOME PROBLEMS OF WORLD ENERGY. PART FOUR.
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OIL PRICES 2019-20: ABOVE $60
2019, May, 24, 09:50:00
FIRST BANGLADESH'S LNG
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OIL PRICES 2019-20: ABOVE $60
2019, May, 23, 12:35:00
OIL PRICE: ABOVE $70 YET
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OIL PRICES 2019-20: ABOVE $60
2019, May, 23, 12:15:00
U.S. SANCTIONS FOR GERMANY
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OIL PRICES 2019-20: ABOVE $60
2019, May, 23, 12:10:00
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OIL PRICES 2019-20: ABOVE $60
2019, May, 23, 12:05:00
VIETNAM, RUSSIA LNG
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OIL PRICES 2019-20: ABOVE $60
2019, May, 23, 12:02:00
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