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2019-03-01 12:15:00

OIL PRICES WILL BE $60-$70

OIL PRICES WILL BE $60-$70

PLATTSThe 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.

"Forecasting prices is a thankless task, but there is reason to expect that they will be relatively high," Vagit Alekperov said during a speech to the Federation Council, the upper house of the Russian parliament.

Alekperov…

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Earlier:

OIL PRICES WILL BE $60-$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 PRICES WILL BE $60-$70
2019, February, 27, 09:50:00
РЫНОК НЕФТИ СТАБИЛЕН
МИНЭНЕРГО РОССИИ - “Сегодня мы видим на рынке более-менее спокойную, стабильную ситуацию, невысокую волатильность и более-менее приемлемые цены, которые устраивают и экспортеров, и потребителей. Мы считаем, что благодаря сделке, в первую очередь, достигнута такая стабильность”, - подчеркнул Александр Новак.
OIL PRICES WILL BE $60-$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 PRICES WILL BE $60-$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 PRICES WILL BE $60-$70
2019, February, 20, 11:40:00
СПРОС НА ЭНЕРГИЮ РАСТЕТ
МИНЭНЕРГО РОССИИ - По словам Александра Новака, энергетическая отрасль всего мира сегодня нуждается в высококвалифицированных специалистах: «Мы знаем, что потребление энергии в мире будет постоянно увеличиваться, поэтому нам необходимы новейшие технологии и подготовленные специалисты», - подчеркнул значимость Центра компетенций глава Минэнерго России.
OIL PRICES WILL BE $60-$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 PRICES WILL BE $60-$70
2019, February, 15, 11:50:00
BP ENERGY OUTLOOK 2019
BP - The 2019 edition of BP’s Energy Outlook, published today, explores the key uncertainties that could impact the shape of global energy markets out to 2040. The greatest uncertainties over this period involve the need for more energy to support continued global economic growth and rising prosperity, together with the need for a more rapid transition to a lower-carbon future.
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Tags: OIL, PRICE,
Chronicle:
OIL PRICES WILL BE $60-$70
2019, November, 20, 11:36:00
Green Workplace Summit 11 December 2019
We would like to invite your organization to participate at the Green Workplace Summit which will focus on developing a healthy, energy-efficient and sustainable built environment for all, taking place on the 11 December 2019 in the Sultanate of Oman. The event is organized by be’ah and White Paper Summits.
OIL PRICES WILL BE $60-$70
2019, November, 20, 11:35:00
UAE COMMITTED TO OPEC+
Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, has re-affirmed the UAE's commitment to voluntary production adjustments under the agreement of the Organisation of Petroleum Exporting Countries and non-OPEC producers in support of the stability of the global oil market.
OIL PRICES WILL BE $60-$70
2019, November, 20, 11:30:00
GAZPROM'S PROPOSAL FOR NAFTOGAZ
In a statement, Gazprom said it had sent a letter to Naftogaz -- signed by Gazprom CEO Alexei Miller -- to "extend the existing contract or to conclude a new gas transit agreement through Ukraine for a period of one year."
OIL PRICES WILL BE $60-$70
2019, November, 20, 11:25:00
EU CLIMATE INVESTMENT $39 BLN
Next year, the EU has committed to finance projects worth 168.7 billion euros ($186.8 billion), of which 21% will go to measures to fight climate change.
OIL PRICES WILL BE $60-$70
2019, November, 20, 11:20:00
POLAND'S NUCLEAR INVESTMENT $60 BLN
Poland is seeking a foreign investor for a 49% stake in the company that will be responsible for building and operating six reactors, Piotr Naimski, a top government official in charge of strategic energy infrastructure, said
OIL PRICES WILL BE $60-$70
2019, November, 20, 11:15:00
INDIA'S COAL NEED INVESTMENT
The auctions, to be aimed at paring back India’s coal imports, are intended to attract global miners such as Glencore PLC, BHP Group, Anglo American PLC and Peabody Energy Corp.
OIL PRICES WILL BE $60-$70
2019, November, 20, 11:10:00
CHINA'S COAL CAPACITY UP
China also has another 121.3 GW of coal-fired power plants under construction, U.S.-based research network Global Energy Monitor said in its report, nearly enough to power the whole of France.
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