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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, July, 20, 12:50:00
U.S. GAS PRICES DOWN TO $2.37 MMBTU
the U.S. Energy Information Administration (EIA) forecasts Henry Hub natural gas spot prices for June, July, and August this year will average $2.37 per million British thermal units (MMBtu). If realized, this price would be the lowest summer average Henry Hub natural gas price since 1998.
OIL PRICES WILL BE $60-$70
2019, July, 20, 12:45:00
RUSSIA'S NUCLEAR COMPETITIVENESS
Russia's nuclear power sector "continues to benefit" from supportive government policy, in contrast to "tighter restrictions" in Western Europe owing to environmental concerns and growing competition from renewables, S&P Global Ratings says in a report published
OIL PRICES WILL BE $60-$70
2019, July, 20, 12:40:00
ADVANCED U.S. NUCLEAR
A bipartisan group of 15 senators introduced a bill in March to instate NELA, which would offer incentives and set federal goals for advanced nuclear energy.
OIL PRICES WILL BE $60-$70
2019, July, 20, 12:35:00
NORWAY'S PRODUCTION 1.4 MBD
Preliminary production figures for June 2019 show an average daily production of 1 409 000 barrels of oil, NGL and condensate, which is a decrease of 184 000 barrels per day compared to May.
OIL PRICES WILL BE $60-$70
2019, July, 20, 12:30:00
U.S. URANIUM IMPORTS
A bipartisan group of 15 senators introduced a bill in March to instate NELA, which would offer incentives and set federal goals for advanced nuclear energy.
OIL PRICES WILL BE $60-$70
2019, July, 20, 12:25:00
ARGENTINA'S GAS PRODUCTION UP
U.S. EIA - Argentina’s domestic natural gas production has been rising steadily in the past three years, largely because of increasing production from the Neuquén Basin’s Vaca Muerta shale and tight gas play. Production from Vaca Muerta surpassed 1.0 billion cubic feet per day (Bcf/d) in December 2018.
OIL PRICES WILL BE $60-$70
2019, July, 20, 12:20:00
AUSTRALIA'S LNG EXPORT UP TO 11.4 BCFD
First half production of 37 mmboe was a record for Santos and 32% above the corresponding period.
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