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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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Chronicle:

OIL PRICES WILL BE $60-$70
2019, March, 18, 13:00:00

U.S., RUSSIA SANCTIONS FOREVER

U.S. DT - the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated six Russian individuals and eight entities in response to Russia’s continued and ongoing aggression in Ukraine.

OIL PRICES WILL BE $60-$70
2019, March, 18, 12:55:00

SHAKY INDIA'S LNG

India’s demand for liquefied natural gas (LNG) is set to rise by about 10 percent this year even as the country adds import capacity at a faster clip, because infrastructure constraints keep gas from getting to consumers and hinder growth rates.

OIL PRICES WILL BE $60-$70
2019, March, 18, 12:50:00

РУССКИЙ ГАЗ ДЛЯ ФРАНЦИИ

По итогам 2018 года «Газпром» увеличил экспорт газа в республику на 5,4% по сравнению с 2017 годом — до 12,9 млрд куб. м. В начале 2019 года рост продолжается: с 1 января по 14 марта, по предварительным данным, объем экспорта составил 2,5 млрд куб. м, что на 1,9% больше, чем за аналогичный период 2018 года.

OIL PRICES WILL BE $60-$70
2019, March, 18, 12:45:00

UAE RENEWABLE ENERGY

Abu Dhabi is one of the most important examples of a city that is creatively seeking to strengthen its renewable energy sector.

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