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2019-04-24 11:30:00

OIL MARKET IS FINE

OIL MARKET IS FINE

IEA - The International Energy Agency is monitoring developments in global oil markets, and notes that markets are now adequately supplied, and that global spare production capacity remains at comfortable levels.

Further tightening of sanctions on Iran will have an impact on its export capacity. Iranian shipments of crude and condensates are running around 1.1 million barrels a day (mb/d) in April, 300 000 barrels a day lower than March, and 1.7 mb/d lower than May 2018.

As a result…

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Earlier:

OIL MARKET IS FINE
2019, April, 22, 08:50:00
OPEC + RUSSIA IS HERE
"Cooperation will continue between Russia and Saudi Arabia," Ibrahim al-Muhanna said at the International Oil Summit in Paris, stressing that "it is the core of OPEC+ cooperation."
OIL MARKET IS FINE
2019, April, 22, 08:45:00
RUSSIA'S OIL PRODUCTION 11.24 MBD
Russian oil production was around 11.24 million barrels per day (bpd) between April 1 and April 18,
OIL MARKET IS FINE
2019, April, 17, 11:40:00
СТАБИЛЬНОЕ РАЗВИТИЕ МИРОВОЙ ЭНЕРГЕТИКИ
«Коммуникация в рамках МИРЭС предоставляет самые широкие возможности для выработки транспарентных подходов и стратегических решений в атмосфере тесного сотрудничества между странами и направлена на обеспечение стабильного развития мирового ТЭК», - сказал Александр Новак.
OIL MARKET IS FINE
2019, April, 17, 11:35:00
OIL PRICES: TROUBLED WATERS
On BRENT ;The Bulls are still gathering through the 71.72$ price mark. A hold of the 63.45$ price mark indicates a strong bull market in the June WTI Futures market,a fall below creates a range bound trade.
OIL MARKET IS FINE
2019, April, 15, 12:10:00
FRAGILE OIL MARKET
Iranian Minister of Petroleum Bijan Zangeneh said the current crude oil market was in a fragile state, adding, “If the US decided to exert more pressure on Iran, the oil market would become unpredictably more fragile.”
OIL MARKET IS FINE
2019, April, 12, 11:55:00
2019 GLOBAL OIL DEMAND EXCEED 100 MBD
Total world demand for the year is now expected to reach 99.91 mb/d and exceed the 100.00 mb/d threshold during 2H19. OECD oil demand growth is projected to reach 0.21 mb/d, with OECD Americas leading the increase, while oil demand in the non-OECD region is projected to rise by around 1.0 mb/d, with Other Asia and China being the primary contributors to growth.
OIL MARKET IS FINE
2019, April, 12, 11:45:00
RUSSIA COMMITTED TO OPEC+
“Russia will not increase its output unless in coordination with the rest of OPEC and OPEC+ countries,” Mazroui said. “I believe in the wisdom of Russia, and I believe that Russia has benefited from this agreement... I don’t see any reason for Russia not to continue with us.”
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Tags: OIL, PRICE, OPEC, IRAN, RUSSIA, US, IEA
Chronicle:
OIL MARKET IS FINE
2019, May, 24, 09:55:00
SOME PROBLEMS OF WORLD ENERGY. PART FOUR.
The introduction of oxygen energy technologies will allow 3-5 times reduce the price of heat and electricity, which will expand the use of the benefits of electricity to virtually all people on Earth, regardless of their economic condition and their removal from the traditional onnyh energy sources.
OIL MARKET IS FINE
2019, May, 24, 09:50:00
FIRST BANGLADESH'S LNG
Bangladesh’s second liquefied natural gas (LNG) floating facility is set to receive its first ship-to-ship transfer of gas from an Algerian cargo,
OIL MARKET IS FINE
2019, May, 23, 12:35:00
OIL PRICE: ABOVE $70 YET
Brent crude futures were at $70.36 per barrel, down 63 cents, or 0.9%, from their last close. U.S. West Texas Intermediate (WTI) crude futures were down by 51 cents, or 0.8%, at $60.91 per barrel.
OIL MARKET IS FINE
2019, May, 23, 12:15:00
U.S. SANCTIONS FOR GERMANY
The German Economy Ministry has taken note of the threat of U.S. sanctions being placed on the Nord Stream 2 gas pipeline project, a spokeswoman said on Wednesday, adding that Berlin rejected sanctions that have extraterritorial effect.
OIL MARKET IS FINE
2019, May, 23, 12:10:00
RUSSIA'S GAS FOR AUSTRIA: +44%
the meeting participants discussed the ongoing exports of Russian gas to Austria, noting that gas exports to the country continue to grow in 2019 and the pace is accelerating. According to preliminary data, gas supplies went up by 20.5 per cent in January-April 2019 compared to the same period of 2018, while the May 1–20 period of this year showed a 44 per cent increase.
OIL MARKET IS FINE
2019, May, 23, 12:05:00
VIETNAM, RUSSIA LNG
NOVATEK announced that its joint venture Arctic LNG 2 and TechnipFMC signed a contract on engineering, procurement, supply, construction and commissioning of an integrated liquefied natural gas facility with annual liquefaction capacity of 19.8 million tons under the Arctic LNG 2 project. The contract terms provide for the launch of the first train of the project in 2023.
OIL MARKET IS FINE
2019, May, 23, 12:02:00
21ST AFRICA ENERGY FORUM | 11-14TH JUNE | PORTUGAL
The Africa Energy Forum (AEF) is the global investment meeting for Africa’s power, energy, infrastructure and industrial sectors.
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