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2019-05-22 11:00:00

OIL PRICE: NEAR $72 AGAIN

OIL PRICE: NEAR $72 AGAIN

REUTERS - Oil prices fell on Wednesday after industry data showed an increase in U.S. crude inventories and as Saudi Arabia pledged to keep markets balanced.

However, analysts said oil markets remained tight amid supply cuts led by producer group OPEC and as political tension escalates in the Middle East.

Brent crude futures were down 39 cents, or 0.5 percent, at $71.79 at barrel by 0658 GMT.

U.S. West Texas…

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Earlier:

OIL PRICE: NEAR $72 AGAIN
2019, May, 21, 15:55:00
OIL PRICE: ABOVE $72 ANEW
Brent crude futures, the international benchmark for oil prices, were at $72.31 per barrel at 1030 GMT, up 34 cents, or 0.5 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were up 42 cents, or 0.7 percent, at $63.52 per barrel.
OIL PRICE: NEAR $72 AGAIN
2019, May, 21, 15:50:00
ИСПОЛНЕНИЕ СДЕЛКИ ОПЕК+
“Мы отметили, что странам Соглашения необходимо вернуться к полному исполнению сделки для гарантии того, что стабильность рынка сохранится. Конкретные параметры, в которых мы будем действовать во второй половине 2019 года, будут определены в Вене в течение месяца. Мы рассматриваем разные опции, в том числе послабление квот по сокращению добычи. Естественно, при соответствующих сигналах от рынка”,
OIL PRICE: NEAR $72 AGAIN
2019, May, 21, 15:45:00
BALANCED OIL MARKET
Following its 14th Meeting, which took place on 19 May 2019, in Jeddah, the Kingdom of Saudi Arabia, the Joint Ministerial Monitoring Committee (JMMC) has reaffirmed its commitment to achieving a balanced market and working towards oil market stability on a sustainable basis with solid fundamentals.
OIL PRICE: NEAR $72 AGAIN
2019, May, 21, 15:40:00
OPEC+ WILL STAY
"We want to bring inventories down to a more normal levels," Falih said. "We need to stay the course and do that in the weeks and months to come."
OIL PRICE: NEAR $72 AGAIN
2019, May, 21, 15:35:00
OPEC+ RUSSIA COOPERATION
Russia sees a range of options that would allow OPEC+ to continue output cooperation until year-end, from easing the limits to ending the extreme throttling-back that has seen some countries exceed original cutback targets.
OIL PRICE: NEAR $72 AGAIN
2019, May, 20, 12:00:00
OIL PRICE: NEAR $73
Brent crude was up by 90 cents, or 1.3%, at $73.11 a barrel, U.S. West Texas Intermediate crude was up 71 cents, or 1.1% higher, at $63.47 a barrel.
OIL PRICE: NEAR $72 AGAIN
2019, May, 17, 08:00:00
OIL PRICE: ABOVE $72
July ICE Brent crude futures were up 35 cents/b (0.48%) from Thursday's settle to $72.97/b, while the NYMEX June light sweet crude contract gained 41 cents/b (0.65%) at $63.28/b.
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: NEAR $72 AGAIN
2020, July, 10, 11:19:00
PROJECT FINANCE & PROJECT FINANCIAL MODELLING
Modern project finance transactions require a high level of expertise in building financial models which are reliable and flexible to accommodate the changing requirements occurring during the life of a project. This 5 days course covers both project finance and financial modelling best practices.
OIL PRICE: NEAR $72 AGAIN
2020, July, 10, 11:18:00
OIL and GAS RUSSIA and CIS ONLINE
Online Business Forum, Onsite Visits and 1-2-1 Meetings "Oil and Gas Russia and CIS Online" will be held on 15-17 July 2020
OIL PRICE: NEAR $72 AGAIN
2020, July, 10, 11:17:00
Real Estate Finance, Investment Analysis, Valuation & Modelling
Real estate construction or investment requires a high level of technical expertise in building and using financial models if the building is to be profitable for its builder or owner.
OIL PRICE: NEAR $72 AGAIN
2020, July, 10, 11:15:00
SAUDI'S DERIVATIVES EXCHANGE
Saudi Arabia’s Capital Market Authority (CMA) plans to launch a derivatives exchange in the latest move to modernize the Kingdom’s financial landscape.
OIL PRICE: NEAR $72 AGAIN
2020, July, 9, 15:55:00
OIL PRICE: NEAR $43 AGAIN
Brent up 5 cents, or 0.12%, to $43.34, WTI dipped 14 cents, or 0.3%, to $40.76,
OIL PRICE: NEAR $72 AGAIN
2020, July, 9, 15:50:00
GLOBAL OIL INVENTORIES WILL DOWN
Global oil inventories to generally draw through the end of 2021 as global oil demand continues to recover.
OIL PRICE: NEAR $72 AGAIN
2020, July, 9, 15:45:00
TOTAL FOR MOZAMBIQUE LNG $15.8 BLN
The project, Mozambique LNG, is one of several being developed in the country’s extreme north following one of the largest gas finds in a decade off its coast.
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