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2019-05-02 17:15:00

OIL PRICE: NOT ABOVE $72

OIL PRICE: NOT ABOVE  $72

REUTERS - Oil prices fell on Thursday, pulled down by record U.S. crude production that led to a surge in inventories.

Brent crude oil futures were at $71.47 per barrel at 1037 GMT, 71 cents below their last close. Brent is set for a weekly loss, which would break its longest string of weekly gains for a year.

U.S. West Texas Intermediate crude futures were down 76 cents at $62.84 per barrel.

U.S. crude stockpiles…

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Earlier:

OIL PRICE: NOT ABOVE  $72
2019, April, 29, 12:00:00
OIL PRICE: ABOVE $71 ANEW
Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald Trump demanded that producer club OPEC raise output to soften the impact of U.S. sanctions against Iran.
OIL PRICE: NOT ABOVE  $72
2019, April, 29, 11:30:00
OIL PRICE: WILL BE $100
"Not extending the oil waivers of some countries is another side of the US measures against Iran. But if Iran's oil is fully sanctioned, oil price will go higher than $100 per barrel,"
OIL PRICE: NOT ABOVE  $72
2019, April, 26, 11:30:00
OIL PRICE: NOT ABOVE $74 YET
Oil prices dipped on Friday on expectations that producer club OPEC will soon raise output to make up for a decline in exports from Iran following a hardening of sanctions on Tehran by the United States.
OIL PRICE: NOT ABOVE  $72
2019, April, 26, 11:25:00
OIL PRICES 2019-20: $66 - $65
Crude oil prices are expected to average $66 a barrel in 2019 and $65 a barrel in 2020,
OIL PRICE: NOT ABOVE  $72
2019, April, 24, 11:30:00
OIL MARKET IS FINE
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.
OIL PRICE: NOT ABOVE  $72
2019, April, 24, 11:25:00
OIL PRICE: OPEC + IRAN
OPEC is due to meet in June, where the Iran question will no doubt be raised. But oil and gas leaders are taking a cautious approach, with Kuwait's oil minister Khaled Al Fadhel noting that a decision would be taken only after a review of oil prices.
OIL PRICE: NOT ABOVE  $72
2019, April, 24, 11:20:00
OIL PRICE: OPEC + RUSSIA
the risk of oil prices heading well above $70/b to the oil market and the global economy, while also saying that if prices were too low it would hit investment in the industry and key oil producing countries.
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: NOT ABOVE  $72
2019, September, 11, 11:25:00
DUTCH GRONINGEN GAS DOWN 6%
Dutch Groningen gas production in August was down 6% on the year but up 6% from to 1.26 Bcm, according to data from operator NAM.
OIL PRICE: NOT ABOVE  $72
2019, September, 10, 18:05:00
OIL PRICE:ABOVE $63
Brent was up 67 cents or 1.07% at $63.26 a barrel, WTI were up 63 cents, or 1.09%, at $58.48 a barrel.
OIL PRICE: NOT ABOVE  $72
2019, September, 10, 17:45:00
ENERGY NEED INVESTMENT $11 TLN
The chief executive of the Abu Dhabi National Oil Company (ADNOC) said that the long-term outlook for global energy demand was “robust” and that investment of $11 trillion in oil and gas was needed to keep up with projected demand.
OIL PRICE: NOT ABOVE  $72
2019, September, 10, 17:40:00
CHINA'S GAS IMPORTS UP 10%
Over January-August, China imported a total of 63.04 million mt, or 86.93 Bcm of natural gas, up 10.3% from 57.15 million mt, or 78.81 Bcm, during the same period last year, according to the customs data.
OIL PRICE: NOT ABOVE  $72
2019, September, 10, 17:35:00
U.S., IRAN SANCTIONS FOREVER
The United States will continue to impose sanctions on whoever purchases Iran’s oil or conducts business with Iran’s Revolutionary Guards and no oil waivers will be re-issued, a U.S. official said on Sunday.
OIL PRICE: NOT ABOVE  $72
2019, September, 10, 17:30:00
SOLUTION: NUCLEAR ENERGY
"Energy is essential for promoting human development and global demand is projected to increase significantly in the coming decades," Rising said. "Securing access to modern and affordable energy is essential for all, lifting people out of poverty and promoting energy independence and economic growth. Nuclear energy is a proven solution with a long established track record.
OIL PRICE: NOT ABOVE  $72
2019, September, 10, 17:28:00
EURO CLIMATE CHANGE 2019
Longdom is a renowned organization that organizes highly notable conferences throughout the globe. Currently we are bringing forth Challenges in Global Climate Change (Euro Climate Change 2019) scheduled to be held during November 18-19, 2019 Rome, Italy. The conference invites all the participants across the globe to attend and share their insights and convey recent developments in the field of Climate change.
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