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June 2019

June 2019
2019, June, 28, 12:15:00
OIL PRICE: ABOVE $65 YET
Brent crude futures were down 35 cents, or 0.5%, at $66.20 per barrel, WTI crude CLc1 futures were down 30 cents, or 0.5%, at $59.13 a barrel.
June 2019
2019, June, 28, 12:10:00
SAUDI ARABIA, S.KOREA COOPERATION $8.3 BLN
The countries signed an $8.3 billion economic cooperation pact that included a $6 billion deal between Saudi Aramco and the Korean company S-Oil to build an oil refinery and downstream petrochemical facilities in South Korea.
June 2019
2019, June, 28, 12:05:00
PEMEX LOAN $8 BLN
Mexican state oil company Pemex [PEMX.UL] signed an $8 billion syndicated loan with more than 20 banks to renew credit lines and refinance liabilities, President Andres Manuel Lopez Obrador said on Thursday.
June 2019
2019, June, 28, 12:00:00
AZERBAIJAN'S GDP UP 2.7%
A gradual economic recovery is underway. Recent increases in wages, pensions, and social assistance; and measures to reduce tax and debt burdens are expected to boost nonoil growth to 2.7 percent over the near term.
June 2019
2019, June, 28, 11:55:00
BANGLADESH'S GDP UP 7%
Economic growth in Bangladesh continues to be strong. Robust private consumption pushed real GDP growth close to 8 percent in FY2018, while inflation increased slightly, due mainly to higher food prices.
June 2019
2019, June, 27, 18:40:00
OIL PRICE: ABOVE $65
Brent crude was down 11 cents at $66.38 by 1321 GMT. U.S. West Texas Intermediate crude fell 26 cents to $59.12.
June 2019
2019, June, 27, 18:35:00
U.S. GREEN ENERGY PRICE: $4.7 TLN
Eliminating fossil fuels from the U.S. power sector, a key goal of the “Green New Deal” backed by many Democratic presidential candidates, would cost $4.7 trillion and pose massive economic and social challenges, according to a report released on Thursday by energy research firm Wood Mackenzie.
June 2019
2019, June, 27, 18:30:00
U.S. RENEWABLE UP
In April 2019, U.S. monthly electricity generation from renewable sources exceeded coal-fired generation for the first time
June 2019
2019, June, 27, 18:25:00
CHINA'S IMPORTS TO U.S. : $300 BLN
“Imposing tariffs on the remainder of U.S. imports from China will put undue strain on the supply chains of the natural gas and oil industry that enable the delivery of reliable and affordable energy to American families and businesses,” said Dr. Aaron Padilla, API’s Senior Advisor for International Policy.
June 2019
2019, June, 27, 18:20:00
IRAN'S OIL TO CHINA DOWN
China imported 1.08 million mt, or 255,065 b/d, of crude oil from Iran in May, down 66.7% from the five-year high of 3.24 million mt in April as the US' sanction waivers for Iranian oil expired on May 2.