2019-06-03 12:35:00
ARAMCO'S OIL PRICES DIFFERENCES
PLATTS - Saudi Aramco has raised the price differentials for all of its five crude oil grades loading in July and bound for Asia, the company said in a notice Sunday.
Aramco hiked the July price differential for its flagship Arab Light grade by 60 cents/b to a premium of $2.70/b to the average of Oman/Dubai, the highest since January 2014, when it was a premium of $3.75/b to Oman/Dubai.
The Arab Medium and Heavy grade July price differentials were raised by 50 cents/b…
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Earlier:
2019, May, 31, 12:35:00
OIL PRICE: NEAR $65
Front-month Brent crude futureswere at $65.72 at 0844 GMT, down $1.15 from last session’s close. WTI crude futures were at $55.85 per barrel, down 74 cents from their last settlement.
2019, May, 30, 18:10:00
RUSSIA'S OIL PRODUCTION 11.12 MBD
Russia’s recent oil output is below the 11.18 billion bpd target Moscow has pledged as part of an international deal among producers to curb production to support prices.
2019, May, 24, 10:20:00
OPEC+ COMPLIANCE 168%
Although compliance to the cuts had a slow start, OPEC's JMMC noted in a press release following their meeting in Jeddah, Saudi Arabia, that compliance had hit a record high of 168% in April 2019. Average conformity reached 120% since January 2019.
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.
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."
2019, May, 17, 07:55:00
OIL NEED PEACE
The region needs more peace and stability to ensure the flow of oil supplies, Mohammad Sanusi Barkindo, Secretary-General of the Organisation of the Petroleum Exporting Countries, OPEC, has said, noting that, "Any tension that occurs in the region affects the whole world."
Chronicle:
2021, April, 16, 11:54:00
ENERGY WEEK CENTRAL ASIA & MONGOLIA 2021
The high-level international investment conference Energy Week Central Asia & Mongolia 2021 will take place on a virtual event platform on 27-29 April bringing together the authorities, project operators of Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Mongolia , as well as IFIs/DFIs, multinational energy companies.
2021, April, 16, 11:53:00
7TH MOZAMBIQUE MINING, OIL & GAS AND ENERGY CONFERENCE AND EXIBITION
Since 2008 MMEC has been covering the key developments, policies and projects in Mozambique’s extractive industries. It has become an important networking platform for all stakeholders by showcasing the huge opportunities in the Mining, Energy and Oil & Gas sectors and their ramification on the national economy.
2021, April, 16, 11:50:00
INDIA NEED HYDROGEN INFRASTRUCTURE
India would not only be pushing hydrogen in the transport sector, but would also expand its use to a range of sectors such as chemicals, iron and steel, heating and power.
2021, April, 16, 11:45:00
U.S. INDUSTRIAL PRODUCTION UP 1.4%
U.S. industrial production increased 1.4 percent in Murch.
2021, April, 15, 13:35:00
OIL PRICE: ABOVE $66
Brent was up by 16 cents at $66.74 a barrel. WTI rose 12 cents to $63.27 a barrel.
2021, April, 15, 13:30:00
ЧИСТАЯ ЭНЕРГЕТИКА РОССИИ
«Россия обладает одной из самых «чистых» структур энергетики – более 75% выработки электроэнергии приходится на безуглеродные и низкоуглеродные источники энергии. По этому показателю мы опережаем большинство стран мира, включая США, Германию и Китай», – рассказал Владимир Фургальский.
2021, April, 15, 13:25:00
RUSSIA'S OIL WILL UP
Russia outlined protection of its market share in the international market as one of its main goals for 2021.