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2019-06-03 12:40:00

RUSSIA'S OIL PRODUCTION DOWN

RUSSIA'S OIL PRODUCTION DOWN

REUTERS - Russian oil output fell to 11.11 million barrels per day (bpd) in May, its lowest level since June 2018, from 11.23 million bpd in April, Energy Ministry data showed on Sunday.

The production fall resulted mainly from the closure due to oil contamination of Russia's Druzhba pipeline, which usually ships 1 million bpd, or 1 percent of global oil demand.

As a result, Russian oil production during May fell by more than stipulated in a global deal with the Organization of…

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RUSSIA'S OIL PRODUCTION DOWN
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.
RUSSIA'S OIL PRODUCTION DOWN
2019, May, 30, 18:20:00
DIVERSIFICATION IS IMPORTANT
To put these two things together, the shale oil affecting both the volume of export and the price, plus the developments in clean technologies, tell me that for those countries who meet in Vienna, it has never been more important for them to diversify their economies. We have seen in Algeria, for example, one of the main reasons is the low oil price and the impact on the economy, and the same with Venezuela and elsewhere.
RUSSIA'S OIL PRODUCTION DOWN
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.
RUSSIA'S OIL PRODUCTION DOWN
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.
RUSSIA'S OIL PRODUCTION DOWN
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."
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Tags: RUSSIA, OIL, PRODUCTION
Chronicle:
RUSSIA'S OIL PRODUCTION DOWN
2021, January, 15, 11:39:00
ГОРНОРУДНАЯ ПРОМЫШЛЕННОСТЬ РОССИИ: ОСНОВНЫЕ ТЕНДЕНЦИИ
Команда Восток Капитал подготовила отчет по результатам исследования основных тенденций горнорудной промышленности России
RUSSIA'S OIL PRODUCTION DOWN
2021, January, 15, 11:38:00
ГОРНОРУДНАЯ ПРОМЫШЛЕННОСТЬ В РОССИИ И СНГ: СТРОИТЕЛЬСТВО И МОДЕРНИЗАЦИЯ
Примите участие в конференции «Горнорудная промышленность России и СНГ: строительство и модернизация», которая состоится 24-25 марта 2021 г. в Курске.
RUSSIA'S OIL PRODUCTION DOWN
2021, January, 15, 11:35:00
U.S. OIL INVENTORIES DOWN 3.2 MB TO 482.2 MB
U.S. commercial crude oil inventories decreased by 3.2 million barrels to 482.2 million barrels.
RUSSIA'S OIL PRODUCTION DOWN
2021, January, 15, 11:25:00
INDIA'S INDEXES DOWN
The blue-chip NSE Nifty 50 index fell 0.5% to 14,529 and the benchmark S&P BSE Sensex was down 0.4% at 49,600.11 by 0411 GMT.
RUSSIA'S OIL PRODUCTION DOWN
2021, January, 15, 11:20:00
ENERGY LANDSCAPE IS CHANGING
Assuming human behavior holds steady, a big transition to electricity will send demand skyrocketing. Making matters worse, this will all be happening as we transition away from easily scaled fossil fuel sources to more finicky renewables.
RUSSIA'S OIL PRODUCTION DOWN
2021, January, 15, 11:15:00
GRID DIGITALIZATION: BENEFITS AND CHALLENGES IN 2021
The modern grid, also known as the smart grid, is interconnected and automated, with many technologies involved, including artificial intelligence (AI), edge computing, and the Internet of Things (IoT).
RUSSIA'S OIL PRODUCTION DOWN
2021, January, 14, 14:25:00
OIL PRICE: BELOW $56
Brent fell 36 cents to $55.70 a barrel. WTI dropped 26 cents to $52.65.
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