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2019-07-01 12:05:00

OIL PRICE: ABOVE $66

OIL PRICE: ABOVE $66

REUTERS - Oil prices rose over $2 a barrel on Monday as OPEC and its allies looked on track to extend supply cuts until at least the end of 2019 at their meeting in Vienna this week.

Front-month Brent crude futures touched an intraday high of $66.75 a barrel and were up $1.80 at $66.54 a barrel by 0834 GMT.

U.S. crude futures for August climbed $1.57 to $60.04 a barrel, after earlier hitting their highest in over five weeks at $60.28.

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Earlier:

OIL PRICE: ABOVE $66
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.
OIL PRICE: ABOVE $66
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.
OIL PRICE: ABOVE $66
2019, June, 26, 14:10:00
OIL PRICE: NEAR $65
Front-month Brent crude futures were up 84 cents at $65.89 per barrel by 0948 GMT. WTI crude futures were at $58.91 per barrel, up $1.08 from their last settlement.
OIL PRICE: ABOVE $66
2019, June, 25, 13:10:00
OIL PRICE: NEAR $64 ANEW
Brent crude futures were down 12 cents at $64.74, U.S. crude futures were up 3 cents at $57.93 a barrel.
OIL PRICE: ABOVE $66
2019, June, 25, 13:00:00
US, IRAN SANCTIONS ANEW
the United States had never targeted an Iranian head of state before and that was a sign Trump was getting personal.
OIL PRICE: ABOVE $66
2019, June, 25, 12:55:00
US CAN CLOSE HORMUZ
U.S. President Donald Trump said on Monday that other countries, including China and Japan, should protect their own oil tankers in the Middle East.
OIL PRICE: ABOVE $66
2019, June, 25, 12:50:00
U.S. FINANCIAL RISKS UP
In addition, a number of medium-term risks are growing. The financial system appears healthy but vulnerabilities in leveraged corporates and, potentially, in the nonbank system are elevated by historical standards. An abrupt reversal of the recent supportive financial market conditions or a deepening of ongoing trade disputes represent material risks to the U.S. economy, with concomitant negative outward spillovers. The U.S. public debt-to-GDP ratio is on an unsustainable path and is expected to continue rising throughout the medium-term, as aging related spending rises.
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: ABOVE $66
2019, November, 13, 12:37:00
NEW FRONTIERS IN RENEWABLE ENERGY
Longdom welcomes you to attend the New Frontiers in Renewable Energy and Resources during November 18-19, 2019 at Rome, Italy. We cordially invite all the participants interested in sharing their knowledge and research in the arena of Renewable Energy and Environment science and Engineering.
OIL PRICE: ABOVE $66
2019, November, 13, 12:35:00
ARAMCO'S LNG FOR BANGLADESH
ACWA Power and Saudi Aramco signed a deal with Bangladesh Power Development Board to develop a 3,600-megawatt LNG-based power plant and terminal in the country.
OIL PRICE: ABOVE $66
2019, November, 13, 12:30:00
EXXON'S INVESTMENT FOR UAE $6.5 BLN
ExxonMobil has invested around US$6.5 billion in Upper Zakum oilfield since its involvement in the offshore field in 2006, according to Christian G. Lenoble, President and UAE Lead Country Manager of Exxon (Al-Khalij) Inc.
OIL PRICE: ABOVE $66
2019, November, 13, 12:25:00
FRANCE'S NUCLEAR POWER DOWN 7.6%
EDF said total output since the start of the year stood at 317.3 TWh, down 1.3% compared with the same period a year ago.
OIL PRICE: ABOVE $66
2019, November, 13, 12:20:00
LUKOIL PRODUCTION +1.6%
For the nine months of 2019 LUKOIL Group's average hydrocarbon production excluding the West Qurna-2 project amounted to 2,337 thousand boe per day, which is 1.6% higher year-on-year.
OIL PRICE: ABOVE $66
2019, November, 11, 13:25:00
OIL PRICE: NOT ABOVE $62 ANEW
Brent was down 69 cents, or 1.1%, at $61.82, WTI was 63 cents, or 1.1%, lower at $56.61 a barrel
OIL PRICE: ABOVE $66
2019, November, 11, 13:17:00
POLAND'S FINE FOR NORD STREAM 2: $44.5 MLN
Poland's antitrust authority, the Office of Competition and Consumer Protection (UOKiK), said Friday it had imposed a fine on France's Engie of Zloty 172 million ($44.5 million) for its failure to provide the watchdog with documents regarding its agreements with Gazprom aboutfinancing the Nord Stream 2 gas pipeline.
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