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2019-07-09 17:20:00

OIL PRICE: NEAR $64

OIL PRICE: NEAR $64

REUTERS - Oil edged further above $64 a barrel on Tuesday as OPEC supply cuts and Middle East tensions countered the U.S.-China trade dispute that has been dragging down the global economy and oil demand.

OPEC and its allies led by Russia agreed last week to extend their supply-cutting deal until March 2020. Brent has risen almost 20% in 2019 supported by the pact and also tensions in the Middle East, especially concerns about the row over Iran's nuclear program.

Benchmark Brent…

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Earlier:

OIL PRICE: NEAR $64
2019, July, 8, 13:05:00
OIL PRICE: ABOVE $64
Brent crude futures were up 34 cents by 0908 GMT at $64.57. U.S. West Texas Intermediate (WTI) was up 18 cents at $57.69 a barrel.
OIL PRICE: NEAR $64
2019, July, 5, 11:45:00
OIL PRICE: NEAR $63
U.S. West Texas Intermediate (WTI) crude futures CLc1 were down $0.79 at $56.55 per barrel by 0754 GMT. There was no settlement price on Thursday because of the Independence Day holiday in the United States. Front-month Brent crude futures LCOc1 were down $0.23 at $63.07 per barrel. Both benchmarks were set for their biggest weekly falls in five weeks.
OIL PRICE: NEAR $64
2019, July, 4, 16:50:00
OIL PRICE: ABOVE $63
Front-month Brent crude futures LCOc1, the international benchmark for oil prices, were down 31 cents or 0.49% at $63.51 per barrel by 1320 GMT. Brent closed up 2.3% on Wednesday. U.S. West Texas Intermediate (WTI) crude futures CLc1 were down 51 cents or 0.89% at $56.83 per barrel. WTI closed up 1.9% on Wednesday.
OIL PRICE: NEAR $64
2019, July, 3, 11:55:00
OIL PRICE: NEAR $62
Brent crude futures LCOc1 for September delivery were trading up 12 cents, or 0.2%, at $62.52 a barrel, U.S. crude futures for August CLc1 were up 16 cents, or 0.3%, at $56.41 a barrel.
OIL PRICE: NEAR $64
2019, July, 2, 15:00:00
OIL PRICE: NEAR $65 YET
Brent crude futures LCOc1 were down 15 cents, or 0.23%, at $64.91 a barrel , U.S. crude futures for August CLc1 were down 12 cents, or 0.20%, at $58.97 a barrel
OIL PRICE: NEAR $64
2019, July, 1, 12:05:00
OIL PRICE: ABOVE $66
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.
OIL PRICE: NEAR $64
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: NEAR $64
2019, October, 11, 11:37:00
ADVANCES IN BIOFUELS AND BIOENERGY
Longdom welcomes you to attend the Advances in Biofuels and Bioenergy during October 21-22, 2019 at Toronto, Canada. We cordially invite all the participants interested in sharing their knowledge and research in the arena of Biofuels and environmental sciences.
OIL PRICE: NEAR $64
2019, October, 11, 11:35:00
NIGERIA'S OIL PRODUCTION 1.774 MBD
Nigeria's allocation was increased to 1.774 million barrels per day (bpd) from 1.685 million bpd at the last OPEC meeting in July,
OIL PRICE: NEAR $64
2019, October, 11, 11:30:00
NIGERIA WANTS $62 BLN
Nigeria is seeking to recover as much as $62 billion from international oil companies, using a 2018 Supreme Court ruling the state says enables it to increase its share of income from production-sharing contracts.
OIL PRICE: NEAR $64
2019, October, 11, 11:25:00
NIGERIA'S GDP UP 2.3%
Growth is expected to pick up to 2.3 percent this year on the strength of a continuing recovery in the oil sector and the regaining of momentum in agriculture following a good harvest.
OIL PRICE: NEAR $64
2019, October, 11, 11:20:00
ENEL BOND EUR2.5 BLN
Enel Finance International N.V. (“EFI”), the Dutch-registered finance subsidiary of Enel SpA (“Enel”[1]), today launched a multi-tranche “sustainable” bond for institutional investors on the European market totalling 2.5 billion euros. The bond is linked to the achievement of the United Nations Sustainable Development Goals (SDGs) and is the Group’s first “General Purpose SDG Linked Bond” issued on the European market.
OIL PRICE: NEAR $64
2019, October, 11, 11:15:00
IMPORTANT NUCLEAR ENERGY
"Developed countries have witnessed sluggish growth of nuclear power - except for six units in Finland, France, the US and the UK, no other nuclear power plant had been built in North America and the EU area for about 30 years. Over the same period however about 100 units were built in developing and emerging economies."
OIL PRICE: NEAR $64
2019, October, 11, 11:10:00
HALLIBURTON CUTTING 650 U.S. JOBS
U.S. oilfield services firm Halliburton on Wednesday said it was cutting 650 jobs across Colorado, Wyoming, New Mexico and North Dakota amid slowing oil and gas activity.
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