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2019-07-02 15:00:00

OIL PRICE: NEAR $65 YET

OIL PRICE: NEAR $65 YET

REUTERS - Oil prices slipped on Tuesday as concerns that the global economy could be slowing outweighed an agreement by OPEC and allies, including Russia, to extend supply cuts until next March.

Brent crude futures LCOc1 were down 15 cents, or 0.23%, at $64.91 a barrel by 1110 GMT.

U.S. crude futures for August CLc1 were down 12 cents, or 0.20%, at $58.97 a barrel, after touching their highest in more than five weeks on Monday.

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Earlier:

OIL PRICE: NEAR $65 YET
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 $65 YET
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: NEAR $65 YET
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: NEAR $65 YET
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: NEAR $65 YET
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: NEAR $65 YET
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: NEAR $65 YET
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 $65 YET
2019, October, 16, 12:35:00
ADNOC, LUKOIL COOPERATION
The Abu Dhabi Government and the Abu Dhabi National Oil Company, ADNOC, have awarded to a subsidiary of the Russian listed PJSC Lukoil Oil Company, LUKOIL, a five percent stake in the Ghasha ultra-sour gas concession that comprises the Hail, Ghasha, Dalma and other offshore sour gas fields in the Emirate of Abu Dhabi. At the same time, ADNOC, LUKOIL, and the Management Company of Russian Direct Investment Fund, RDIF, signed a framework agreement to explore potential future cooperation in relation to the Ghasha concession.
OIL PRICE: NEAR $65 YET
2019, October, 16, 12:30:00
U.S. PRODUCTION: OIL + 58 TBD, GAS + 319 MCFD
Crude oil production from the major US onshore regions is forecast to increase 58,000 b/d month-over-month in October from 8,913 to 8,971 thousand barrels/day, gas production to increase 319 million cubic feet/day from 83,693 to 84,012 million cubic feet/day .
OIL PRICE: NEAR $65 YET
2019, October, 16, 12:20:00
U.S. OIL FOR S.KOREA DOUBLED
South Korea's crude oil imports from the US in September more than doubled from a year earlier, while intakes of Saudi crude dropped 17.6% year on year due to the September 14 attacks on Saudi's major oil facilities,
OIL PRICE: NEAR $65 YET
2019, October, 16, 12:15:00
NORWAY'S SEPTEMBER PRODUCTION 1.574 MBD
Norway's preliminary production figures for September 2019 show an average daily production of 1 574 000 barrels of oil, NGL and condensate, which is a decrease of 86 000 barrels per day compared to August.
OIL PRICE: NEAR $65 YET
2019, October, 16, 12:10:00
IMF: THE GLOBAL ECONOMY SLOWDOWN
Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008–09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook.
OIL PRICE: NEAR $65 YET
2019, October, 16, 12:05:00
HUNGARY'S GROWTH ABOVE 4%
Hungary's economy is expected to finish 2019 on a strong footing, growing well above 4 percent.
OIL PRICE: NEAR $65 YET
2019, October, 16, 12:00:00
SERBIA'S GDP UP 4%
Hungary's economy is expected to finish 2019 on a strong footing, growing well above 4 percent.
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