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2019-07-12 08:30:00

OIL PRICE: NEAR $67

OIL PRICE: NEAR $67

BLOOMBERG - Oil headed for its biggest weekly gain in three weeks as simmering Middle East tensions, shrinking U.S. crude inventories and a storm in the Gulf of Mexico all conspired to threaten the supply outlook.

Futures rose 0.6% in New York Friday and are up more than 5% for the week. Tropical Storm Barry, which could hit the Louisiana coast on Saturday, has already curbed about half of the energy output in the Gulf. Iran's attempt to block the passage of a British tanker in the Persian Gulf ratcheted up tension in the oil-rich region, while…

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Earlier:

OIL PRICE: NEAR $67
2019, July, 10, 12:55:00
OIL PRICE: NEAR $65 AGAIN
WTI had climbed 93 cents, or 1.6%, to $58.76, having earlier risen to $58.84. Brent was up 70 cents, or 1.1%, at $64.86, after earlier touching $64.95.
OIL PRICE: NEAR $67
2019, July, 9, 17:20:00
OIL PRICE: NEAR $64
Brent crude rose 15 cents to $64.26 a barrel , U.S. West Texas Intermediate crude was up 9 cents to $57.75.
OIL PRICE: NEAR $67
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 $67
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 $67
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 $67
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 $67
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 $67
2020, January, 20, 11:53:00
PROJECT FINANCE & PROJECT FINANCIAL MODELLING WORKSHOP
Registration opens for 2020 Project Finance & Project Financial Modelling workshop A 5-days course covers both project finance and financial modelling best practices.
OIL PRICE: NEAR $67
2020, January, 20, 11:52:00
SAIPEC EXIBITION, CONFERENCE 25-27 FEB 2020
WELCOME TO THE 4TH SUB SAHARAN AFRICA INTERNATIONAL PETROLEUM EXHIBITION AND CONFERENCE - OIL AND GAS AS AN ENABLER FOR ECONOMIC TRANSFORMATION IN SUB-SAHARAN AFRICA
OIL PRICE: NEAR $67
2020, January, 20, 11:51:00
7th ANNUAL INTERNATIONAL LNG CONGRESS RUSSIA, MOSCOW, 18-19 March 2020
Established one-of-a-kind platform for senior executives of large, medium, and small-scale Lng plants. Event: 7th Annual International LNG Congress Russia Date: 18-19 March 2020 Venue: Moscow, Baltschug Kempinski Organiser: Vostock Capital
OIL PRICE: NEAR $67
2020, January, 20, 11:50:00
NORWAY'S DECEMBER PRODUCTION 2.082 MBD
Norway's preliminary production figures for December 2019 show an average daily production of 2 082 000 barrels of oil, NGL and condensate, which is an increase of 95 000 barrels per day compared to November.
OIL PRICE: NEAR $67
2020, January, 20, 11:45:00
GERMANY NEED RENEWABLE
a sharp rise in the Germany’s renewable generation capacity was needed over the next 15 years to meet demand from the electrification of heating, transport and other industries.
OIL PRICE: NEAR $67
2020, January, 20, 11:40:00
RENEWABLE ENERGY BILLS TO WATCH
A “clean energy resource” is defined as “any technology used to generate electricity without emitting carbon dioxide into the atmosphere,” including “(i) electric generation facilities that are powered by nuclear, solar, wind, falling water, wave motion, tides, or geothermal power; (ii) a natural gas-fired generation facility with 80 percent carbon capture; or (iii) a coal-fired generation facility with 90 percent carbon capture.”
OIL PRICE: NEAR $67
2020, January, 20, 11:35:00
TAJIKISTAN'S GDP UP 5.5%
Tajikistan's economic activity has been strong in 2018-19.
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