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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, August, 7, 13:29:00
MINING OF RUSSIA
Mining of Russia 2020 brings together more than 200 senior executives of the key mining companies from Russia and the CIS Name: International Conference & Onsite visit Mining of Russia 2020 Date: 3 - 4 September 2020, Kursk, Russia
OIL PRICE: NEAR $67
2020, August, 7, 13:28:00
TANK FARMS AND OIL TERMINALS IN RUSSIA, CONFERENCE AND EXIBITION
We are glad to announce that the 15th Technical Conference Tank Farms and Oil Terminals: from Advanced Design to Operational Excellence 2020 is now open. The event will take place on 12-13 November 2020, in Saint-Petersburg.
OIL PRICE: NEAR $67
2020, August, 7, 13:25:00
WIND ENERGY CHALLENGES
Many scientists and engineers expect wind turbines to generate at least half of our power by 2050.
OIL PRICE: NEAR $67
2020, August, 7, 13:20:00
IBERDROLA BOUGHT RENEWABLE INFIGEN
Spanish energy group Iberdrola has taken over Australian renewable producer Infigen Energy
OIL PRICE: NEAR $67
2020, August, 6, 12:10:00
OIL PRICE: NEAR $45 ANEW
Brent fell 7 cents to $45.10 a barrel, WTI was down 25 cents at $41.94.
OIL PRICE: NEAR $67
2020, August, 6, 12:05:00
INDIA'S OIL DEMAND DOWN
The last time India witnessed negative growth in oil demand was in 2001 when consumption had fallen marginally from 2000 levels.
OIL PRICE: NEAR $67
2020, August, 6, 12:00:00
GLOBAL OFFSHORE WIND 6.1 GW
With 6.1 GW new capacity added, 2019 was the best year in history for the global offshore wind industry.
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