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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
2019, December, 9, 13:08:00
Green Workplace Summit 11 December 2019
We would like to invite your organization to participate at the Green Workplace Summit which will focus on developing a healthy, energy-efficient and sustainable built environment for all, taking place on the 11 December 2019 in the Sultanate of Oman. The event is organized by be’ah and White Paper Summits.
OIL PRICE: NEAR $67
2019, December, 9, 13:07:00
Energy Week Georgia 2020, 28-30th January, Tbilisi
On 28-30th January 2020 the international investment event “Energy Week Georgia 2020” will take place in Tbilisi.
OIL PRICE: NEAR $67
2019, December, 9, 13:05:00
NUCLEAR POWER FOR CLIMATE
recent reports from the Intergovernmental Panel on Climate Change (IPCC), the International Energy Agency (IEA), and the World Energy Council have all highlighted nuclear power's role in the energy transition;
OIL PRICE: NEAR $67
2019, December, 9, 13:00:00
NUCLEAR POWER FOR CO2 CUTTING
A new report by researchers at the Massachusetts Institute of Technology examined various scenarios for the decarbonization of the nation’s electricity sector. The MIT researcher’s simulations showed that availability of nuclear powered generation would help reduce the needed carbon price by up to 67 percent (to less than $40 per ton) in meeting a 90-percent reduction target (below 2005 levels) by 2050.
OIL PRICE: NEAR $67
2019, December, 9, 12:55:00
RUSSIA'S NUCLEAR FOR IRAN STOPPED
This makes it technologically impossible for TVEL to be further engaged in works at the Fordow facility. Uranium enrichment and stable medical isotope production cannot be sustained in the same room. Air and equipment are exposed to UF6 leftovers, making the produced stable medical isotopes unsuitable for medical purposes.
OIL PRICE: NEAR $67
2019, December, 9, 12:45:00
U.S. UNEMPLOYMENT 3.5%
Total nonfarm payroll employment rose by 266,000 in November, and the unemployment rate was little changed at 3.5 percent, the U.S. Bureau of Labor Statistics reported
OIL PRICE: NEAR $67
2019, December, 9, 12:40:00
WORLDWIDE RIG COUNT DOWN 81 TO 2,042
The worldwide rig count for November 2019 was 2,042, down 81 from the 2,123 counted in October 2019, and down 224 from the 2,266 counted in November 2018.
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