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2019-08-06 12:45:00

OIL PRICE: NEAR $60

OIL PRICE: NEAR $60

REUTERS - Oil prices rebounded slightly on Tuesday from big falls in recent sessions, but Brent crude remained near eight-month lows around $60 a barrel due to escalating trade tensions between China and the United States.

Brent prices have lost more than 9% in the past week, with U.S. President Donald Trump vowing to impose new tariffs on Chinese imports, and China making further moves against U.S. agricultural cargoes.

The United States also responded to a decline in China's yuan on Monday by branding the country a currency manipulator.

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Earlier:

OIL PRICE: NEAR $60
2019, August, 5, 13:45:00
OIL PRICE: NEAR $61
Brent crude futures LCOc1 were down 71 cents, or 1.15%, to $61.18 per barrel by 0840 GMT. U.S. West Texas Intermediate (WTI) crude futures CLc1 were also down 71 cents, or 1.28%, to $54.95 a barrel.
OIL PRICE: NEAR $60
2019, August, 2, 12:05:00
OIL PRICE: BELOW $62
Brent futures rose $1.21, or 2%, to $61.71 a barrel by 0657 GMT, while WTI futures gained 87 cents, or 1.6%, to $54.82 a barrel.
OIL PRICE: NEAR $60
2019, August, 1, 12:15:00
OIL PRICE: BELOW $65
Brent crude futures, LCOc1 the international benchmark, fell 68 cents, or 1%, to $64.37 a barrel by 0709 GMT, having fallen more than $1 earlier in the session. U.S. West Texas Intermediate (WTI) CLc1 crude was down 72 cents, or 1.2%, at $57.86 a barrel, also having dropped more than a $1 earlier.
OIL PRICE: NEAR $60
2019, July, 31, 14:00:00
OIL PRICE: NEAR $65
Brent crude futures LCOc1, the international benchmark for oil prices, were up 40 cents, or 0.6%, at $65.12 a barrel by 0842 GMT. U.S. West Texas Intermediate crude CLc1 gained 20 cents, or 0.3%, to $58.25 a barrel.
OIL PRICE: NEAR $60
2019, July, 30, 12:25:00
OIL PRICE: NEAR $64 ANEW
Brent crude LCOc1 rose 46 cents, or 0.7%, to $64.17 a barrel by 0651 GMT, after gaining 0.4% the previous session. U.S. crude CLc1 was up 41 cents or 0.7%, at $57.28 a barrel, having risen 1.2% on Monday.
OIL PRICE: NEAR $60
2019, July, 25, 20:35:00
OIL PRICE: ABOVE $63 ANEW
Brent crude futures LCOc1 were up 74 cents, or 1.2%, at $63.92 a barrel by 10:59 a.m. (1459 GMT), after hitting a session high of $64.23. U.S. West Texas Intermediate crude CLc1 was up 67 cents, or 1.2%, at $56.55 a barrel, after hitting a session high of $56.99.
OIL PRICE: NEAR $60
2019, July, 20, 13:35:00
OIL PRICE: ABOVE $62
Brent crude LCOc1 futures settled 54 cents higher at $62.47 a barrel. West Texas Intermediate crude CLc1 futures rose 33 cents to end the session at $55.63 a barrel.
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: NEAR $60
2019, December, 13, 10:42:00
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 $60
2019, December, 13, 10:40:00
U.S.,IRAN SANCTIONS ANEW
The Islamic Republic has rejected negotiating a new deal with the Trump administration, saying talks are only possible if Washington returns to the nuclear pact and lifts sanctions.
OIL PRICE: NEAR $60
2019, December, 13, 10:35:00
SAUDI ARAMCO LISTED $25.6 BLN
The Kingdom of Saudi Arabia sold 3 billion shares (excluding any exercise of the Purchase Option), equivalent to 1.5% of the Company’s share capital. Priced at the top of the indicated range, the Offering generated proceeds of SAR96.0 billion / USD25.6 billion (assuming no exercise of the Purchase Option), making it the world’s largest IPO.
OIL PRICE: NEAR $60
2019, December, 13, 10:30:00
CHEVRON INVESTMENT $20 BLN FOR 2020
Chevron Corporation announced a 2020 organic capital and exploratory spending program of $20 billion.
OIL PRICE: NEAR $60
2019, December, 13, 10:25:00
NORWAY'S OIL INVESTMENT $21 BLN
Oil and gas investments in Norway are expected to rise by 3.8% next year to 194.6 billion Norwegian crowns ($21.2 billion) before declining in subsequent years, an industry lobby group said on Thursday.
OIL PRICE: NEAR $60
2019, December, 13, 10:20:00
NORWAY'S NOVEMBER PRODUCTION 2.016 MBD
Norway's preliminary production figures for November 2019 show an average daily production of 2 016 000 barrels of oil, NGL and condensate, which is an increase of 235 000 barrels per day compared to October.
OIL PRICE: NEAR $60
2019, December, 13, 10:15:00
NUCLEAR POWER IS A KEY
The use of nuclear power will need to increase to decarbonise electricity production, IAEA Director General Rafael Mariano Grossi said today at a side event during the United Nations COP25 climate summit in Madrid. Meeting sustainability and climate goals requires a significant use of nuclear energy, he said.
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