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2019-08-14 12:25:00

OIL PRICE: NEAR $61 YET

OIL PRICE: NEAR $61 YET

REUTERS - Oil prices fell on Wednesday on disappointing economic data from China and a rise in U.S. crude inventories, erasing some of the sharp gains in the previous session after the U.S. said it would delay tariffs on some Chinese products, easing trade tensions.

Brent crude was down 46 cents, or 0.8%, at $60.84 a barrel at 0639 GMT, after rising 4.7% on Tuesday, the biggest percentage gain since December.

U.S. oil was down 62 cents, or 1.1%, at $56.48 a barrel, having risen 4% the previous session, the most in just over a month.

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Earlier:

OIL PRICE: NEAR $61 YET
2019, August, 13, 13:50:00
OIL PRICE: NEAR $58 ANEW
Brent crude futures were down 20 cents or 0.3% from the previous settlement at $58.29, WTI futures were at $54.69 per barrel
OIL PRICE: NEAR $61 YET
2019, August, 12, 13:30:00
OIL PRICE: NEAR $58
International benchmark Brent crude futures were at $58.16 a barrel by 0829 GMT, down 37 cents from their previous settlement. U.S. West Texas Intermediate (WTI) futures were at $53.89 per barrel, down 61 cents from their last close.
OIL PRICE: NEAR $61 YET
2019, August, 9, 13:15:00
OIL PRICE: ABOVE $57
Brent crude futures were at $57.80 a barrel by 0854 GMT, up 42 cents from their previous settlement. West Texas Intermediate (WTI) futures were at $52.80 per barrel, up 26 cents.
OIL PRICE: NEAR $61 YET
2019, August, 8, 11:25:00
OIL PRICE: BELOW $58
Brent crude had rebounded to $57.81 a barrel, up $1.58, or 2.81%, from its last close by 0634 GMT, while U.S. West Texas Intermediate (WTI) crude futures jumped $1.61, or 3.15%, to $52.70 a barrel.
OIL PRICE: NEAR $61 YET
2019, August, 7, 12:25:00
OIL PRICE: BELOW $59
Brent crude futures LCOc1 were down 11 cents, or nearly 2%, at 0823 GMT to set a fresh seven-month low. Prices have lost more than 20% since hitting their 2019 peak in April. U.S. West Texas Intermediate (WTI) crude futures CLc1 were flat at $53.63.
OIL PRICE: NEAR $61 YET
2019, August, 6, 12:45:00
OIL PRICE: NEAR $60
International benchmark Brent futures LCOc1 were up 28 cents at $60.09 a barrel by 0910 GMT, having dipped earlier in the session to their lowest since Jan. 14 at $59.07. West Texas Intermediate crude CLc1 futures rose 38 cents to $55.07 per barrel.
OIL PRICE: NEAR $61 YET
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.
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: NEAR $61 YET
2019, November, 13, 12:37:00
NEW FRONTIERS IN RENEWABLE ENERGY
Longdom welcomes you to attend the New Frontiers in Renewable Energy and Resources during November 18-19, 2019 at Rome, Italy. We cordially invite all the participants interested in sharing their knowledge and research in the arena of Renewable Energy and Environment science and Engineering.
OIL PRICE: NEAR $61 YET
2019, November, 13, 12:35:00
ARAMCO'S LNG FOR BANGLADESH
ACWA Power and Saudi Aramco signed a deal with Bangladesh Power Development Board to develop a 3,600-megawatt LNG-based power plant and terminal in the country.
OIL PRICE: NEAR $61 YET
2019, November, 13, 12:30:00
EXXON'S INVESTMENT FOR UAE $6.5 BLN
ExxonMobil has invested around US$6.5 billion in Upper Zakum oilfield since its involvement in the offshore field in 2006, according to Christian G. Lenoble, President and UAE Lead Country Manager of Exxon (Al-Khalij) Inc.
OIL PRICE: NEAR $61 YET
2019, November, 13, 12:25:00
FRANCE'S NUCLEAR POWER DOWN 7.6%
EDF said total output since the start of the year stood at 317.3 TWh, down 1.3% compared with the same period a year ago.
OIL PRICE: NEAR $61 YET
2019, November, 13, 12:20:00
LUKOIL PRODUCTION +1.6%
For the nine months of 2019 LUKOIL Group's average hydrocarbon production excluding the West Qurna-2 project amounted to 2,337 thousand boe per day, which is 1.6% higher year-on-year.
OIL PRICE: NEAR $61 YET
2019, November, 11, 13:25:00
OIL PRICE: NOT ABOVE $62 ANEW
Brent was down 69 cents, or 1.1%, at $61.82, WTI was 63 cents, or 1.1%, lower at $56.61 a barrel
OIL PRICE: NEAR $61 YET
2019, November, 11, 13:17:00
POLAND'S FINE FOR NORD STREAM 2: $44.5 MLN
Poland's antitrust authority, the Office of Competition and Consumer Protection (UOKiK), said Friday it had imposed a fine on France's Engie of Zloty 172 million ($44.5 million) for its failure to provide the watchdog with documents regarding its agreements with Gazprom aboutfinancing the Nord Stream 2 gas pipeline.
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