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2019-08-23 10:45:00

ROSNEFT SWITCH TO EURO

ROSNEFT SWITCH TO EURO

REUTERS - Russia's Rosneft, one of the world's top oil producers and exporters, has notified customers that future tender contracts for oil products will be denominated in euros not dollars, five trading sources told Reuters.

The move, which could come as soon as this year, is likely to be seen as an attempt to offset any potential negative impact of U.S. sanctions on Russia.

Rosneft, which accounts for over 40% of oil output in Russia, produced 45.8 million tonnes of oil products…

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ROSNEFT SWITCH TO EURO
2019, August, 21, 12:10:00
ROSNEFT NET INCOME +48%
Rosneft's 1H 2019 Net income jumped by 9% YoY to RUB 325 bln, including by 1.5 times QoQ to RUB 194 bln
ROSNEFT SWITCH TO EURO
2019, August, 21, 12:00:00
ROSNEFT OUTPUT 5.8 MBD
Rosneft's hydrocarbon production in H1 2019 amounted to 5.81 mmboed (141.8 mmtoe for the half-year), exceeding H1 2018 level by 1.8%.
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Tags: ROSNEFT, RUSSIA
Chronicle:
ROSNEFT SWITCH TO EURO
2019, September, 23, 14:00:00
U.S. PETROLEUM DEMAND 21.5 MBD
Total U.S. petroleum demand of 21.5 mb/d was highest for any month since August 2005; Improved infrastructure helped increase supply and lower prices; Highest U.S. petroleum exports (8.1 mb/d) for the month of August; and Total inventories increased year-on-year for the ninth consecutive month.
ROSNEFT SWITCH TO EURO
2019, September, 23, 13:55:00
DUBAI: THE 8TH POSITION OF GFCI
Dubai has risen the ranks of the Global Financial Centres Index, GFCI, to the eighth position, representing its highest ever-ranking. The city is the only financial centre within the Middle East, Africa and South Asia, MEASA, to appear within the top 10 rankings, placing it alongside other pivotal financial hubs such as London, New York, Hong Kong and Singapore.
ROSNEFT SWITCH TO EURO
2019, September, 23, 13:50:00
UAE GDP WILL UP 2.4%
Real economic growth in the UAE, as estimated by Central Bank of the United Arab Emirates, exhibited Y-o-Y growth of 2.2 percent in Q2 -2019, lower than in the previous quarter. The bank expects national economy to grow 2.4 pc in 2019, driven by faster growth in the non-oil sector.
ROSNEFT SWITCH TO EURO
2019, September, 23, 13:45:00
ROSNEFT INVESTMENT FOR INDIA
Минприроды России произвело оценку запасов полезных ископаемых в натуральном и стоимостном измерениях по итогам 2018 года и их изменений относительно результатов оценки по итогам 2017 года.
ROSNEFT SWITCH TO EURO
2019, September, 23, 13:40:00
U.S. RIGS DOWN 18 TO 868
U.S. Rig Count is down 18 rigs from last week to 868, with oil rigs down 14 to 719, gas rigs down 5 to 148, and miscellaneous rigs up 1 to 1. Canada Rig Count is down 15 rigs from last week to 119, with oil rigs down 11 to 82 and gas rigs down 4 to 37.
ROSNEFT SWITCH TO EURO
2019, September, 20, 15:45:00
OIL PRICE: NEAR $64
Brent crude LCOc1 was up 7.7% since last Friday’s close, the biggest weekly rise since January. The front-month November contract was at $64.88 a barrel, up 48 cents, by 1113 GMT. U.S. West Texas Intermediate (WTI) crude futures CLc1 rose 59 cents to $58.72 a barrel, set to post a gain of over 7% for the week.
ROSNEFT SWITCH TO EURO
2019, September, 20, 15:30:00
GLOBAL OIL, GAS FINANCES DOWN
Brent crude oil daily average prices were 9% lower in second-quarter 2019 than in second-quarter 2018 and averaged $68 per barrel
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