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2019-09-19 14:35:00

OIL PRICE: ABOVE $64

OIL PRICE: ABOVE $64

REUTERS - Oil prices rose sharply on Thursday, supported by supply risks brought about by last weekend's drone attacks on Saudi oil infrastructure and a cut in U.S. interest rates.

Brent crude futures LCOc1 gained $1.44 to $65.04 a barrel by 0958 GMT, while U.S. West Texas Intermediate crude CLc1 was up 89 cents at $59 a barrel.

The attacks knocked down more than half of Saudi Arabia's crude production and severely limited the country's spare capacity, a cushion for oil markets in any unplanned outage.

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Earlier:

OIL PRICE: ABOVE $64
2019, September, 18, 18:35:00
OIL PRICE: ABOVE $63
Brent were down 75 cents, or 1.16%, at $63.80 a barrel, WTI were down $1.15, or 1.94%, at $58.19.
OIL PRICE: ABOVE $64
2019, September, 17, 13:10:00
OIL PRICE: ABOVE $67
Brent was down 36 cents, or 0.5%, at $68.66 a barrel, and WTI was down 57 cents, or 0.9%, at $62.33 a barrel. Earlier, the crude benchmarks both fell by around 2%.
OIL PRICE: ABOVE $64
2019, September, 16, 15:20:00
OIL PRICE: NEAR $66
Brent crude futures, the international benchmark, rose as much as 19.5% to $71.95 per barrel, WTI futures climbed as much as 15.5% to $63.34
OIL PRICE: ABOVE $64
2019, September, 11, 12:00:00
OIL PRICE: NEAR $63
Brent rose 40 cents, or 0.6%, to $62.78 a barrel , WTI were up 37 cents, or 0.6%, to $57.77 a barrel.
OIL PRICE: ABOVE $64
2019, September, 10, 18:05:00
OIL PRICE:ABOVE $63
Brent was up 67 cents or 1.07% at $63.26 a barrel, WTI were up 63 cents, or 1.09%, at $58.48 a barrel.
OIL PRICE: ABOVE $64
2019, September, 6, 13:55:00
OIL PRICE: NEAR $60 YET
Brent was up 6 cents at $61.01 a barrel, WTI was up 5 cents at $56.35 a barrel.
OIL PRICE: ABOVE $64
2019, September, 5, 15:20:00
OIL PRICE: NEAR $61
Brent was up 17 cents at $60.87 a barrel, U.S. West Texas Intermediate (WTI) crude rose 1 cent to $56.27.
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: ABOVE $64
2020, January, 24, 13:19:00
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OIL PRICE: ABOVE $64
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OIL PRICE: ABOVE $64
2020, January, 24, 13:17:00
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OIL PRICE: ABOVE $64
2020, January, 24, 13:15:00
OIL, GAS ENERGY TRANSITION
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OIL PRICE: ABOVE $64
2020, January, 24, 13:10:00
GLOBAL RENEWABLE ELECTRICITY UP 20%
global electric power generation from renewable sources will increase more than 20% throughout the projection period (2018–2050), providing almost half of the world’s electricity generation in 2050. In that same period, global coal-fired generation will decrease 13%, representing only 22% of the generation mix in 2050.
OIL PRICE: ABOVE $64
2020, January, 24, 13:05:00
UAE INVESTMENT FOR EGYPT $7.2 BLN
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