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2019-09-10 18:05:00

OIL PRICE:ABOVE $63

OIL PRICE:ABOVE $63

REUTERS - Oil futures rose on Tuesday to their highest levels in almost six weeks on optimism that OPEC and other producing countries will agree to extend output cuts to support prices.

Brent LCOc1 was up 67 cents or 1.07% at $63.26 a barrel by 1305 GMT, while U.S. West Texas Intermediate (WTI) futures CLc1 were up 63 cents, or 1.09%, at $58.48 a barrel.

Brent reached its highest level since Aug. 1, while U.S. crude rose to its highest since July 31.

Prince Abdulaziz bin Salman,…

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Earlier:

OIL PRICE:ABOVE $63
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 $63
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.
OIL PRICE:ABOVE $63
2019, September, 4, 18:20:00
OIL PRICE: NEAR $60
Brent was up $1.55, or 2.66%, at $59.81 a barrel, West Texas Intermediate futures CLc1 gained $1.56, or 2.66%, to $55.50 a barrel.
OIL PRICE:ABOVE $63
2019, September, 3, 13:25:00
OIL PRICE: NEAR $58
Brent was down 47 cents at $58.19 a barrel, WTI was down 65 cents, or 1.19%, at $54.45 a barrel
OIL PRICE:ABOVE $63
2019, September, 2, 13:20:00
OIL PRICE: NEAR $59 AGAIN
Brent crude slipped 22 cents, or 0.4%, to $59.03 a barrel, while WTI was down 2 cents at $55.083 at barrel.
OIL PRICE:ABOVE $63
2019, August, 30, 11:05:00
OIL PRICE: NEAR $60 STILL
Brent was down by 23 cents, or 0.4%, at $60.85 a barrel, WTI fell 40 cents, or 0.7%, to $56.31 a barrel.
OIL PRICE:ABOVE $63
2019, August, 28, 13:05:00
OIL PRICE: NEAR $60 AGAIN
Brent crude futures LCOc1 climbed 59 cents, or 1.0%, to $60.10 a barrel by 0652 GMT. West Texas Intermediate (WTI) crude futures CLc1 gained 70 cents, or 1.3%, to $55.63 a barrel.
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE:ABOVE $63
2019, November, 20, 11:36:00
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:ABOVE $63
2019, November, 20, 11:35:00
UAE COMMITTED TO OPEC+
Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, has re-affirmed the UAE's commitment to voluntary production adjustments under the agreement of the Organisation of Petroleum Exporting Countries and non-OPEC producers in support of the stability of the global oil market.
OIL PRICE:ABOVE $63
2019, November, 20, 11:30:00
GAZPROM'S PROPOSAL FOR NAFTOGAZ
In a statement, Gazprom said it had sent a letter to Naftogaz -- signed by Gazprom CEO Alexei Miller -- to "extend the existing contract or to conclude a new gas transit agreement through Ukraine for a period of one year."
OIL PRICE:ABOVE $63
2019, November, 20, 11:25:00
EU CLIMATE INVESTMENT $39 BLN
Next year, the EU has committed to finance projects worth 168.7 billion euros ($186.8 billion), of which 21% will go to measures to fight climate change.
OIL PRICE:ABOVE $63
2019, November, 20, 11:20:00
POLAND'S NUCLEAR INVESTMENT $60 BLN
Poland is seeking a foreign investor for a 49% stake in the company that will be responsible for building and operating six reactors, Piotr Naimski, a top government official in charge of strategic energy infrastructure, said
OIL PRICE:ABOVE $63
2019, November, 20, 11:15:00
INDIA'S COAL NEED INVESTMENT
The auctions, to be aimed at paring back India’s coal imports, are intended to attract global miners such as Glencore PLC, BHP Group, Anglo American PLC and Peabody Energy Corp.
OIL PRICE:ABOVE $63
2019, November, 20, 11:10:00
CHINA'S COAL CAPACITY UP
China also has another 121.3 GW of coal-fired power plants under construction, U.S.-based research network Global Energy Monitor said in its report, nearly enough to power the whole of France.
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