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2020-01-17 11:45:00

OIL PRICE: NOT ABOVE $65

OIL PRICE: NOT ABOVE $65

REUTERS - Oil prices were steady on Friday as reports of sluggish economic growth in China, the world's biggest crude importer, raised concerns about fuel demand which countered optimism from the signing of a Sino-U.S. trade deal this week.

The world's second-largest economy grew by 6.1% in 2019, its slowest expansion in 29 years, government data showed on Friday.

"A well-expected fourth-quarter China GDP rate (6%) provided little clue for oil price trading on Friday morning, and mounting downward economic pressure will perhaps limit oil's upside in…

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Earlier:

OIL PRICE: NOT ABOVE $65
2020, January, 15, 13:05:00
OIL PRICE: ABOVE $64
Brent was down 16 cents, or 0.3%, at $64.33 per barrel, WTI were down 15 cents, or 0.3%, at $58.08 a barrel.
OIL PRICE: NOT ABOVE $65
2020, January, 13, 15:55:00
OIL PRICE: NEAR $65
Brent was down 15 cents at $64.83 per barrel, WTI crude CLc1 was down 8 cents at $58.96 a barrel
OIL PRICE: NOT ABOVE $65
2020, January, 10, 11:55:00
OIL PRICE: ABOVE $65
Brent were up 26 cents, or 0.38%, to $68.53, WTI gained 10 cents, or 0.16%, to $62.80 a barrel.
OIL PRICE: NOT ABOVE $65
2020, January, 8, 14:45:00
OIL PRICE: NEAR $69
Brent were up 26 cents, or 0.38%, to $68.53, WTI gained 10 cents, or 0.16%, to $62.80 a barrel.
OIL PRICE: NOT ABOVE $65
2020, January, 6, 11:25:00
OIL PRICE: NEAR $70
Brent soared to a high of $70.74 a barrel, WTI was at $64.15 a barrel,
OIL PRICE: NOT ABOVE $65
2019, December, 30, 11:20:00
OIL PRICE: ABOVE $68
Brent were at $68.36 a barrel, up 20 cents, or 0.3%, WTI edged up 5 cents to $61.77 a barrel.
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: NOT ABOVE $65
2020, February, 26, 10:09:00
RUSSIA'S LNG INVESTMENT PROJECTS
Experts expect LNG production growth in Russia. By 2024, the projected export growth is up to 47,9 million tonnes. The latest news on encouraging LNG application in the country reveals that Russian shipping companies are switching to fuel with low sulphur and nitrogen content starting from 1 January 2020.
OIL PRICE: NOT ABOVE $65
2020, February, 26, 10:05:00
NETHERLAND'S GRONINGEN GAS DOWN ANEW
The Dutch government plans to reduce gas extraction from the Groningen gas field in 2020 from the expected 11.8 bcm to 10 bcm,
OIL PRICE: NOT ABOVE $65
2020, February, 26, 10:00:00
GCC RENEWABLE INVESTMENT $10 TLN
The GCC nations include Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE. The gulf region could save 354 million barrels of oil equivalent from adopting renewable energy by 2030, according to a 2019 study from the Abu Dhabi-based International Renewable Energy Agency.
OIL PRICE: NOT ABOVE $65
2020, February, 26, 09:55:00
CORONAVIRUS BRIEFLY: ARAMCO
The global impact of coronavirus will only be “short term”, according to the CEO of Saudi Aramco.
OIL PRICE: NOT ABOVE $65
2020, February, 26, 09:50:00
SMALL NUCLEAR FOR FINLAND
VTT Technical Research Centre in Finland has today announced the launch of a project to develop a small modular reactor for district heating.
OIL PRICE: NOT ABOVE $65
2020, February, 26, 09:45:00
CHINA'S RENEWABLE INVESTMENT $8.3 BLN
The China's state-owned company will spread a total renewable investment of CNY 58 billion (USD 8.3bn/EUR 7.6bn) between 25 new projects in 14 provinces and regions
OIL PRICE: NOT ABOVE $65
2020, February, 26, 09:40:00
ENERGY CONSUMERS' NEEDS 2020
Based on more than 7,500 survey responses from consumers in the U.S. and Canada throughout 2019, here are three themes on the needs of today's energy consumers:
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