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2020-02-05 11:30:00

OIL PRICE: ABOVE $54

OIL PRICE: ABOVE $54

REUTERS - Oil prices rose on Wednesday, boosted by news that OPEC and its producer allies are weighing further output cuts to counter a potential squeeze on global oil demand resulting from China's fast-spreading coronavirus.

Brent crude oil futures LCOc1 were up 31 cents, or 0.6%, to $54.27 a barrel by 0734 GMT, while U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 21 cents or 0.4% to $49.82 a barrel. Both prices earlier rose more than 1%.

The Organization of the Petroleum Exporting Countries (OPEC) and its allies led by Russia, a group…

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Earlier:

OIL PRICE: ABOVE $54
2020, February, 3, 12:25:00
OIL PRICE: ABOVE $56
Brent crude was at $56.44 a barrel, down 18 cents, or 0.3%, WTI crude rose 10 cents to $51.66 a barrel,
OIL PRICE: ABOVE $54
2020, January, 31, 12:35:00
OIL PRICE: NEAR $59
Brent were 68 cents higher at $58.97 a barrel, WTI were up by 70 cents to $52.84 a barrel
OIL PRICE: ABOVE $54
2020, January, 29, 13:30:00
OIL PRICE: NEAR $60
Brent rose 66 cents, or 1.1%, to $60.17 a barrel. U.S. WTI was up 62 cents, or 1.2%, at $54.10 a barrel.
OIL PRICE: ABOVE $54
2020, January, 27, 15:00:00
OIL PRICE:NEAR $59
Brent fell by $1.79 a barrel, or 2.95%, to $58.90, WTI was down by $1.63, or 3%, at $52.55.
OIL PRICE: ABOVE $54
2020, January, 24, 13:45:00
OIL PRICE:NEAR $62
Brent were up 31 cents, or 0.5%, at $62.35 a barrel, WTI were up 27 cents, or 0.5% higher at $55.86 a barrel.
OIL PRICE: ABOVE $54
2020, January, 22, 12:55:00
OIL PRICE:NEAR $64
Brent was down 30 cents, or 0.5%, at $64.29 a barrel, WTI fell 33 cents, or 0.6%, to $58.05 a barrel
OIL PRICE: ABOVE $54
2020, January, 20, 12:05:00
OPEC'S OIL PRODUCTION DOWN 2 MBD
Recent statistics issued by the Organisation of the Petroleum Exporting Countries, OPEC, highlighted a decrease in its production by 6.3 percent or some 2 million barrels per day in 2019, compared to 2018.
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: ABOVE $54
2021, January, 26, 11:59:00
ГОРНОРУДНАЯ ПРОМЫШЛЕННОСТЬ РОССИИ: ОСНОВНЫЕ ТЕНДЕНЦИИ
Команда Восток Капитал подготовила отчет по результатам исследования основных тенденций горнорудной промышленности России
OIL PRICE: ABOVE $54
2021, January, 26, 11:58:00
ГОРНОРУДНАЯ ПРОМЫШЛЕННОСТЬ В РОССИИ И СНГ: СТРОИТЕЛЬСТВО И МОДЕРНИЗАЦИЯ
Примите участие в конференции «Горнорудная промышленность России и СНГ: строительство и модернизация», которая состоится 24-25 марта 2021 г. в Курске.
OIL PRICE: ABOVE $54
2021, January, 26, 11:55:00
MEXICO ELECTRICITY INVESTMENT $20 BLN
Mexico's Federal Electricity Commission (CFE) plans to invest the equivalent of 20 billion dollars in five years in the sector through the 2021-2025 Business Plan, which is circulating here.
OIL PRICE: ABOVE $54
2021, January, 26, 11:50:00
WIND POWER FOR UZBEKISTAN 2.5 GW
The two wind power plants, which will be powered by 200 turbines, have a total investment value of US$1.3bn.
OIL PRICE: ABOVE $54
2021, January, 26, 11:45:00
WIND POWER FOR FRANCE 1 GW
In December 2020, the French government selected an area located 32 km off the coast of Cotentin (Normandy) to build a 1 GW offshore wind project.
OIL PRICE: ABOVE $54
2021, January, 25, 14:40:00
OIL PRICE: NOT ABOVE $56 YET
Brent rose 34 cents, or 0.6%, to $55.75 a barrel. WTI was up 37 cents, or 0.7%, at $52.64.
OIL PRICE: ABOVE $54
2021, January, 25, 14:35:00
U.S. OIL INVENTORIES UP 4.4 MB TO 486.6 MB
U.S. commercial crude oil inventories increased by 4.4 million barrels to 486.6 million barrels.
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