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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, April, 16, 11:54:00
ENERGY WEEK CENTRAL ASIA & MONGOLIA 2021
The high-level international investment conference Energy Week Central Asia & Mongolia 2021 will take place on a virtual event platform on 27-29 April bringing together the authorities, project operators of Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Mongolia , as well as IFIs/DFIs, multinational energy companies.
OIL PRICE: ABOVE $54
2021, April, 16, 11:53:00
7TH MOZAMBIQUE MINING, OIL & GAS AND ENERGY CONFERENCE AND EXIBITION
Since 2008 MMEC has been covering the key developments, policies and projects in Mozambique’s extractive industries. It has become an important networking platform for all stakeholders by showcasing the huge opportunities in the Mining, Energy and Oil & Gas sectors and their ramification on the national economy.
OIL PRICE: ABOVE $54
2021, April, 16, 11:50:00
INDIA NEED HYDROGEN INFRASTRUCTURE
India would not only be pushing hydrogen in the transport sector, but would also expand its use to a range of sectors such as chemicals, iron and steel, heating and power.
OIL PRICE: ABOVE $54
2021, April, 16, 11:45:00
U.S. INDUSTRIAL PRODUCTION UP 1.4%
U.S. industrial production increased 1.4 percent in Murch.
OIL PRICE: ABOVE $54
2021, April, 15, 13:35:00
OIL PRICE: ABOVE $66
Brent was up by 16 cents at $66.74 a barrel. WTI rose 12 cents to $63.27 a barrel.
OIL PRICE: ABOVE $54
2021, April, 15, 13:30:00
ЧИСТАЯ ЭНЕРГЕТИКА РОССИИ
«Россия обладает одной из самых «чистых» структур энергетики – более 75% выработки электроэнергии приходится на безуглеродные и низкоуглеродные источники энергии. По этому показателю мы опережаем большинство стран мира, включая США, Германию и Китай», – рассказал Владимир Фургальский.
OIL PRICE: ABOVE $54
2021, April, 15, 13:25:00
RUSSIA'S OIL WILL UP
Russia outlined protection of its market share in the international market as one of its main goals for 2021.
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