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2020-02-03 12:25:00

OIL PRICE: ABOVE $56

OIL PRICE: ABOVE $56

REUTERS - Brent crude prices fell on Monday to their lowest in more than a year, dragged down by worries about lower demand in China, the world's largest oil importer, following a coronavirus outbreak there.

There are signs fuel demand has plunged in China as airlines have canceled flights to halt the spread of the coronavirus and as provinces delay the reopening of factories after the Lunar New Year holiday. Supply chains across the world's second-largest economy and crude consumer have been disrupted, prompting its biggest refiner Sinopec to cut output by about 12% this month.

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Earlier:

OIL PRICE: ABOVE $56
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 $56
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 $56
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 $56
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 $56
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 $56
2020, January, 20, 12:20:00
OIL PRICE: NOT ABOVE $66
Brent were up by 70 cents, or 1.11%, to $65.55, WTI was up by 56 cents, or 1%, at $59.10 a barrel, after rising to $59.73, the highest since Jan. 10.
OIL PRICE: ABOVE $56
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 $56
2020, October, 1, 13:24:00
PUBLIC PRIVATE PARTNERSHIP WORKSHOP: FINANCING, PROJECTS & CONTRACTS
Singapore – The Public Private Partnership (PPP): Financing, Projects & Contracts workshop is back for 2020. With more sessions in different locations, Infocus International is delighted to bring one of their best events to professionals from all around the world.
OIL PRICE: ABOVE $56
2020, October, 1, 13:20:00
U.S. GDP DOWN 31.4%
U.S. real gross domestic product (GDP) decreased at an annual rate of 31.4 percent in the second quarter of 2020
OIL PRICE: ABOVE $56
2020, October, 1, 13:15:00
SAUDI ARABIA GDP DOWN 7%
Gross Domestic Product (GDP) of Saudi Arabia contracted by 7.0% in real terms in the second quarter of 2020.
OIL PRICE: ABOVE $56
2020, October, 1, 13:10:00
TOTAL NET ZERO BY 2050
Growing energy demand and getting to Net Zero are the two global trends underpinning the Total Energy Outlook and thus the evolutions of the energy markets that Total integrates into its strategy.
OIL PRICE: ABOVE $56
2020, September, 30, 13:10:00
OIL PRICE: NOT BELOW $40 AGAIN
Brent dropped 40 cents, or 1%, to $40.63 per barrel, WTI fell 32 cents, or 0.8%, to $38.97.
OIL PRICE: ABOVE $56
2020, September, 30, 13:05:00
GLOBAL NUCLEAR ENERGY UPDOWN
The World Nuclear Industry Status Report 2020 (WNISR2020) provides a comprehensive overview of nuclear power plant data, including information on age, operation, production, and construction of reactors.
OIL PRICE: ABOVE $56
2020, September, 30, 13:00:00
NUCLEAR NEED HUMAN CAPITAL
EU nuclear industry - which currently supports around one million jobs - must invest in and maintain human capital by working closely with local and national governments and other stakeholders to make the industry more attractive to young people.
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