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2020-02-05 11:20:00

RUSSIA, SAUDI ARABIA READINESS

RUSSIA, SAUDI ARABIA READINESS

PLATTS - 03 Feb 2020 - Saudi Arabia and Russia are ready for "further coordination of actions" to ensure the stability of the global oil markets as oil prices have plunged amid concerns that the coronavirus will sap oil demand in the world's largest crude oil importer China.

Russian President Vladimir Putin and Saudi King Salman bin Abdulaziz "thoroughly discussed" the current oil market conditions as prices have fallen by more than 20% in the past three weeks amid global oil demand concerns, a Kremlin statement said late Monday.

"Both sides…

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RUSSIA, SAUDI ARABIA READINESS
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,
RUSSIA, SAUDI ARABIA READINESS
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
RUSSIA, SAUDI ARABIA READINESS
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.
RUSSIA, SAUDI ARABIA READINESS
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.
RUSSIA, SAUDI ARABIA READINESS
2020, January, 15, 12:50:00
OIL PRICES 2020-21: $65-$68
Brent crude oil spot prices will average $65 per barrel (b) in 2020 and $68/b in 2021, compared with an average of $64/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $5.50/b lower than Brent prices through 2020 and 2021, compared with an average WTI discount of about $7.35/b in 2019.
RUSSIA, SAUDI ARABIA READINESS
2020, January, 13, 15:50:00
OIL MARKET WILL STABLE
Saudi Arabia, the world's biggest oil exporter, is in the midst of an OPEC+ agreement to cut 1.7 million b/d of crude from the market in Jan through to March.
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Tags: RUSSIA, SAUDI ARABIA, OPEC, OIL, PRICE
Chronicle:
RUSSIA, SAUDI ARABIA READINESS
2021, January, 15, 11:39:00
ГОРНОРУДНАЯ ПРОМЫШЛЕННОСТЬ РОССИИ: ОСНОВНЫЕ ТЕНДЕНЦИИ
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RUSSIA, SAUDI ARABIA READINESS
2021, January, 15, 11:38:00
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.
RUSSIA, SAUDI ARABIA READINESS
2021, January, 15, 11:35:00
U.S. OIL INVENTORIES DOWN 3.2 MB TO 482.2 MB
U.S. commercial crude oil inventories decreased by 3.2 million barrels to 482.2 million barrels.
RUSSIA, SAUDI ARABIA READINESS
2021, January, 15, 11:25:00
INDIA'S INDEXES DOWN
The blue-chip NSE Nifty 50 index fell 0.5% to 14,529 and the benchmark S&P BSE Sensex was down 0.4% at 49,600.11 by 0411 GMT.
RUSSIA, SAUDI ARABIA READINESS
2021, January, 15, 11:20:00
ENERGY LANDSCAPE IS CHANGING
Assuming human behavior holds steady, a big transition to electricity will send demand skyrocketing. Making matters worse, this will all be happening as we transition away from easily scaled fossil fuel sources to more finicky renewables.
RUSSIA, SAUDI ARABIA READINESS
2021, January, 15, 11:15:00
GRID DIGITALIZATION: BENEFITS AND CHALLENGES IN 2021
The modern grid, also known as the smart grid, is interconnected and automated, with many technologies involved, including artificial intelligence (AI), edge computing, and the Internet of Things (IoT).
RUSSIA, SAUDI ARABIA READINESS
2021, January, 14, 14:25:00
OIL PRICE: BELOW $56
Brent fell 36 cents to $55.70 a barrel. WTI dropped 26 cents to $52.65.
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