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2020-04-03 12:05:00

#OilPriceWar: OPEC+ NOT ENOUGH

#OilPriceWar: OPEC+ NOT ENOUGH

PLATTS - 02 Apr 2020 - Crude prices settled sharply higher Thursday amid optimism of a possible detente in the ongoing Russia-Saudi oil price war.

NYMEX May WTI settled $5.01 higher at $25.32/b and ICE June Brent was up $5.20 on the day at $29.94/b.

Crude futures surged midday Thursday after US President Donald Trump tweeted that he had spoken by phone with Saudi Crown Prince Mohammed bin Salman, who in turn called Russian President Vladimir Putin to heal their oil market rift.

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Earlier:

#OilPriceWar: OPEC+ NOT ENOUGH
2020, April, 2, 15:05:00
OIL PRICE: NEAR $27
Brent was up 10.75%, or $2.66, to $27.40, WTI rose 10.09% or $2.05, to $22.36.
#OilPriceWar: OPEC+ NOT ENOUGH
2020, April, 2, 15:00:00
ДИАЛОГ РОССИИ, США
Главами энергетических ведомств России и США была отмечена необходимость конструктивного ответа на существующие вызовы и последующее продолжение диалога.
#OilPriceWar: OPEC+ NOT ENOUGH
2020, April, 2, 14:55:00
#OilPriceWar: ARAMCO'S OIL DELIVERIES UP
Saudi Arabia is following through on its threat to flood the market, after Russia last month rejected a Saudi-led OPEC proposal for significant production cuts to backstop already sliding oil prices from the coronavirus pandemic's impact on the global economy.
#OilPriceWar: OPEC+ NOT ENOUGH
2020, April, 2, 14:50:00
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#OilPriceWar: OPEC+ NOT ENOUGH
2020, March, 30, 10:25:00
#OilPriceWar AGAINST U.S.
A group of six U.S. senators wrote a letter to Secretary of State Mike Pompeo this week saying Saudi Arabia and Russia “have embarked upon economic warfare against the United States” and were threatening U.S. “energy dominance”.
#OilPriceWar: OPEC+ NOT ENOUGH
2020, March, 30, 10:20:00
#OilPriceWar: OPEC+: THE NEW AGREEMENT
Saudi energy minister Prince Abdulaziz bin Salman and Russian counterpart Alexander Novak have not held any discussions about a joint agreement to balance oil markets, indicating no resolution to the price war.
#OilPriceWar: OPEC+ NOT ENOUGH
2020, March, 30, 10:15:00
#OilPriceWar LOSSES $192 BLN
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All Publications »
Tags: OPEC, SAUDI, ARABIA, RUSSIA, USA
Chronicle:
#OilPriceWar: OPEC+ NOT ENOUGH
2021, April, 15, 13:09:00
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2021, April, 15, 13:05:00
U.S. OIL INVENTORIES DOWN 5.9 MB TO 492.4 MB
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#OilPriceWar: OPEC+ NOT ENOUGH
2021, April, 14, 12:19:58
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Brent rose 85 cents, or 1.3%, to $64.52 a barrel. WTI added 82 cents, or 1.4%, to $61 a barrel.
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2021, April, 14, 12:15:00
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#OilPriceWar: OPEC+ NOT ENOUGH
2021, April, 14, 12:10:00
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#OilPriceWar: OPEC+ NOT ENOUGH
2021, April, 14, 12:05:00
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