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2020-05-25 12:50:00

OIL PRICE: NEAR $35 ANEW

OIL PRICE: NEAR $35 ANEW

REUTERS - MAY 25, 2020 - Oil prices rose on Monday, erasing earlier losses, as countries around the world continued to ease lockdown measures imposed to combat the coronavirus pandemic, boosting hopes for a recovery in fuel demand.

Amid quiet trading, with financial centres Singapore, London and New York all closed for holidays, Brent was up 6 cents, or 0.2%, at $35.19 a barrel by 0636 GMT. U.S. oil had gained 27 cents, or 0.82%, at $33.52 a barrel.

Both contracts have risen for…

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Earlier:

OIL PRICE: NEAR $35 ANEW
2020, May, 22, 13:25:00
OIL PRICE: ABOVE $34
Brent dropped $1.96, or 5.4%, to $34.10 a barrel, WTI declined by $2.41, or 7.1%, to $31.51.
OIL MARKET BALANCE
2020, May, 22, 13:17:00
OIL MARKET BALANCE
"When it comes to oil, there are signs that the market has tightened in recent weeks. The OPEC+ agreement, voluntary cuts outside OPEC-++, and production shut-ins are working together to start to rebalance the market. This will take time. As economies begin to open up, demand will follow, but the path to the next normal is not a straight line," Dr. Sultan Al Jaber, CEO of ADNOC Group and UAE minister of state said.
OIL PRICE: NEAR $35 ANEW
2020, May, 22, 13:10:00
OIL & GAS: THE RETURN OF EQUITY 6%
The return on equity for energy companies and U.S. manufacturing decreased to 6% and 13%, respectively, in 2019
OIL PRICE: NEAR $35 ANEW
2020, May, 22, 12:55:00
OILFIELD SERVICES DOWN 49%
Oilfield services companies have lost approximately 49% of their market capitalization since the beginning of this year.
OIL PRICE: NEAR $35 ANEW
2020, May, 21, 12:55:00
OIL PRICE: NOT ABOVE $37
Brent rose 42 cents, or 1.2%, at $36.17 per barrel, WTI climbed 40 cents, or 1.2%, to $33.89.
OIL PRICE: NEAR $35 ANEW
2020, May, 20, 11:55:00
OIL PRICE: NEAR $35 YET
Brent were up 10 cents, or 0.3%, at $34.75 per barrel, WTI were down 2 cents at $31.94 a barrel
OIL PRICE: NEAR $35 ANEW
2020, May, 19, 11:55:00
OIL&GAS INDUSTRY: THE NEXT TRANSFORMATION
To change the current paradigm, the industry will need to dig deep and tap its proud history of bold structural moves, innovation, and safe and profitable operations in the toughest conditions. The winners will be those that use this crisis to boldly reposition their portfolios and transform their operating models. Companies that don’t will restructure or inevitably atrophy.
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: NEAR $35 ANEW
2020, July, 9, 15:25:00
PROJECT FINANCE & PROJECT FINANCIAL MODELLING
Modern project finance transactions require a high level of expertise in building financial models which are reliable and flexible to accommodate the changing requirements occurring during the life of a project. This 5 days course covers both project finance and financial modelling best practices.
OIL PRICE: NEAR $35 ANEW
2020, July, 9, 15:20:00
OIL and GAS RUSSIA and CIS ONLINE
Online Business Forum, Onsite Visits and 1-2-1 Meetings "Oil and Gas Russia and CIS Online" will be held on 15-17 July 2020
OIL PRICE: NEAR $35 ANEW
2020, July, 9, 15:15:00
Real Estate Finance, Investment Analysis, Valuation & Modelling
Real estate construction or investment requires a high level of technical expertise in building and using financial models if the building is to be profitable for its builder or owner.
OIL PRICE: NEAR $35 ANEW
2020, July, 8, 12:00:00
OIL PRICE: NEAR $43 YET
Brent fell 11 cents, or 0.3%, to $42.97 a barrel, WTI dropped 11 cents, or 0.3%, to $40.51 a barrel,
OIL PRICE: NEAR $35 ANEW
2020, July, 8, 11:55:00
OIL PRICES 2020-21: $41-$50
EIA expects monthly Brent spot prices will average $41/b during the second half of 2020 and rise to an average of $50/b in 2021
OIL PRICE: NEAR $35 ANEW
2020, July, 8, 11:50:00
OPEC OIL PRODUCTION DOWN
OPEC's 13 members pumped 22.31 million b/d, the organization's lowest collective output since September 1990,
OIL PRICE: NEAR $35 ANEW
2020, July, 8, 11:45:00
GLOBAL SHARES UPDOWN
E-mini futures for the S&P 500 were up 0.1%.
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