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2020-09-28 12:10:00

OIL PRICE: NOT BELOW $41 AGAIN

OIL PRICE: NOT BELOW $41 AGAIN

REUTERS - SEPTEMBER 28, 2020 -  Oil prices dipped on Monday as rising coronavirus cases upset hopes for a smooth recovery in fuel demand, with the main crude benchmarks on track for their first monthly falls in multiple months after slipping last week.

Brent crude LCOc1 fell 37 cents, or 0.9%, to $41.55 a barrel by 0652 GMT after dropping 2.9% last week. U.S. West Texas Intermediate CLc1 was at $39.86 a barrel, down 39 cents or 1%, following a 2.1% decline last week.

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Earlier:

OIL PRICE: NOT BELOW $41 AGAIN
2020, September, 25, 13:20:00
OIL PRICE: NEAR $42
Brent was up 30 cents at $42.24 a barrel, WTI rose 23 cents to $40.54 a barrel.
OIL PRICE: NOT BELOW $41 AGAIN
2020, September, 25, 13:00:00
OPEC+ IRAQ REDUCING
OPEC’s second-biggest producer, Iraq has failed in the past to fully comply with OPEC+ oil output reductions,
OIL PRICE: NOT BELOW $41 AGAIN
2020, September, 25, 12:55:00
RUSSIA'S OIL EXPORTS DOWN, LNG UP
Russia’s crude oil export in January-July 2020 was down 4.2% year-on-year to 143.2 mn tons. In terms of value, crude oil export decreased by 36.6% year-on-year making $43.9 bn.
OIL PRICE: NOT BELOW $41 AGAIN
2020, September, 24, 12:35:00
OIL PRICE: BELOW $42 YET
Brent dropped 34 cents, or 0.8%, to $41.43 a barrel, WTI fell 37 cents, or 0.9%, to $39.56 a barrel.
OIL PRICE: NOT BELOW $41 AGAIN
2020, September, 24, 12:20:00
OPEC+ REBALANCING: 2021
The OPEC+ agreement, along with declines in production elsewhere, including the United States, brought global supply lower than the level of global demand for the first time since mid-2019.
OIL PRICE: NOT BELOW $41 AGAIN
2020, September, 24, 12:15:00
U.S. OIL INVENTORIES DOWN BY 1.6 MB TO 494.4 MB
U.S. commercial crude oil inventories decreased by 1.6 million barrels to 494.4 million barrels,
OIL PRICE: NOT BELOW $41 AGAIN
2020, September, 23, 15:10:00
U.S. OIL EXPORTS UPDOWN
Despite a decline since the record monthly high of 3.7 million b/d in February, U.S. crude oil exports averaged 3.2 million b/d in the first half of 2020, up from 2.9 million b/d in the first half of 2019.
All Publications »
Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: NOT BELOW $41 AGAIN
2020, October, 22, 14:54:00
6TH ANNUAL POWER WEEK ASIA IS GOING DIGITAL
POWER WEEK ASIA attracts the industry leaders from national power companies, government regulators, policy makers, renewable & IPPs, investors and suppliers from around the globe.
OIL PRICE: NOT BELOW $41 AGAIN
2020, October, 22, 14:53:00
JOIN THE 3RD ANNUAL POWER WEEK AFRICA VIRTUAL CONFERENCE
Specially designed for the African electric power & energy industry, POWER WEEK AFRICA (16 – 19 November 2020) is the 3rd annual international virtual conference delivering a unique experience for each day of the event.
OIL PRICE: NOT BELOW $41 AGAIN
2020, October, 22, 14:50:00
IRANIAN GAS: WITHOUT INDIA
Farzad-B gas field was discovered by a consortium of three Indian companies ONGC, Oil India Limited and Indian Oil Corporation in 2008 in the Farsi offshore block of the Persian Gulf. Tehran and New Delhi have since negotiated the terms of the field’s development for years.
OIL PRICE: NOT BELOW $41 AGAIN
2020, October, 22, 14:45:00
IBERDROLA, PNM ACQUISITION $8.3 BLN
The Spanish energy group Iberdrola, through its affiliate Avangrid, has acquired PNM Resources, the power utility of New Mexico and Texas, for a total consideration of US$8.3bn.
OIL PRICE: NOT BELOW $41 AGAIN
2020, October, 22, 14:40:00
PIONEER, PARSLEY ACQUISITION $7.6 BLN
US shale producer Pioneer Natural Resources has entered into a definitive agreement to acquire its peer Parsley Energy
OIL PRICE: NOT BELOW $41 AGAIN
2020, October, 22, 14:35:00
AUSTRALIA'S SANTOS PRODUCTION: +22%
Third quarter production of 25.1 mmboe was a record for Santos and 22% higher than the prior quarter
OIL PRICE: NOT BELOW $41 AGAIN
2020, October, 21, 17:10:00
OIL PRICE: ABOVE $42
Brent were at $42.44 a barrel, WTI slipped 73 cents, or 1.75%, to $40.97.
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