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2020-09-04 12:30:00

OIL PRICE: NOT BELOW $44

OIL PRICE: NOT BELOW $44

REUTERS - SEPTEMBER 4, 2020 - Oil held around $44 a barrel on Friday and was heading for its biggest weekly decline since June, as weak demand figures added to concerns of a slow recovery from the COVID-19 pandemic.

A U.S. government report showed domestic gasoline demand fell in the latest week. Middle distillates inventories at Asia's oil hub Singapore have soared above a nine-year high, official data showed.

Brent crude LCOc1, the international benchmark,…

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Earlier:

OIL PRICE: NOT BELOW $44
2020, September, 3, 12:50:00
OIL PRICE: BELOW $44
Brent fell 79 cents, or 1.8%, to $43.64 a barrel, WTI were down 67 cents, or 1.6%, at $40.84 a barrel.
OIL PRICE: NOT BELOW $44
2020, September, 2, 13:15:00
OIL PRICE: BELOW $46 YET
Brent was up 37 cents, or 0.8%, to $45.95 a barrel, WTI rose 34 cents, or 0.8%, to $43.10.
OIL PRICE: NOT BELOW $44
2020, September, 1, 15:05:00
OIL PRICE: BELOW $46 AGAIN
Brent climbed 61 cents to $45.89 a barrel, WTI rose 53 cents, hitting $43.14 a barrel.
OIL PRICE: NOT BELOW $44
2020, August, 31, 12:30:00
OIL PRICE: NOT BELOW $46
Brent advanced to $46.50 a barrel, WTI was at $43.48 a barrel, up 51 cents, or 1.2%.
OIL PRICE: NOT BELOW $44
2020, August, 28, 15:45:20
OIL PRICE: NOT BELOW $45 YET
Brent was down 7 cents to $44.99 a barrel, WTI were down 3 cents to $43.01 a barrel.
OIL PRICE: NOT BELOW $44
2020, August, 27, 13:55:00
OIL PRICE: NOT BELOW $45 AGAIN
Brent rose 6 cents, or, 0.1% to $45.70 a barrel, WTI fell 8 cents or 0.2% to $43.31 a barrel.
OIL PRICE: NOT BELOW $44
2020, August, 27, 13:50:00
U.S. OIL INVENTORIES DOWN BY 4.7 MB TO 507.8 MB
U.S. commercial crude oil inventories decreased by 4.7 million barrels to 507.8 million barrels,
OIL PRICE: NOT BELOW $44
2020, August, 26, 12:45:00
U.S. OIL MARKET UPDOWN
“Although the market remains uncertain, we saw encouraging signs in July with gradual rebalancing of oil supply and demand,” API Chief Economist Dean Forman said. “Increases in U.S. refinery throughput and capacity utilization in July – coupled with inventories receding from record highs – has reinforced expectations for the continued demand recovery.”
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: NOT BELOW $44
2020, November, 27, 11:30:00
SAUDI ARABIA'S CARBON CONCEPTION
The circular carbon economy concept has been endorsed by G20 member states but has yet to be put into practice, and the kingdom has not revealed any timelines or targets associated with the plan.
OIL PRICE: NOT BELOW $44
2020, November, 27, 11:25:00
JAPAN'S NIKKEI UP TO 26 644,71
Nikkei rose 0.41% to close at 26,644.71. The index has gained 15.96% this month, and is on track for its best performance since January 1994. The broader Topix rose 0.47% to hit a 25-month high at 1,786.52.
OIL PRICE: NOT BELOW $44
2020, November, 27, 11:20:00
INDONESIA'S COAL FOR CHINA $1.5 BLN
China Coal Transportation and Distribution has signed a US$1.5bn agreement with the Indonesian Coal Mining Association (APBI) to buy 200 Mt of thermal coal in 2021.
OIL PRICE: NOT BELOW $44
2020, November, 27, 11:15:00
BRITAIN'S NUCLEAR VALUE
The UK Treasury said yesterday it is important to consider large-scale nuclear projects in addition to Hinkley Point C (HPC) if the country is to meet its net-zero by 2050 target.
OIL PRICE: NOT BELOW $44
2020, November, 27, 11:10:00
RUSSIAN HYDROGEN DEVELOPMENT
“The global energy market is changing, humanity needs new, efficient, more environmentally friendly energy sources not as a replacement, but as an alternative to traditional hydrocarbons. And hydrogen will definitely occupy its niche in the energy of the future,” said TPU.
OIL PRICE: NOT BELOW $44
2020, November, 26, 12:20:00
OIL PRICE: NOT BELOW $48 ANEW
Brent were down 1 cent at $48.60 a barrel . WTI was off by 4 cents at $45.67 a barrel.
OIL PRICE: NOT BELOW $44
2020, November, 26, 12:15:00
RUSSIAN GAZPROM'S BENEFIT
"The macroeconomic situation has had a negative impact on the long-term development prospects of the LNG industry," Gazprom said, adding that so far in 2020 only one final investment decision had been made for a new LNG production project.
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