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2021-03-05 11:55:00

OIL PRICE: ABOVE $67

OIL PRICE: ABOVE $67

REUTERS - MARCH 5, 2021 -  Oil prices rose more than 1% on Friday, extending gains from the previous session, after OPEC and its allies agreed not to increase supply in April as they await a more substantial recovery in demand amid the coronavirus pandemic.

Brent crude futures for May rose 83 cents, or 1.2%, to $67.57 a barrel at 0609 GMT, and was on track for a 2% gain in the week.

U.S. West Texas Intermediate (WTI) crude futures were…

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Earlier:

OIL PRICE: ABOVE $67
2021, March, 4, 12:20:00
OIL PRICE: ABOVE $64
Brent added 52 cents, or 0.8%, to $64.59 a barrel. WTI gained 43 cents, or 0.7% to $61.71 a barrel.
OIL PRICE: ABOVE $67
2021, March, 3, 13:00:00
OIL PRICE: NEAR $63 ANEW
Brent rose 24 cents, or 0.38%, to $62.94 a barrel. WTI rose 15 cents, or 0.25%, to $59.90 a barrel.
OIL PRICE: ABOVE $67
2021, March, 3, 12:55:00
GLOBAL OIL MARKET: CAUTIOUS OPTIMISM
“We must emphasize in strong terms: cautious optimism, cautious optimism, cautious optimism.”
OIL PRICE: ABOVE $67
2021, March, 3, 12:50:00
GLOBAL OIL DEMAND WILL UP TO 99 MBD
Current oil demand of 94 million b/d, rising to 99 million b/d in 2022.
OIL PRICE: ABOVE $67
2021, March, 2, 12:35:00
OPEC+ EXTREME CAUTION
Prices have rallied to pre-virus levels, while U.S. production has taken a hit from freezing storms. Talk swirls of market supercycles, and even the return of $100 oil.
OIL PRICE: ABOVE $67
2021, March, 2, 12:30:00
OIL DEMAND WILL UP
Oil demand may continue to climb over the next decade even as countries work to comply with the Paris climate agreement’s goals for cutting emissions,
OIL PRICE: ABOVE $67
2021, March, 2, 12:25:00
ЦЕНА URALS: $57,6
Средняя цена на нефть марки Urals в январе-феврале 2021 года сложилась в размере $57,6 за баррель, в январе-феврале 2020 года - $58,13 за баррель.
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: ABOVE $67
2021, April, 20, 13:28:00
ENERGY WEEK CENTRAL ASIA & MONGOLIA 2021
The high-level international investment conference Energy Week Central Asia & Mongolia 2021 will take place on a virtual event platform on 27-29 April bringing together the authorities, project operators of Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Mongolia , as well as IFIs/DFIs, multinational energy companies.
OIL PRICE: ABOVE $67
2021, April, 20, 13:25:00
IRANIAN INTERIM DEAL
“We are on the right track and some progress has been made, but this does not mean that the talks in Vienna have reached the final stage,” Foreign Ministry spokesman Saeed Khatibzadeh told a weekly news conference in Tehran.
OIL PRICE: ABOVE $67
2021, April, 20, 13:20:00
IRAN'S URANIUM UP TO 60%
The governments of France, Germany and the UK on 14 April responded to Iran's plans to enrich to 60% with "grave concern",
OIL PRICE: ABOVE $67
2021, April, 20, 13:15:00
RENEWABLES FOR INDIA + 1.2 GW
The Solar Energy Corporation of India (SECI) has initiated a tender for 1,200 MW of wind-solar projects, under the tranche IV of the interstate transmission-connected (ISTS) programme.
OIL PRICE: ABOVE $67
2021, April, 19, 16:55:00
OIL PRICE: NEAR $67
Brent was down 2 cents at $66.75 a barrel. WTI was up 1 cent at $63.14 a barrel.
OIL PRICE: ABOVE $67
2021, April, 19, 16:45:00
RUSSIAN OIL FOR U.S. 8%
Russian oil imports as a share of US total oil imports hit a record high of 8% in January 2021, according to data from the US Energy Information Administration, up from 4% during 2018.
OIL PRICE: ABOVE $67
2021, April, 19, 16:40:00
CHINA OIL PRODUCTS EXPORTS +31.7%
China's oil product exports are expected to rise by 31.7% year on year to around 54.7 million mt in 2021,
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