News
2017, January, 20, 18:40:00
U.S. SECURITIES UP $23.7 BLN
The sum total in November of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a monthly net TIC inflow of $23.7 billion. Of this, net foreign private inflows were $25.2 billion, and net foreign official outflows were $1.5 billion.
2017, January, 20, 18:35:00
LNG FOR PAKISTAN
Pakistan LNG Limited opened the financial bids for the supply of 240 shipments of LNG January 19. Gunvor has bagged a five-year contract to supply 60 shipments while Eni has been awarded a 15-year contract to supply 180 shipments.
2017, January, 20, 18:30:00
NORWAY'S PRODUCTION DOWN 60 TBD
Preliminary production figures for December 2016 show an average daily production of 2 094 000 barrels of oil, NGL and condensate, which is a decrease of 60 000 barrels per day (approx. 3 percent) compared to November.
2017, January, 17, 18:45:00
DEMAND WILL UP
Brent for March settlement rose 27 cents to $55.72 a barrel on the London-based ICE Futures Europe exchange. The contract fell 56 cents, or 1 percent, to $55.45 a barrel on Friday. Prices slid 2.9 percent last week, the biggest drop since November. The global benchmark crude traded at a premium of $2.32 to March WTI.
2017, January, 17, 18:40:00
2017: OPEC SEES STABILITY
OPEC Secretary-General Mohammed Barkindo forecast on Monday that stability would return to oil markets this year while price hawk Venezuela said it hoped its crude basket would rise to $70 in coming months.
2017, January, 17, 18:35:00
CHINA'S PRODUCTION DOWN
China’s oil production is forecast to fall by as much as 7 percent this year, extending a record decline in 2016.
2017, January, 17, 18:30:00
PAKISTANIAN LNG UP
Pakistan LNG Limited will open financial bids for the supply of 240 shipments of LNG on January 19, while contracts to successful bidders will be awarded on Jan 31.
2017, January, 16, 18:45:00
OIL PRICES: ABOVE $55 AFRESH
Benchmark Brent crude oil LCOc1 was down 10 cents a barrel at $55.35 by 0915 GMT (04:15 a.m. ET) and U.S. light crude CLc1 fell 10 cents to $52.27.
2017, January, 16, 18:40:00
URALS: $52.53
Средняя цена на нефть Urals за период мониторинга с 15 декабря 2016 года по 14 января 2017 года составила $52,53 за баррель, или $383,5 за тонну.
2017, January, 16, 18:35:00
2017: VOLATILITY OIL PRICES
Global oil prices will witness "much more volatility" in 2017 even though markets may rebalance in the first half of the year if output cuts pledged by producers are implemented.
2017, January, 16, 18:30:00
U.S. RIGS DOWN 6
U.S. Rig Count is up 9 rigs from last year's count of 650, with oil rigs up 7, gas rigs up 1, and miscellaneous rigs up 1.
Canadian Rig Count is up 88 rigs from last year's count of 227, with oil rigs up 60, gas rigs up 27, and miscellaneous rigs up 1.
2017, January, 13, 19:05:00
INDIA'S OIL DEMAND UP
Consumption is expected to rise 7-8% this year, outpacing China's demand growth for the third consecutive year.
2017, January, 13, 19:00:00
IRAN - INDIA IMPORTS UP
For the year, the world's third biggest oil consumer bought about 473,000 barrels per day (bpd) of oil from Iran to feed expanding refining capacity, up from 208,300 bpd in 2015, the data showed.
2017, January, 13, 18:55:00
INDIA - JAPAN COOPERATION
India and Japan should co-operate on long term contracts for LNG with a defined cost of energy which would provide a stabilizing factor for the renewable energy thrust that India is currently giving, Indian minister for power, coal, new & renewable energy and mines, Piyush Goyal said January 11 on the side-lines of the seventh India-Japan Energy Forum in New Delhi.
2017, January, 13, 18:50:00
OIL MARKET DEFICIT
The world could run short of oil by 2020 due to the recent sharp global downturn in upstream investment, Saudi Energy Minister Khalid al-Falih said Thursday.