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2019, March, 18, 12:25:00
POLAND NEED $
OGJ - Stephen Blank, senior fellow for Russia at the American Foreign Policy Council, said, “Nord Stream 2 clearly is a threat to Europe, which is why the Trump administration opposes it. We have now threatened that if Nord Stream 2 is built, the US will impose sanctions not just on the project, but also on the contractors.”
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2019, March, 18, 12:20:00
U.S. RIGS DOWN 1 TO 1,026
BHGE -U.S. Rig Count is down 1 rig from last week to 1,026 rigs, with oil rigs down 1 to 833 and gas rigs unchanged at 193. Canada Rig Count is down 28 rigs from last week to 161, with oil rigs down 20 to 98 and gas rigs down 8 to 63.
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2019, March, 15, 10:40:00
OPEC: OIL DEMAND GROWTH LESS
In 2018, world oil demand is estimated to have grown by 1.43 mb/d, down by 0.04 mb/d from the previous estimate amid downward revisions in both OECD and non-OECD regions.
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2019, March, 15, 10:35:00
U.S. GAS PRODUCTION RECORD
U.S. natural gas production grew by 10.0 billion cubic feet per day (Bcf/d) in 2018, an 11% increase from 2017. The growth was the largest annual increase in production on record, reaching a record high for the second consecutive year
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2019, March, 13, 11:30:00
OIL PRICES 2019-20: $63-$62
Brent crude oil spot prices averaged $64 per barrel (b) in February, up $5/b from January 2019 and about $1/b lower than at the same time last year.
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2019, March, 13, 11:00:00
IRAN'S GAS WILL UP
Iran is to launch four new phases at South Pars, the world’s largest gas field, with a production capacity of up to 110 million cubic meters per day, the oil ministry said
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2019, March, 13, 10:55:00
BRITAIN'S OIL GAS PRODUCTION UP TO 1.7 MBD
British oil and gas production rose 4 percent to 1.7 million barrels of oil equivalent per day in 2018 compared with the previous year, according to the Oil and Gas Authority, an industry regulator.
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2019, March, 11, 11:50:00
SAUDIS OIL PRODUCTION 10.1 MBD
Saudi Arabia produced 10.1 million b/d of crude oil in February, well below its quota under an OPEC/non-OPEC supply accord of 10.31 million b/d,
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2019, March, 11, 11:40:00
BALANCE FOR OIL MARKET
The United Arab Emirates (UAE) will continue to deliver on crude oil supply cuts under a producer agreement until the global market is re-balanced, Minister of Energy and Industry Suhail al-Mazrouei said on Sunday.
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2019, March, 11, 11:25:00
LIBYA'S OIL UP
Libya’s biggest oil field resumed production, adding another complication to OPEC’s effort to trim a global supply glut.
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2019, March, 11, 11:15:00
VENEZUELA'S PAYMENT TO CONOCO $8.7 BLN
PLATTS - An international tribunal on Friday ordered Venezuela to pay ConocoPhillips roughly $8.7 billion in compensation for the seizure of company assets in 2007.
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2019, March, 11, 11:00:00
WORLDWIDE RIG COUNT UP 41 TO 2,306
BHGE - The worldwide rig count for February 2019 was 2,306, up 41 from the 2,265 counted in January 2019, and up 135 from the 2,171 counted in February 2018.
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2019, March, 11, 10:55:00
U.S. RIGS DOWN 11 TO 1,027
BHGE - U.S. Rig Count is down 11 rigs from last week to 1,027 rigs, with oil rigs down 9 to 834 and gas rigs down 2 to 193. Canada Rig Count is down 22 rigs from last week to 189, with oil rigs down 22 to 118 and gas rigs unchanged at 71.
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2019, March, 4, 10:40:00
U.S. RIGS DOWN 9 TO 1,038
BHGE - U.S. Rig Count is up 57 rigs from last year's count of 981, with oil rigs up 43 and gas rigs up 14. Canada Rig Count is down 91 rigs from last year's count of 302, with oil rigs down 71 and gas rigs down 20.
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2019, March, 1, 12:10:00
OIL PRICES 2019-20: ABOVE $60
Brent crude oil spot prices averaged $59 per barrel (b) in January, up $2/b from December 2018 but $10/b lower than the average in January of last year.