In the third quarter 2019, NOVATEK’s hydrocarbon production totaled 145.2million barrels of oil equivalent (boe), including 18.31 billion cubic meters (bcm) of natural gas and 3,041 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in total hydrocarbons produced by 7.2 million boe, or by 5.2% as compared with the third quarter 2018.

Nigeria's allocation was increased to 1.774 million barrels per day (bpd) from 1.685 million bpd at the last OPEC meeting in July,

Nigeria is seeking to recover as much as $62 billion from international oil companies, using a 2018 Supreme Court ruling the state says enables it to increase its share of income from production-sharing contracts.

Growth is expected to pick up to 2.3 percent this year on the strength of a continuing recovery in the oil sector and the regaining of momentum in agriculture following a good harvest.

U.S. oilfield services firm Halliburton on Wednesday said it was cutting 650 jobs across Colorado, Wyoming, New Mexico and North Dakota amid slowing oil and gas activity.

Brent was down 9 cents at $58.15 a barrel, West Texas Intermediate was at $52.55, down 8 cents.

EIA forecasts Brent spot prices will average $59/b in the fourth quarter of 2019 and then fall to $57/b by the second quarter of 2020,

Plans for the Turkish Wealth Fund (TVF) to take part in investments in the energy sector were highlighted in the New Economy Program (NEP), which covers the period 2020-2022, and will be implemented under the main theme of "Change Begins."

Brent rose 34 cents or 0.6% to $58.71 a barrel, WTI was at $53.16, up 35 cents or 0.7%.

«Мы видим, что в этом году под воздействием различных факторов спрос на нефть будет ниже. Прирост к прошлому году составит 1-1,1 млн баррелей в сутки. В прошлом году прирост был полтора млн баррелей в сутки. Сильное влияние на снижение спроса оказывает состояние мировой экономики, которая замедляется. Ее рост, по оценкам экспертов, составит 3%, а может и менее, в то время как в прошлом году прирост мировой экономики составлял 3,6%», - сказал Министр энергетики Российской Федерации.

Узбекистан является многолетним партерном России в энергетической сфере, между странами наработаны тесные и устойчивые связи как в двустороннем, так и в многостороннем формате, отметил Александр Новак в рамках встречи.

Nine years after the field was proven, production commenced on Saturday from the North Sea giant, Johan Sverdrup. 24/7, for the next 40 years, oil from this field will secure substantial revenues for Norway.

The worldwide rig count for September 2019 was 2,141, down 65 from the 2,206 counted in August 2019, and down 117 from the 2,258 counted in September 2018.

U.S. Rig Count is down 5 rigs from last week to 855, Canada Rig Count is up 17 rigs from last week to 144

Brent rose 12 cents, or 0.2%, to $57.83 a barrel, WTI rose 9 cents, or 0.2%, to $52.54.