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,

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.

Libya’s biggest oil field resumed production, adding another complication to OPEC’s effort to trim a global supply glut.

Oil prices crept up on Thursday amid ongoing OPEC-led supply cuts and U.S. sanctions against exporters Venezuela and Iran, but gains were capped by record U.S. crude output and rising commercial fuel inventories.

Oil prices fell on Wednesday as bullish output forecasts by two big U.S. producers and a build in weekly U.S. crude stockpiles outweighed OPEC-led production cuts.

МИНЭНЕРГО РОССИИ - «Россия продолжает обеспечивать бесперебойные поставки газа в республику. В 2018 году в Болгарию было направлено 3,17 млрд куб м газа, Россия остается и основным поставщиком нефти на НПЗ Болгарии. Именно российские компании становятся крупнейшими иностранными инвесторами в экономику страны», - сообщил глава Минэнерго России.

МИНФИН РОССИИ - Ожидаемый объем дополнительных нефтегазовых доходов федерального бюджета, связанный с превышением фактически сложившейся цены на нефть над базовым уровнем, прогнозируется в марте 2019 года в размере +269,6 млрд руб.

LUKOIL - In 2018, profit attributable to shareholders amounted to RUB 619.2 bln, 47.8% higher year-on-year. The growth was constrained by higher DD&A due to the launch of new production facilities.

Oil prices rose on Monday, buoyed by output cuts by producer club OPEC and reports that the United States and China are close to a deal to end a bitter tariff row that has slowed global economic growth.

МИНЭНЕРГО РОССИИ - Как отметил по итогам встречи Александр Новак, Россия полностью выполняет взятые на себя обязательства в соответствии с раннее заявленными планами поэтапного сокращении добычи к концу марта этого года.

МИНФИН РОССИИ - Средняя цена нефти марки Urals по итогам января – февраля 2019 года составила $ 61,76 за баррель.

Oil prices climbed on Friday as markets tightened amid output cuts by producer club OPEC, but surging U.S. supply and concerns of global economic slowdown kept a lid on further gains.

The next 10-15 years will be a period of stable development for the oil industry and prices will remain relatively high at $60-$70/b, the CEO of Lukoil, Russia's second-largest crude producer, said Wednesday.

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.

MEOG - Saudi Aramco CEO Amin Nasser gave a speech at London Petroleum Week about the oil and gas industry's future--or, rather its perceived lack of a future. He addressed what he called a "worrying and growing belief among policy makers and regulators, investment houses, NGOs, and many others that we are an industry with little or no future."