Oil
![Oil](/cache/02-19/ENERGY-49.2e447f16.jpg)
2019, March, 1, 12:05:00
FIVE OIL&GAS AREAS
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."
![Oil](/cache/03-19/REPSOL-20.1487bc26.jpg)
2019, March, 1, 11:15:00
REPSOL'S NET INCOME €2.341 BLN
Repsol posted net income of 2.341 billion euros in 2018, a 10% increase from the 2.121 billion earned in 2017 and the highest in eight years. This was achieved with average Brent oil prices at 71 dollars per barrel last year, compared with more than 111 dollars in 2011.
![Oil](/cache/02-19/PRICE-112.7a1b627b.jpg)
2019, February, 27, 09:55:00
OIL PRICE: NEAR $66 ANEW
Oil prices rose on Wednesday after a report of declining U.S. crude inventories and as producer club OPEC seemed to stick to its supply cuts despite pressure from U.S. President Donald Trump.
![Oil](/cache/02-19/PRICE-112.7a1b627b.jpg)
2019, February, 27, 09:50:00
РЫНОК НЕФТИ СТАБИЛЕН
МИНЭНЕРГО РОССИИ - “Сегодня мы видим на рынке более-менее спокойную, стабильную ситуацию, невысокую волатильность и более-менее приемлемые цены, которые устраивают и экспортеров, и потребителей. Мы считаем, что благодаря сделке, в первую очередь, достигнута такая стабильность”, - подчеркнул Александр Новак.
![Oil](/cache/02-19/PRICE-112.7a1b627b.jpg)
2019, February, 27, 09:45:00
OIL MARKET BALANCE
Abu Dhabi: Energy Minister Suhail Al Mazroui said the oil market is on the “right track” and that the market will quickly return to balance in the first quarter of this year.
![Oil](/cache/02-19/PRICE-112.7a1b627b.jpg)
2019, February, 27, 09:40:00
OPEC CONTINUE CUTS
REUTERS - Based on current market data, the so-called OPEC+ group is “likely to continue with the production cuts until the end of the year”, the source told Reuters.
![Oil](/cache/02-19/ENERGY-49.2e447f16.jpg)
2019, February, 27, 09:35:00
GLOBAL OIL FOR PEOPLE
“Our industry has made a pivotal and sustained contribution to the global economy and people’s lives, around the world, day after day for over a century. Two billion more people today have access to ample, affordable, and reliable sources of energy than even just a generation ago,”
![Oil](/cache/02-19/EXXON-53.c7f4b6b4.jpg)
2019, February, 27, 09:20:00
EXXON RESERVES UP
EXXONMOBIL - Exxon Mobil Corporation added 4.5 billion oil-equivalent barrels of proved oil and gas reserves in 2018, replacing 313 percent of the year’s production.
![Oil](/cache/02-19/CHINA-207.6f71c0e6.jpg)
2019, February, 27, 09:10:00
VENEZUELA'S OIL FOR CHINA
PLATTS - China's crude imports from Venezuela surged 50.7% month on month to 411,000 b/d or 1.74 million mt in January, posting the fifth month in a row of increase after hitting a four-year low last September, data released by the General Administration of Customs showed
![Oil](/cache/02-19/Venezuela-61.2c91fdd1.jpg)
2019, February, 27, 09:05:00
STRONG VENEZUELA SANCTIONS
PLATTS - The US is set to impose "even stronger sanctions" on Venezuela President Nicolas Maduro's financial networks, likely further hindering crude oil production and exports as US sanctions on state-owned oil company PDVSA entered their fifth week, US Vice President Mike Pence said Monday.
![Oil](/cache/02-19/GAZPROM-226.c6c4b0bb.jpg)
2019, February, 27, 09:00:00
STAFF CHANGES AT GAZPROM
GAZPROM - The corresponding decisions on the termination of membership in the Gazprom Management Committee will be adopted by the Company’s Board of Directors.
![Oil](/cache/02-19/PRICE-112.7a1b627b.jpg)
2019, February, 25, 12:15:00
OIL PRICE: ABOVE $66 ANEW
REUTERS - Oil prices dipped on Monday, dragged down by plentiful supply as U.S. exports soar and compete with traditional producers from the Middle East in key markets such as Asia.
![Oil](/cache/02-19/usa-934.de6de0d4.jpg)
2019, February, 25, 11:55:00
U.S. SHALE OIL WEAKNESS
REUTERS - Weak returns at U.S. shale producers could cost more executives their jobs and lead to increasing battles with activist investors, analysts said following changes at two producers.
![Oil](/cache/02-19/MEXICO-25.a9226720.jpg)
2019, February, 25, 11:50:00
PEMEX PRODUCTION DOWN TO 1.62 MBD
REUTERS - Mexico’s Pemex produced 1.62 million barrels of crude per day in January, less than any month in almost three decades, the state-owned oil company said on Friday, underscoring the challenges facing a government that vows to pump far more in a few years.
![Oil](/cache/02-19/INDIA-89.3a858b1f.jpg)
2019, February, 25, 11:45:00
U.S. OIL FOR INDIA: $1.5 BLN
NAR - India is seeking to diversify its oil import sources amid tough U.S. sanctions on Iran and Venezuela, two key members of the Organization of the Petroleum Exporting Countries that provides the bulk of its crude needs.