Oil
![Oil](/cache/12-18/USA-885.37b743e7.jpg)
2018, December, 24, 11:55:00
U.S. OIL CAPEX DOWN
PLATTS - Three aggressive independent Permian Basin upstream operators released capital budgets for 2019 in the last few days that are lower than either prior expectations or actual 2018 spending by at least 12% to 15%, as corporate executives attributed reduced activity to the recent plunge in oil prices.
![Oil](/cache/12-18/PAKISTAN-15.074a7d31.jpg)
2018, December, 24, 11:30:00
UAE HELP PAKISTAN $3 BLN
AN - The United Arab Emirates plans to deposit $3 billion in Pakistan's central bank "in the next few days", the UAE state news agency WAM reported on Friday, while a Pakistani official said Islamabad also hopes it will allow deferred payments for oil supplies.
![Oil](/cache/12-18/PRICE-530.debe76fe.jpg)
2018, December, 21, 14:45:00
OIL PRICE: NEAR $54
REUTERS - Brent crude LCOc1 fell 77 cents to a low of $53.58 a barrel, its weakest since September 2017, before rallying to trade around $53.75, down 10.8 percent on the week, by 1055 GMT. U.S. light crude oil CLc1 was down 20 cents at $45.68, also on course for a decline of 10.8 percent for the week.
![Oil](/cache/12-18/PRICE-524.73f39c20.jpg)
2018, December, 21, 14:40:00
ЦЕНА URALS: $ 60.47023
МИНФИН РОССИИ - Средняя цена на нефть Urals за период мониторинга с 15 ноября по 14 декабря 2018 года составила $ 60,47023 за баррель, или $ 441,4 за тонну. Согласно расчетам Минфина России, экспортная пошлина на нефть в РФ с 1 января 2018 года понизится на $ 46,1 и составит $ 89 за тонну.
![Oil](/cache/12-18/PRICE-527.af9aa8a6.jpg)
2018, December, 21, 14:35:00
SAUDIS NEED $84
PLATTS - Saudi Arabia will require oil prices higher than $84/b to avoid running another deficit, analysts warned after the kingdom announced on Tuesday record government spending in its state budget for 2019.
![Oil](/cache/12-18/USA-879.dc9bf09b.jpg)
2018, December, 21, 14:25:00
U.S. OIL PRODUCTION 11.6 MBD
API - The U.S. produced a record 11.6 million barrels of oil per day (mb/d) and a record 4.8 mb/d of NGLs in November. Crude exports also hit a record high at 2.4 million barrels per day last month, and U.S. petroleum net imports fell at their lowest monthly level in more than 50 years at 2.2 million barrels per day.
![Oil](/cache/12-18/usa-875.b6c9bf97.jpg)
2018, December, 21, 14:20:00
U.S. PRODUCTION: OIL + 134 TBD, GAS + 1,127 MCFD
U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 134,000 b/d month-over-month in January from 8,032 to 8,166 thousand barrels/day , gas production to increase 1,127 million cubic feet/day from 75,789 to 76,916 million cubic feet/day .
![Oil](/cache/12-18/INDIA-86.8315d5a7.jpg)
2018, December, 21, 14:10:00
INDIA'S OIL IMPORTS DOWN BY 11.4%
PLATTS - India imported 17 million mt (4.2 million b/d) of crude oil in November, down 11.4% year on year, the latest provisional data from the country's Petroleum Planning and Analysis Cell showed.
![Oil](/cache/12-18/NORWAY-186.dd306126.jpg)
2018, December, 21, 14:05:00
NORWAY'S PETROLEUM PRODUCTION 1.9 MBD AGAIN
NPD - Preliminary production figures for November 2018 show an average daily production of 1 880 000 barrels of oil, NGL and condensate, which is an increase of 22 000 barrels per day compared to October.
![Oil](/cache/12-18/PRICE-521.e786ba73.jpg)
2018, December, 17, 10:50:00
OIL PRICE: NEAR $60
PLATTS - At 10:30 am Singapore time (0250 GMT), February ICE Brent crude futures inched down 4 cents/b (0.07%) from Friday's settle to $60.24/b, while the NYMEX January light sweet crude contract rose 5 cents/b (0.1%) to $51.25/b
![Oil](/cache/12-18/SAUDI-108.7e63b710.jpg)
2018, December, 17, 10:40:00
KING SALMAN ENERGY PARK: $6 BLN
MEOG - King Salman Energy Park (SPARK), a 50sqkm "energy city megaproject" in Saudi Arabia, is one of the Kingdom's most impressive endeavours into localisation so far. Once operational, it is expected to generate 100,000 direct and indirect jobs and should contribute $6bn to Saudi Arabia's GDP annually.
![Oil](/cache/12-18/SAUDI-107.290ff938.jpg)
2018, December, 17, 10:35:00
SAUDI ARAMCO, RAYTHEON COOPERATION
MEOG - Saudi Aramco and Raytheon Company, through its subsidiary Raytheon Saudi Arabia, signed a memorandum of understanding to establish a joint venture company that will develop and provide best-in-class cybersecurity services in Saudi Arabia and the region.
![Oil](/cache/12-18/ENERGY-37.3b71524a.jpg)
2018, December, 17, 10:30:00
DIGITAL TRANSFORMATION OF ENERGY
MEOG - In the oil and gas industry, technologies such as artificial intelligence (AI), the internet of things (IOT), machine learning and big data can serve operators by increasing productivity and streamlining processes, all while helping them attract and retain talent, and remain secure and compliant.
![Oil](/cache/12-18/INDIA-85.90626fa9.jpg)
2018, December, 17, 10:25:00
IRAN'S OIL FOR INDIA DOWN
REUTERS - India’s monthly oil imports from Iran plunged to their lowest in a year in November with Tehran dropping two places to become only the sixth biggest supplier after New Delhi cut purchases due to the impact of U.S. sanctions, according to ship tracking data and industry sources.
![Oil](/cache/12-18/iran-169.8213eb72.jpg)
2018, December, 17, 10:20:00
IRAN'S OIL FOR S.KOREA: ZERO
PLATTS - South Korea imported no Iranian crude in November for a third straight month due to the re-imposition of US sanctions on Tehran, according to preliminary data released by the Korea Customs Service on Monday.