Oil
![Oil](/cache/02-20/PRICE-125.070cd1fe.jpg)
2020, February, 10, 10:50:00
OIL PRICE: ABOVE $54
Brent crude futures gave up losses to be up 17 cents at $54.64 a barrel while U.S. crude futures added 8 cents to $50.4 a barrel.
![Oil](/cache/02-20/Venezuela-83.53c01346.jpg)
2020, February, 10, 10:45:00
RUSSIA, VENEZUELA COOPERATION
Brent rose 24 cents, or 0.4%, to $55.17 a barrel, WTI were up 15 cents, or 0.3%, at $51.10 a barrel,
![Oil](/cache/02-20/IRAN-215.eecf5197.jpg)
2020, February, 10, 10:40:00
IRAN SUPPORTS OPEC
Iran’s support for any output reduction agreed by a majority of OPEC member states
![Oil](/cache/02-20/iran-214.47f7ec96.jpg)
2020, February, 10, 10:35:00
IRAN'S OIL DEVELOPMENT: $1.3 BLN
"The contract core sum is $876 million and with its side costs the investment will reach $1.3 billion," Zanganeh said.
![Oil](/cache/02-20/ANGOLA-1.133bc723.jpg)
2020, February, 10, 10:05:00
ANGOLA NEED EXPLORATION
Angola's crude output has fallen from a peak of 1.9 million b/d in 2010 to 1.4 million b/d currently
![Oil](/cache/02-20/RIG-155.1e8572d6.jpg)
2020, February, 10, 09:55:00
WORLDWIDE RIG COUNT UP 30 TO 2,073
The worldwide rig count for January 2020 was 2,073, up 30 from the 2,043 counted in December 2020, and down 192 from the 2,265 counted in January 2019.
![Oil](/cache/02-20/RIG-154.7aaacb5c.jpg)
2020, February, 10, 09:50:00
U.S. RIGS UNCHANGED TO 790
U.S. Rig Count is unchanged from last week at 790, Canada Rig Count is up 10 rig from last week at 257
![Oil](/cache/02-20/PRICE-123.e657c3de.jpg)
2020, February, 7, 11:15:00
OIL PRICE: NEAR $55
Brent rose 24 cents, or 0.4%, to $55.17 a barrel, WTI were up 15 cents, or 0.3%, at $51.10 a barrel,
![Oil](/cache/02-20/USA-73.a36b1f73.jpg)
2020, February, 7, 11:10:00
RUSSIA, USA DIALOG
Russian energy minister Alexander Novak discussed bilateral energy cooperation with the US ambassador to Russia, John Sullivan, on Thursday, according to an energy ministry statement.
![Oil](/cache/02-20/PRICE-121.35baa7a6.jpg)
2020, February, 7, 11:05:00
OPEC+ : 600 TBD
The Russian delay is sure to frustrate OPEC kingpin Saudi Arabia, which had called for the collective to immediately implement deeper cuts of 500,000 b/d or more amid the sell-off in crude prices.
![Oil](/cache/02-20/SANCTIONS-63.ea98693f.jpg)
2020, February, 7, 11:00:00
U.S., RUSSIA SANCTIONS: THE NEXT
The US was prepared to sanction Rosneft if it continued to trade crude oil and fuel with PDVSA, but analysts said those sanctions have yet to be imposed because of the expected impact they may have on the global oil market.
![Oil](/cache/02-20/ROSNEFT-151.7d87cc92.jpg)
2020, February, 7, 10:25:00
ROSNEFT FOR INDIA: 2 MLN. T.
Rosneft Oil Company and Indian Oil Corporation Limited (IOCL) signed a contract to supply up to 2 million tonnes of oil to India via the port of Novorossiysk by the end of 2020.
![Oil](/cache/02-20/CONOCO-9.958c61c5.jpg)
2020, February, 7, 10:10:00
CONOCOPHILLIPS EARNINGS $0.7 BLN
ConocoPhillips (NYSE: COP) reported fourth-quarter 2019 earnings of $0.7 billion, or $0.65 per share, compared with fourth-quarter 2018 earnings of $1.9 billion, or $1.61 per share.
![Oil](/cache/02-20/VARCO-29.2a39a532.jpg)
2020, February, 7, 10:05:00
NOV VARCO NET LOSS $6.1 BLN
NOV VARCO revenues for the full year 2019 were $8.48 billion, operating loss was $6.28 billion, and net loss was $6.10 billion, or $15.96 per share. Adjusted EBITDA for the full year was $885 million, or 10.4 percent of sales.
![Oil](/cache/02-20/PRICE-119.aa6234a9.jpg)
2020, February, 5, 11:30:00
OIL PRICE: ABOVE $54
Brent were up 31 cents, or 0.6%, to $54.27 a barrel, WTI were up 21 cents or 0.4% to $49.82 a barrel