Oil
![Oil](/cache/05-19/PRICE-258.60db2171.jpg)
2019, May, 2, 16:55:00
OPEC + IRAN, VENEZUELA
OPEC is due to meet in June, where the Iran question will no doubt be raised. But oil and gas leaders are taking a cautious approach, with Kuwait's oil minister Khaled Al Fadhel noting that a decision would be taken only after a review of oil prices.
![Oil](/cache/05-19/PRICE-260.2932ac01.jpg)
2019, May, 2, 16:45:00
IRAN'S ELIMINATION IS IMPOSSIBLE
Asked whether Iran’s oil could be removed from the market, Mr. Barkindo said: “No repetition is needed. Eliminating Iran from the oil market is impossible.”
![Oil](/cache/05-19/PRICE-257.ac3e4f55.jpg)
2019, May, 2, 16:40:00
RUSSIA'S OIL CLEANING
Operators of Belarus, Ukrainian, Hungarian and Slovakian sections of troubled Druzhba network have agreed on technical measures to clean contaminated oil from part of the system and expect normal quality oil from Russia to start entering Belarus and Urkaine in the coming days, Ukrainian pipeline operator Ukrtransnafta said Tuesday.
![Oil](/cache/04-19/GAZPROM-239.e99e0612.jpg)
2019, May, 2, 16:15:00
GAZPROM'S PROFIT: TWICE
Profit attributable to the owners of PJSC Gazprom for the year ended December 31, 2018 amounted to RUB 1,456,270 million which is by RUB 741,968 million, or 104 %, more than for the year ended December 31, 2017.
![Oil](/cache/05-19/SHELL-92.d31bf9fd.jpg)
2019, May, 2, 16:00:00
SHELL BUYBACK PROGRAMME TRANCHE $6.75 BLN
Royal Dutch Shell plc (the ‘company’) today announces the commencement of trading in the next tranche of its share buyback programme previously announced on July 26, 2018.
![Oil](/cache/04-19/PRICE-252.7b706e34.jpg)
2019, April, 29, 12:00:00
OIL PRICE: ABOVE $71 ANEW
Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald Trump demanded that producer club OPEC raise output to soften the impact of U.S. sanctions against Iran.
![Oil](/cache/04-19/PRICE-248.4575ada6.jpg)
2019, April, 29, 11:55:00
URALS QUALITY PROBLEMS
Poland, Germany, Ukraine and some other countries suspended imports of Russian oil via the Druzhba pipeline this week due to the contamination. Russia said it plans to restore the pipeline to Europe to stability in two weeks.
![Oil](/cache/04-19/iran-178.15be865f.jpg)
2019, April, 29, 11:40:00
IRAN, CHINA OIL 543 TBD
China's crude oil imports from Iran, the March volume rose 6.2% from February on a barrels-per-day basis, despite dropping by a quarter from the same month of last year.
![Oil](/cache/04-19/PRICE-250.00e24917.jpg)
2019, April, 29, 11:30:00
OIL PRICE: WILL BE $100
"Not extending the oil waivers of some countries is another side of the US measures against Iran. But if Iran's oil is fully sanctioned, oil price will go higher than $100 per barrel,"
![Oil](/cache/04-19/TOTAL-37.18230937.jpg)
2019, April, 29, 11:00:00
TOTAL NET INCOME $2.8 BLN
“Markets remained volatile with Brent averaging $63/b in the first quarter, down 6% from last year, while natural gas prices were down 11% in Europe and 30% in Asia. Adjusted net income was $2.8 billion this quarter, down 4%, and return on equity held steady at 12% this quarter.
![Oil](/cache/04-19/exxon-55.0fbfad90.jpg)
2019, April, 29, 10:55:00
EXXON EARNING $2.4 BLN
Exxon Mobil Corporation today announced estimated first quarter 2019 earnings of $2.4 billion, or $0.55 per share assuming dilution, compared with $4.7 billion a year earlier.
![Oil](/cache/04-19/PRICE-246.94633569.jpg)
2019, April, 26, 11:30:00
OIL PRICE: NOT ABOVE $74 YET
Oil prices dipped on Friday on expectations that producer club OPEC will soon raise output to make up for a decline in exports from Iran following a hardening of sanctions on Tehran by the United States.
![Oil](/cache/04-19/PRICE-244.8889893c.jpg)
2019, April, 26, 11:25:00
OIL PRICES 2019-20: $66 - $65
Crude oil prices are expected to average $66 a barrel in 2019 and $65 a barrel in 2020,
![Oil](/cache/04-19/Venezuela-68.81c23d2f.jpg)
2019, April, 26, 11:00:00
VENEZUELA'S OIL PRODUCTION 840 TBD
In March 2019, Venezuela's crude oil production (excluding condensate) averaged 840,000 barrels per day (b/d), down from 1.1 million b/d in February,
![Oil](/cache/04-19/OCCIDENTAL-2.fb72cdc3.jpg)
2019, April, 26, 10:25:00
OCCIDENTAL, ANADARKO MERGER $57 BLN
Occidental Petroleum made a new $57 billion offer for Anadarko