Oil
![Oil](/cache/12-18/BRAZIL-22.48b3a68f.jpg)
2018, December, 5, 09:45:00
BRAZILIAN OIL PRODUCTION UP 5%
PLATTS - Oil production averaged 2.614 million b/d in October, jumping 5.2% from 2.486 million b/d in September, Brazil's National Petroleum Agency, or ANP, said late Monday. October's output, however, was down 0.5% from 2.627 million b/d in October 2017, the ANP said.
![Oil](/cache/12-18/ENERGY-29.17a20d09.jpg)
2018, December, 5, 09:40:00
OIL, GAS CONSUMPTION UP
IEA - Based on the latest available energy data, energy-related CO2 emissions in North America, the European Union and other advanced economies in Asia Pacific grew, as higher oil and gas use more than offset declining coal consumption. As a result, the IEA expects CO2 emissions in these economies to increase by around 0.5% in 2018.
![Oil](/cache/12-18/ARGENTINA-13.d252f582.jpg)
2018, December, 5, 09:20:00
VACA MUERTA INVESTMENT $2.3 BLN
PLATTS - Argentina's state-run energy company YPF and Malaysia's Petronas agreed Tuesday to invest $2.3 billion in a shale oil project in Vaca Muerta, with a target of reaching 60,000 b/d of oil equivalent by 2022.
![Oil](/cache/11-18/PRICE-462.91cce502.jpg)
2018, December, 3, 12:40:00
OIL PRICE: NEAR $62
REUTERS - Brent futures LCOc1 rose $2.40 to trade at $61.86 a barrel, while U.S. crude CLc1 gained $2.28 to $53.21, both on course to make their biggest daily gains in over two years.
![Oil](/cache/12-18/RUSSIA-309.4f6769b1.jpg)
2018, December, 3, 12:25:00
RUSSIAN OIL PRODUCTION 11.37 MBD
REUTERS - Russian oil output stood at 11.37 million barrels per day (bpd) in November, down from the post-Soviet record high of 11.41 million bpd that it reached in October, Energy Ministry data showed on Sunday.
![Oil](/cache/12-18/USA-865.bb5ea390.jpg)
2018, December, 3, 11:55:00
U.S. PRODUCTION: OIL +1.1%, GAS +1.8%
U.S. EIA - Crude oil production increases 1.1% in September from 11,346 to 11,475 thousand barrels/day , gas production increases 1.8% from 102,659 to 104,461 million cubic feet/day .
![Oil](/cache/11-18/PRICE-462.91cce502.jpg)
2018, November, 30, 12:15:00
OIL PRICE: NEAR $60 AGAIN
REUTERS - International Brent crude oil futures LCOc1 were at $59.68 per barrel at 0742 GMT, up 17 cents, or 0.3 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at 51.41, down 4 cents.
![Oil](/cache/11-18/usa-853.260ee306.jpg)
2018, November, 30, 11:40:00
U.S. OIL GAS RESERVES 2017
U.S. EIA - Proved reserves of crude oil in the United States increased 19.5% (6.4 billion barrels) to 39.2 billion barrels at Year-End 2017, setting a new U.S. record for crude oil proved reserves. The previous record was 39.0 billion barrels set in 1970.
Proved reserves of natural gas increased by 123.2 trillion cubic feet (Tcf) (36.1%) to 464.3 Tcf at year-end 2017—a new U.S. record for total natural gas proved reserves. The previous U.S. record was 388.8 Tcf, set in 2014.
![Oil](/cache/11-18/LUKOIL-38.3b1732f6.jpg)
2018, November, 30, 11:00:00
LUKOIL'S PROFIT UP BY 54%
LUKOIL - For the first nine months of 2018 profit attributable to PJSC LUKOIL shareholders was RUB 460.1 billion, up 54.3% year-on-year. In the third quarter of 2018 profit increased by 9.8% quarter-on-quarter to RUB 183.8 billion. The growth was constrained by higher DD&A due to the launch of new production facilities.
![Oil](/cache/11-18/PRICE-459.a6257315.jpg)
2018, November, 28, 13:00:00
OIL PRICE: NEAR $61
REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $52.36 per barrel at 0748 GMT, up 80 cents, or 1.6 percent from their last settlement. International Brent crude oil futures LCOc1 were up 89 cents, or 1.5 percent, at $61.10 per barrel.
![Oil](/cache/11-18/VIETNAM-22.30571c89.jpg)
2018, November, 28, 12:20:00
VIETNAM NEEDS $150 BLN
REUTERS - “Since 2010, the sector invested about 80 billion dollars in generation, transmission and distribution and between now to 2030 another 150 billion dollars needs to be raised,” said Dione, who added that electricity demand in Vietnam will grow by about 8 percent a year for the next decade.
![Oil](/cache/11-18/SAUDI-106.119dee35.jpg)
2018, November, 28, 12:10:00
SAUDI ARAMCO INVESTMENT $150 BLN
REUTERS - Saudi Aramco’s gas expansion strategy needs $150 billion worth of investments over the next decade as the company plans to increase output and become an exporter, its chief executive said on Tuesday.
![Oil](/cache/11-18/PETRONAS-7.10764852.jpg)
2018, November, 28, 12:05:00
PETRONAS PROFIT UP BY 67%
PETRONAS - PETRONAS Group's revenue for the third quarter of 2018 increased by 19% as compared to the third quarter of 2017 mainly due to the impact of higher average realised prices recorded for key products partially offset by the effect of strengthening of Ringgit against US Dollar exchange rate and the impact of lower sales volume mainly for LNG.
![Oil](/cache/11-18/PRICE-455.f0ac5896.jpg)
2018, November, 26, 13:45:00
OIL PRICE: NEAR $60
REUTERS - Front-month Brent crude oil futures LCOc1 had risen by 96 cents, or 1.6 percent, to $59.76 per barrel by 0745 GMT. U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 62 cents, or 1.2 percent, at $51.04 per barrel.
![Oil](/cache/11-18/PRICE-452.2bbe2aac.jpg)
2018, November, 26, 13:35:00
SAUDIS OIL UP TO 11 MBD
REUTERS - Saudi Arabia’s crude oil production has hit an all-time high in November of about 11.1-11.3 million barrels per day (bpd), an industry source familiar with the matter told Reuters on Monday.