Oil
![Oil](/cache/11-18/PRICE-428.5432fd45.jpg)
2018, November, 16, 09:30:00
SAUDIS ARE ANGRY
REUTERS - “The Saudis are very angry at Trump. They don’t trust him any more and feel very strongly about a cut. They had no heads-up about the waivers,” said one senior source briefed on Saudi energy policies.
![Oil](/cache/11-18/PRICE-425.2208f5bb.jpg)
2018, November, 16, 09:25:00
RUSSIA, OPEC COOPERATION
PLATTS - "It is obvious that we need to cooperate with Saudi Arabia, and we are going to cooperate with Saudi Arabia. OPEC plus has been very positive, and we see that in the market situation," Putin told reporters in Singapore during a briefing broadcast on Russia 24.
![Oil](/cache/11-18/usa-833.816a14c9.jpg)
2018, November, 16, 09:10:00
U.S. OIL INVENTORIES UP
U.S. EIA - U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 10.3 million barrels from the previous week.
![Oil](/cache/12-18/oil-514.f62b4082.jpg)
2018, November, 15, 15:47:00
OPEC: OIL DEMAND 2019: 100 MBD
OPEC - In 2018, oil demand growth is anticipated to increase by 1.50 mb/d y-o-y, a downward revision from the previous month of 40 tb/d, mainly due to weaker-than-expected oil demand data from the Middle East and, to a lesser extent, China during 3Q18. Expected total oil demand for the year is anticipated to reach 98.79 mb/d. In 2019, world oil demand growth is forecast to grow by 1.29 mb/d y-o-y, about 70 tb/d lower than last month’s projection, with total world consumption to reach 100.08 mb/d.
![Oil](/cache/11-18/PRICE-422.09fa6b89.jpg)
2018, November, 14, 12:25:00
OIL PRICE: NEAR $65
REUTERS - U.S. West Texas Intermediate (WTI) crude oil futures were at $55.52 per barrel at 0732 GMT, down 17 cents, or 0.3 percent, from their last settlement. International benchmark Brent crude oil futures LCOc1 were down 9 cents at $65.38 per barrel.
![Oil](/cache/11-18/PRICE-419.02676da4.jpg)
2018, November, 14, 12:15:00
OIL MARKET UNCERTAINTY
CNBC - Saudi Arabia, OPEC's biggest producer and the world's top crude exporter, intends to cut shipments by 500,000 barrels a day in December, Khalid al Falih, the country's energy minister said on Sunday. Russian Energy Minister Alexander Novak said on Sunday he wasn't convinced the oil market would be oversupplied in 2019. Russia is the world's second biggest oil producer after the United States and, along with Saudi Arabia, plays an influential role in the oil alliance.
![Oil](/cache/11-18/ENERGY-29.2fad3a28.jpg)
2018, November, 14, 12:10:00
NATURAL GAS: THE SECOND
REUTERS - Global gas demand would increase by 1.6 percent a year to 2040 and would be 45 percent higher by then than today,
![Oil](/cache/11-18/USA-826.b2f68bd4.jpg)
2018, November, 14, 12:00:00
U.S. PRODUCTION: OIL + 113 TBD, GAS + 1,038 MCFD
U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 113,000 b/d month-over-month in December from 7,831 to 7,944 thousand barrels/day , gas production to increase 1,038 million cubic feet/day from 74,041 to 75,079 million cubic feet/day .
![Oil](/cache/11-18/LUKOIL-37.a27d5a38.jpg)
2018, November, 14, 11:40:00
LUKOIL PRODUCTION 2.3 MBD
LUKOIL - For the first nine months of 2018 LUKOIL Group's average hydrocarbon production excluding West Qurna-2 project was 2,301 thousand boe per day, which is 3.7% higher year-on-year.
![Oil](/cache/11-18/Baker-Hughes-21.935a3aaf.jpg)
2018, November, 14, 11:35:00
BHGE, GE MAXIMIZES VALUE
GE - Baker Hughes, a GE company and General Electric Company Announce a Series of Long-Term Agreements to Maximize Value for Both BHGE and GE
![Oil](/cache/11-18/PRICE-416.349bdf5f.jpg)
2018, November, 12, 12:30:00
OIL PRICE: NEAR $71
REUTERS - Front-month Brent crude futures LCOc1, a benchmark for global oil prices, were at $71.59 per barrel at 0749 GMT, up 2 percent from their last close. U.S. West Texas Intermediate (WTI) crude futures rose 1.6 percent to $61.15 per barrel.
![Oil](/cache/11-18/PRICE-406.0aed4e36.jpg)
2018, November, 12, 12:25:00
CONFORMITY LEVEL 104%
OPEC - In advance of the scheduled meetings in December 2018, the JMMC directed the JTC to continue closely monitoring oil market conditions and further refine the scenario analysis based on updated data, with regard to options on new 2019 production adjustments, which may require new strategies to balance the market.
![Oil](/cache/11-18/PRICE-413.80c0e007.jpg)
2018, November, 12, 12:15:00
SAUDIS CUTS OIL
PLATTS - Saudi Arabia expects to cut its oil exports next month but emerging signs of a crude glut in the US are not an indication that the global oil market is currently oversupplied, the kingdom's energy minister Khalid al-Falih said Sunday, attributing a two-week slide in oil prices to trader overreaction.
![Oil](/cache/11-18/PRICE-402.b68384c2.jpg)
2018, November, 12, 12:10:00
OIL PRICES WILL UP
CNBC - "In the 2020's we are going to have a clear physical shortage of oil because nobody is allowed to fully invest in future oil production," Michele Della Vigna, Head of EMEA Natural Resources Research at Goldman Sachs told CNBC Friday.
![Oil](/cache/11-18/ANGOLA-7.7b92c6e2.jpg)
2018, November, 12, 12:00:00
TOTAL'S INVESTMENT TO ANGOLA: $16 BLN
THE LOCAL FRANCE - Angola and French oil giant Total formally launched a major new offshore oil project Saturday to aid the country's economy that plunged into crisis following oil price dips in 2014.