2019, June, 25, 12:55:00US CAN CLOSE HORMUZ
U.S. President Donald Trump said on Monday that other countries, including China and Japan, should protect their own oil tankers in the Middle East.
2019, June, 24, 12:30:00OIL PRICE: NEAR $65 YET
Brent crude futures rose 0.7% to $65.66 per barrel, near Friday’s three-week high of $65.76, while U.S. crude futures were up 1.1% at $58.07, standing at its highest in over three weeks.
2019, June, 24, 12:25:00COOPERATION IS IMPORTANT
“Today, more than ever, international cooperation is important,” Novak said in a speech at an energy forum in the Russian city of St Petersburg.
2019, June, 24, 12:20:00RUSSIA WILL HELP IRAN
Iran and Russia already have a deal whereby Iran sells 100,000 b/d of crude oil to Russia and receives 50% of the value in cash and 50% in equipment.
2019, June, 24, 12:15:00U.S. OIL PRODUCTION 12.2 MBD
U.S. crude oil production reached a new all-time high of 12.2 million barrels per day (mb/d) in May 2019
2019, June, 24, 12:10:006 UNDERVALUED ENERGY STOCKS ANEW
Let’s see which companies are still undervalued and which ones are out of my radar. Some of them reached their fair value and some other stopped to satisfy my parameters.
2019, June, 21, 10:10:00OIL PRICE: NEAR $64 YET
Brent crude was down 20 cents, or 0.31%, at $64.25 a barrel by 0630 GMT. U.S. West Texas Intermediate crude was down 16 cents, or 0.28%, at $56.90 a barrel.
2019, June, 21, 10:05:00THE STRAIT OF HORMUZ IS IMPORTANT
The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The Strait of Hormuz is the world's most important oil chokepoint because of the large volumes of oil that flow through the strait. In 2018, its daily oil flow averaged 21 million barrels per day (b/d), or the equivalent of about 21% of global petroleum liquids consumption.
2019, June, 21, 10:00:00INDONESIA'S OIL UP, LNG DOWN
Indonesia's LNG exports plunged nearly 50% month on month in April to to 633,863 mt, while crude oil exports jumped 35% over the same period, detailed figures from Statistics Indonesia showed this week.
2019, June, 20, 17:45:00OIL PRICE: NEAR $64
Brent crude was up $2.06 at $63.88 a barrel , U.S. West Texas Intermediate crude rose $2.33 to $56.09.
2019, June, 20, 17:25:00SAUDI ARABIA'S OIL PRODUCTION 9.9 MBD
Saudi Arabia’s crude oil production approached a four-year low, averaging an estimated 9.9 million barrels per day (b/d). Production declined more than 1 million b/d since its estimated all-time high production levels in October and November 2018
2019, June, 20, 17:20:00NORWAY'S PRODUCTION 1.6 MBD
Preliminary production figures for May 2019 show an average daily production of 1 599 000 barrels of oil, NGL and condensate, which is a decrease of 120 000 barrels per day compared to April.
2019, June, 19, 11:30:00OIL PRICE: NOT ABOVE $63
Brent crude futures were up 20 cents, or 0.3%, at $62.34 a barrel by 0644 GMT. U.S. West Texas Intermediate crude gained 20 cents, or 0.4%, to $54.10 a barrel.
2019, June, 18, 17:50:00OIL PRICE: NOT ABOVE $62 YET
Brent crude futures were trading 18 cents down at $60.76 a barrel by 1203 GMT. U.S. West Texas Intermediate crude futures lost 3 cents to $51.90.
2019, June, 18, 17:40:00IRAN, RUSSIA ENERGY COOPERATION
Iran and Russia have signed a Memorandum of Understanding on oil and gas cooperation which will bolster the two countries’ energy relations.