Prices
![Prices](/cache/08-2017/price-172.7403343b.png)
2017, August, 14, 14:35:00
OIL PRICES: $51 - $52
North Sea Brent crude oil spot prices averaged $48 per barrel (b) in July, $2/b higher than the June average and almost $4/b higher than in July 2016. EIA forecasts Brent spot prices to average $51/b in 2017 and $52/b in 2018. West Texas Intermediate (WTI) crude oil prices are forecast to average $2/b less than Brent prices in both 2017 and 2018.
![Prices](/cache/08-2017/OIL-467.b8030c55.png)
2017, August, 14, 14:30:00
OIL STOCKS DOWN BY 500 TBD
Global oil stocks fell by 500,000 b/d and preliminary data for July, particularly in the US where stocks fell by 790,000 b/d, is supportive of rebalancing supplies with demand, according to the most recent Oil Market Report from the International Energy Agency.
![Prices](/cache/08-2017/opec-45.c92d2577.png)
2017, August, 14, 14:25:00
OPEC OIL PRODUCTION UP 173 TBD
Total crude oil production from the Organization of Petroleum Exporting Countries increased 173,000 b/d month-over-month in July to average 32.87 million b/d.
![Prices](/cache/08-2017/saudi-71.4b6f471d.png)
2017, August, 14, 14:20:00
SAUDI'S DEFICIT DOWN
Saudi Arabia's state budget deficit shrank by a fifth from a year earlier in the second quarter of this year as revenues rose moderately and spending fell marginally, finance ministry figures showed on Sunday.
![Prices](/cache/08-2017/price-160.272bae92.png)
2017, August, 3, 12:50:00
OIL PRICE: ABOVE $52 YET
Benchmark Brent crude was up 20 cents a barrel at $52.56 by 0920 GMT. U.S. light crude was 20 cents higher at $49.79.
![Prices](/cache/07-2017/PRICE-157.a5b38f6f.png)
2017, July, 31, 14:40:00
OIL PRICE: ABOVE $52
U.S. West Texas Intermediate (WTI) futures briefly jumped over $50 per barrel on Monday and were at $49.97 per barrel at 0654 GMT, still up 25 cents, or 0.5 percent from their last close. That means that virtually the entire WTI curve has moved over $50 per barrel.
Brent crude futures were at $52.85 per barrel, up 33 cents or 0.6 percent. Prices hit $52.90 per barrel earlier in the day, their highest since May 25.
![Prices](/cache/07-2017/RUSSIA-177.a7dc9158.jpg)
2017, July, 31, 14:35:00
НЕФТЬ: БОЛЬШЕ ИНВЕСТИЦИЙ
«Ранее мы видели, что на 1 триллион долларов сократились инвестиции в период с 2014-го по 2016 годы включительно, в 2017 году этот тренд пошел уже на увеличение инвестиций в нефтяном секторе. Мы видим также, что снизилась волатильность на рынке, и можно сказать о том, что цена в первом полугодии 2017 года нефти марки Brent была на 30% выше первого полугодия 2016 года. И это стало существенным фактором, который способствовал, в том числе и росту доходов бюджета, улучшению торгового баланса экономики», - рассказал глава российского Минэнерго.
![Prices](/cache/07-2017/PRICE-146.be99ebf3.png)
2017, July, 28, 10:05:00
OIL PRICE: ABOVE $51
Brent crude futures were down 8 cents, or 0.2 percent, at $51.41 per barrel at 0651 GMT.
U.S. West Texas Intermediate (WTI) crude futures were down 10 cents, or 0.2 percent, at $48.94 per barrel.
![Prices](/cache/07-2017/PRICE-130.3e811a8c.png)
2017, July, 26, 14:55:00
OIL PRICES: ABOVE $50
Brent crude futures LCOc1 rose 30 cents to $50.50 a barrel by 0959 GMT, after rallying more than 3 percent on Tuesday.
U.S. West Texas Intermediate futures CLc1 climbed 40 cents to $48.29 a barrel.
![Prices](/cache/07-2017/OIL-431.87a804b9.png)
2017, July, 26, 14:50:00
РАВНОВЕСИЕ РЫНКА
Министерский комитет рассмотрел отчет Совместного технического комитета (СТК) и отметил, что рынок нефти уверенно делает шаги в сторону восстановления равновесия. По мнению экспертов, продолжается оздоровление мирового нефтяного рынка: за последние недели волатильность рынка снизилась, и поток инвестиций в нефтяную промышленность заметно увеличился.
![Prices](/cache/07-2017/NOVAK-6.7ec973a1.png)
2017, July, 26, 14:45:00
ВЫСОКИЙ УРОВЕНЬ СОТРУДНИЧЕСТВА
В прямом эфире телеканала «Россия 24» Министр энергетики Российской Федерации Александр Новак подвел итоги 4-ого заседания Министерского комитета по мониторингу исполнения соглашения о сокращении добычи нефти стран ОПЕК и не-ОПЕК.
![Prices](/cache/07-2017/PRICE-126.753b7b86.png)
2017, July, 24, 14:00:00
OIL PRICES: ABOVE $48 AGAIN
Brent September crude futures fell 18 cents on the day to $47.88 a barrel by 0850 GMT. The price fell 2.5 percent on Friday after a consultancy forecast a rise in OPEC production for July.
NYMEX crude for September delivery fell 20 cents to $45.57 a barrel.
![Prices](/cache/07-2017/NIGERIA-15.dda384f9.jpg)
2017, July, 24, 13:55:00
OIL OUTPUT CONSENSUS
With prices still languishing below the $55-$60/b that some ministers have said they are targeting, some market watchers say OPEC and its non-OPEC partners have no choice but to deepen cuts to make up for output gains from exempt Nigeria and Libya, as well as sliding compliance from other members.
![Prices](/cache/07-2017/SAUDI-69.6fa43e87.png)
2017, July, 24, 13:40:00
SAUDI'S GDP GROWTH: ZERO
Non-oil growth is projected to pick up to 1.7 percent in 2017, but overall real GDP growth is expected to be close to zero as oil GDP declines in line with Saudi Arabia’s commitments under the OPEC+ agreement.
![Prices](/cache/07-2017/PRICE-112.0255d7db.png)
2017, July, 21, 09:20:00
OIL PRICE: ABOVE $49 AGAIN
International benchmark Brent crude futures were at $49.28 per barrel 0501 GMT, down 2 cents from their last close.
U.S. West Texas Intermediate (WTI) crude futures were at $46.89 per barrel, down 3 cents.