Prices
![Prices](/cache/01-20/PRICE-87.99f21f04.jpg)
2020, January, 13, 15:55:00
OIL PRICE: NEAR $65
Brent was down 15 cents at $64.83 per barrel, WTI crude CLc1 was down 8 cents at $58.96 a barrel
![Prices](/cache/01-20/PRICE-84.2ca2a46c.jpg)
2020, January, 13, 15:50:00
OIL MARKET WILL STABLE
Saudi Arabia, the world's biggest oil exporter, is in the midst of an OPEC+ agreement to cut 1.7 million b/d of crude from the market in Jan through to March.
![Prices](/cache/01-20/SANCTIONS-61.b259b880.jpg)
2020, January, 13, 15:45:00
THE NEW U.S. IRAN SANCTIONS
I, DONALD J. TRUMP, President of the United States of America, find that Iran continues to be the world's leading sponsor of terrorism and that Iran has threatened United States military assets and civilians through the use of military force and support to Iranian-backed militia groups.
![Prices](/cache/01-20/PRICE-82.c3d48555.jpg)
2020, January, 10, 11:55:00
OIL PRICE: ABOVE $65
Brent were up 26 cents, or 0.38%, to $68.53, WTI gained 10 cents, or 0.16%, to $62.80 a barrel.
![Prices](/cache/01-20/USA-32.9e7070ec.jpg)
2020, January, 10, 11:25:00
U.S. GAS PRICES DOWN
In 2019, natural gas spot prices at the national benchmark Henry Hub in Louisiana averaged $2.57 per million British thermal units (MMBtu), about 60 cents per MMBtu lower than in 2018 and the lowest annual average price since 2016.
![Prices](/cache/01-20/PRICE-78.9de5e546.jpg)
2020, January, 8, 14:45:00
OIL PRICE: NEAR $69
Brent were up 26 cents, or 0.38%, to $68.53, WTI gained 10 cents, or 0.16%, to $62.80 a barrel.
![Prices](/cache/01-20/PRICE-76.8cefe791.jpg)
2020, January, 8, 14:25:00
OIL MARKET IS WELL-SUPPLIED
"The market is well-supplied," Suhail Mazrouei said in Abu Dhabi. "I would say now we are not forecasting a shortage of supply unless we have a catastrophic escalation which we don't see."
![Prices](/cache/01-20/OIL-3.7232a295.jpg)
2020, January, 8, 14:20:00
INDIA'S FISCAL PAINS
expects India's oil demand to grow by 170,000 b/d in 2020, up from 155,000 b/in 2019.
![Prices](/cache/01-20/PRICE-75.08d3d204.jpg)
2020, January, 6, 11:25:00
OIL PRICE: NEAR $70
Brent soared to a high of $70.74 a barrel, WTI was at $64.15 a barrel,
![Prices](/cache/01-20/usa-23.ae645bba.jpg)
2020, January, 6, 11:00:00
OIL GAS CAPEX DOWN 9%
Capital expenditures were $75 billion in third-quarter 2019, 9% lower than in third-quarter 2018.
![Prices](/cache/01-20/USA-24.0b666e28.jpg)
2020, January, 6, 10:50:00
U.S. GAS PRODUCTION UP TO 2,952 BCF
The preliminary level for dry natural gas production in October 2019 was 2,952 billion cubic feet (Bcf), or 95.2 Bcf/d.
![Prices](/cache/12-19/PRICE-71.f2dc1826.jpg)
2019, December, 30, 11:20:00
OIL PRICE: ABOVE $68
Brent were at $68.36 a barrel, up 20 cents, or 0.3%, WTI edged up 5 cents to $61.77 a barrel.
![Prices](/cache/12-19/PRICE-69.863df945.jpg)
2019, December, 27, 10:35:00
OIL PRICE: NEAR $68
Brent were up 6 cents, or 0.1%, at $67.98 a barrel, WTI was up 11 cents, or 0.2%, at $61.79 a barrel.
![Prices](/cache/12-19/USA-22.249dac34.jpg)
2019, December, 27, 10:25:00
U.S. ENERGY LOST
“It really is a great irony that at a time when the United States became the world’s biggest producer and has become a great exporter, that investors have become skeptical and have adopted a position of ‘show me the money,’”
![Prices](/cache/12-19/PRICE-67.980fd991.jpg)
2019, December, 25, 14:45:00
OIL PRICE: ABOVE $67
Brent settled up 81 cents, or 1.22%, at $67.20 a barrel, WTI settled up 59 cents, or 0.97%, at $61.11 a barrel.