Prices
![Prices](/cache/04-19/OIL-531.21c26fde.jpg)
2019, April, 10, 11:20:00
GLOBAL OIL STOCKS 2.88 BBL
According to OPEC's latest monthly oil market report, global oil inventories stood at 2.88 billion barrels in January, about 19.1 million barrels above the five-year average that OPEC is targeting with its current output policy.
![Prices](/cache/04-19/PRICE-205.64f83213.jpg)
2019, April, 10, 11:05:00
IRAN'S OIL RECOVERY
PLATTS - Iranian oil exports, which have been laboring under US sanctions since late last year, have recovered close to prior levels, supported by unflinching demand from China and South Korea, data from shipping sources and provisional tanker tracking data showed Tuesday.
![Prices](/cache/04-19/PRICE-199.809b5c34.jpg)
2019, April, 8, 12:10:00
OIL PRICE: ABOVE $70
Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, U.S. sanctions against Iran and Venezuela, fighting in Libya as well as strong U.S. jobs data.
![Prices](/cache/04-19/PRICE-197.d550e4aa.jpg)
2019, April, 8, 11:40:00
OPEC'S OIL PRODUCTION DOWN 570 TBD
PLATTS - OPEC in March tightened the oil market considerably, slashing 570,000 b/d from its February output level, as Saudi Arabia continued to implement production cuts and Venezuela suffered from extensive power outages on top of US sanctions, an S&P Global Platts survey found.
![Prices](/cache/04-19/PRICE-195.918f134c.jpg)
2019, April, 5, 10:55:00
OIL PRICE: NEAR $70 YET
Oil prices fell on Friday, with Brent slipping away from the $70 mark reached the previous day, pulled down by worries about progress in the U.S.-China trade talks.
![Prices](/cache/04-19/PRICE-193.db8098ba.jpg)
2019, April, 3, 11:30:00
OIL PRICE: NEAR $70
Oil prices rose for a fourth day on Wednesday, pushing Brent towards $70 a barrel as support from OPEC-led supply cuts and U.S. sanctions overshadowed a report showing an unexpected rise in U.S. inventories.
![Prices](/cache/04-19/PRICE-189.de8bbe43.jpg)
2019, April, 1, 11:40:00
OIL PRICE: ABOVE $68
Oil prices rose on Monday, adding to gains in the first quarter when the major benchmarks posted their biggest increases in nearly a decade, as concerns about supplies outweigh fears of a slowing global economy.
![Prices](/cache/03-19/PRICE-185.88489d7f.jpg)
2019, April, 1, 11:35:00
OIL PRICE: THE FASTEST UP
Oil prices rose about 1 percent on Friday, posting their biggest quarterly rise in a decade.
![Prices](/cache/03-19/PRICE-183.560dbce8.jpg)
2019, March, 29, 11:45:00
OIL PRICE: NEAR $68
Oil prices rose on Friday on the back of ongoing OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, putting crude markets on track for their biggest quarterly rise since 2009.
![Prices](/cache/03-19/PRICE-181.e7db7210.jpg)
2019, March, 27, 12:05:00
OIL PRICE: ABOVE $67 YET
Oil prices were mixed on Wednesday, with Brent extending the previous session’s rise, but gains were kept in check amid growing fears over the impact of a global economic slowdown on demand.
![Prices](/cache/03-19/PRICE-176.593507f5.jpg)
2019, March, 25, 11:40:00
OIL PRICE: BELOW $67
Oil prices slipped on Monday, with concerns of a sharp economic slowdown outweighing supply disruptions from OPEC’s production cutbacks and from U.S. sanctions on Iran and Venezuela.
![Prices](/cache/03-19/PRICE-172.cec53c73.jpg)
2019, March, 25, 11:35:00
OPEC SUPPORTS STABILITY
The JMMC reiterated the critical role that the “Declaration of Cooperation” has played in supporting oil market stability since December 2016 and took note of the expressed commitment of all participating countries to ensure that such stability continues on a sustainable basis, as overall conformity reached almost 90% for the month of February 2019, which is up from 83% in the month of January.
![Prices](/cache/03-19/PRICE-170.478b6e48.jpg)
2019, March, 22, 10:45:00
OIL PRICE: ABOVE $67 ANEW
Oil hovered slightly below 2019 peaks on Friday, propped up by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on Iran and Venezuela.
![Prices](/cache/03-19/PRICE-168.22bd28c6.jpg)
2019, March, 22, 10:15:00
SAUDI'S OIL WILL DOWN
Saudi Arabia will supply its clients with significantly less oil than they requested in April, extending deeper-than-agreed oil production cuts into a second month, a Saudi official familiar with the policy said.
![Prices](/cache/03-19/PRICE-166.13d22378.jpg)
2019, March, 20, 11:35:00
OIL PRICE: ABOVE $67 AGAIN
Oil prices edged up on Wednesday, supported by ongoing supply cuts led by producer club OPEC and U.S. sanctions against Iran and Venezuela,