Prices
![Prices](/cache/12-2017/price-201.6bf7b7af.png)
2017, December, 20, 19:45:00
OIL PRICE: ABOUT $64
REUTERS - Brent crude futures, the international benchmark for oil prices, were up 29 cents at $64.09 a barrel by 1438 GMT.
U.S. West Texas Intermediate (WTI) crude futures were 26 cents higher at $57.82 a barrel.
![Prices](/cache/12-2017/SAUDI-79.db5a3063.png)
2017, December, 20, 19:35:00
SAUDIS EXPECTS +12%
BLOOMBERG - Saudi Arabia expects oil revenue to jump 12 percent next year in a sign the world’s biggest crude exporter expects prices to keep rising in 2018.
![Prices](/cache/12-2017/PRICE-194.8c1d09d5.png)
2017, December, 18, 12:50:00
OIL PRICE: BELOW $64 YET
REUTERS - Brent crude futures LCOc1, the international benchmark for oil prices, were at $63.72 a barrel at 0821 GMT, up 49 cents, or 0.8 percent, from their last close.
Brent crude futures LCOc1, the international benchmark for oil prices, were at $63.72 a barrel at 0821 GMT, up 49 cents, or 0.8 percent, from their last close.
![Prices](/cache/12-2017/PRICE-193.31bc86a3.png)
2017, December, 18, 12:40:00
OPTIMISTIC OIL PRICES
BLOOMBERG - OPEC’s Secretary General Mohammad Barkindo said the producer group is close to its goal of rebalancing markets and the International Energy Agency said oil inventories in developed nations have slid to the lowest since July 2015. OPEC upped the implementation of promised cuts in November to 115 percent, the highest rate since the agreement began, according to the IEA.
![Prices](/cache/12-2017/ENERGY-16.24e86195.png)
2017, December, 18, 12:35:00
INEVITABLE OIL CHANGES
OPEC -
Sustainable oil market stability is crucial to attract the level of investment necessary for future demand growth;
In the longer term, oil will remain a vital and integral part of the energy mix;
Global energy and oil demand will grow in the long term;
![Remarks by OPEC Secretary General September 2017 г.](https://img.youtube.com/vi/mYNpX2JB5zQ/0.jpg)
2017, December, 17, 13:07:00
Remarks by OPEC Secretary General September 2017 г.
Remarks by OPEC Secretary General September 2017 г.
![Novak interview July 10 2017](https://img.youtube.com/vi/F019WkG8cZs/0.jpg)
2017, December, 17, 12:51:00
Novak interview July 10 2017
Alexander Novak: OPEC + agreement should be extended.
![Alexander Novak about the global oil market](https://img.youtube.com/vi/a3WSgt3D1E0/0.jpg)
2017, December, 17, 12:50:00
Alexander Novak about the global oil market
Alexander Novak about the global oil market. OPEC + agreement should be extended.
![Alexander Novak about Agreement OPEC+](https://img.youtube.com/vi/u-mDkFBrlwA/0.jpg)
2017, December, 17, 12:48:00
Alexander Novak about Agreement OPEC+
Alexander Novak about Agreement OPEC+
![Russia's Novak Sees $50 $60 Oil Price This Summer](https://img.youtube.com/vi/BjEvnULMKbo/0.jpg)
2017, December, 17, 12:47:00
Russia's Novak Sees $50 $60 Oil Price This Summer
Russia's Novak Sees $50 $60 Oil Price This Summer
![Prices](/cache/12-2017/PRICE-175.d5412505.png)
2017, December, 15, 13:20:00
OIL PRICE: BELOW $64
REUTERS - U.S. West Texas Intermediate (WTI) crude futures were at $57.28 a barrel at 0757 GMT, up 26 cents, or 0.5 percent, from their last settlement.
Brent crude futures, the international benchmark for oil prices, were at $63.47 a barrel, up 16 cents, or 0.25 percent, from their previous close.
![Prices](/cache/12-2017/AFRICA-39.78fa00bd.png)
2017, December, 15, 13:15:00
AFRICA NEEDS GOOD PRICE
BLOOMBERG - The region’s median government debt level will probably exceed 50 percent of gross domestic product this year from 34 percent in 2013, while the cost of servicing the liabilities will average almost 10 percent compared with half that four years ago, the International Monetary Fund said.
![Prices](/cache/12-2017/PRICE-172.e4f47ccf.png)
2017, December, 15, 13:10:00
UNCERTAIN OIL PRICES
EIA - The forecast for oil prices remains highly uncertain. WTI futures contracts for March 2018 delivery, traded during the five-day period ending December 7, 2017, averaged $57/b.
![Prices](/cache/12-2017/lukoil-31.46079f6a.png)
2017, December, 15, 12:50:00
LUKOIL'S PLAN: $50
LUKOIL - The plan is based on the conservative $50 per barrel oil price scenario. Sustainable hydrocarbon production growth is planned in the Upstream business segment along with the growth in the share of high-margin projects in the overall production. In the Downstream business segment, the focus is on the improvement of operating efficiency and selective investment projects targeted at the enhancement of product slate.
![Prices](/cache/12-2017/PRICE-157.54d5ef06.png)
2017, December, 13, 12:40:00
OIL PRICE: ABOVE $64 YET
REUTERS - Brent crude was up 69 cents, or 1.1 percent, at $64.03 a barrel by 0743 GMT. It had settled down $1.35, or 2.1 percent, on Tuesday on a wave of profit-taking after news of a key North Sea pipeline shutdown helped send the global benchmark above $65 for the first time since mid-2015.
U.S. West Texas Intermediate crude was up 45 cents, or 0.8 percent, at $57.59 a barrel.