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Prices

Prices
2020, September, 18, 12:25:00
OPEC RESTORES BALANCE
Energy minister Alexander Novak said Russia "greatly values cooperation with OPEC," and that while overall compliance with the cuts is high, "I would like to urge everyone to view this very seriously and stick to the high level of conformity we were able to achieve."
Prices
2020, September, 17, 17:05:00
OIL PRICE: NOT BELOW $41 YET
Brent was down 22 cents, or 0.5%, to $42.00 a barrel , WTI fell 28 cents, or 0.7%, to $39.88 a barrel.
Prices
2020, September, 17, 16:50:00
ADNOC CUT BY 25%
ADNOC plans a 30% cut in October term volumes for all of its crude grades
Prices
2020, September, 17, 16:35:00
AUSTRALIA'S GAS RECOVERY
The Australian government has presented a plan to boost gas supply and reduce energy prices,
Prices
2020, September, 16, 12:15:50
OIL PRICE: NOT BELOW $41 ANEW
Brent rose 85 cents, or 2.1%, to $41.38 a barrel, WTI rose 92 cents, or 2.4%, to $39.20.
Prices
2020, September, 16, 12:00:00
CHINA'S LNG PRICES UP
The delivery-price of trucked LNG in eastern China's Yangtze river delta, which is well supplied by LNG receiving terminals, rose to around Yuan 2,693/mt, or Yuan 1.95/cu m, in August, up by 10% from July,
Prices
2020, September, 15, 16:35:00
OIL PRICE: BELOW $40
Brent was up 44 cents, or 1.1%, at $40.05 a barrel, WTI were up 52 cents, or 1.4%, at $37.78 a barrel.
Prices
2020, September, 14, 10:30:00
OIL PRICE: NEAR $40
Brent gained 9 cents, or 0.2%, to $39.92 a barrel, WTI were up 18 cents, or 0.5%, at $37.51 a barrel
Prices
2020, September, 14, 09:55:00
MICROGRID CLUSTERS FOR AFRICA'S ELECTRICITY
About 600 million people in sub-Saharan Africa have no access to any form of electricity.
Prices
2020, September, 11, 12:25:00
OIL PRICE: NOT BELOW $39
Brent was down 18 cents, or 0.5%, at $39.88 a barrel, WTI dropped 14 cents, or 0.4%, to $37.16 a barrel,
Prices
2020, September, 11, 12:20:00
OPEC+ PRODUCTION CUT
The OPEC+ agreement called for a decrease in crude oil output by a combined 9.7 million b/d in May and June, a combined decrease of 9.6 million b/d in July 2020, and a combined decrease of 7.7 million b/d in August
Prices
2020, September, 11, 12:15:00
IRAQ OIL PRODUCTION DOWN
Iraq's habitual non-compliance with its production quota has been a sore point within the OPEC+ alliance, with Saudi Arabia, Russia and others pressuring Iraq to improve its performance.
Prices
2020, September, 10, 15:00:00
OIL PRICE: NOT BELOW $40 ANEW
Brent fell 53 cents to $40.26 a barrel, WTI dipped 61 cents to $37.44 a barrel
Prices
2020, September, 10, 14:55:00
GLOBAL PETROLEUM CONSUMPTION WILL UP BY 6.5 MBD
EIA forecasts that consumption of petroleum and liquid fuels globally will average 93.1 million b/d for all of 2020, down 8.3 million b/d from 2019, before increasing by 6.5 million b/d in 2021.
Prices
2020, September, 9, 11:15:00
OIL PRICE: NOT BELOW $40
Brent was down 19 cents, or 0.5%, at $39.59 a barrel, WTI was down 24 cents, or 0.7%, at $36.52 a barrel,