2019, January, 7, 10:00:00OIL PRICE: NEAR $58
REUTERS - Brent crude futures LCOc1 were at $57.86 per barrel at 0538 GMT, up 80 cents, or 1.4 percent, from their last close. U.S. West Texas Intermediate (WTI) crude oil futures CLc1 were at $48.77 per barrel, up 81 cents, or 1.7 percent.
2019, January, 7, 09:50:00IRAQ'S OIL PRODUCTION: 4.513 MBD
REUTERS - Iraq said on Friday it was committed to the OPEC+ output-cutting deal and would keep its oil production at 4.513 million barrels per day for the first half of 2019.
2019, January, 7, 09:45:00LIBYA'S OIL REVENUE UP 78%
REUTERS - Libya’s oil revenue rose to $24.4 billion in 2018, up 78 pct from 2017, Libya’s National Oil Corporation (NOC) said in statement on Sunday.
2019, January, 7, 09:30:00EUROPE'S GAS PRICES DOWN
BLOOMBERG - “The question is how much gas Russia ends up delivering into the European markets -- that will be a key determinant,” said Murray Douglas, research director for European gas at Wood Mackenzie Ltd. “Russia expressed publicly it wants to keep deliveries. That could generate a real collapse in prices in the summer months, when we will see a big LNG supply.”
2019, January, 4, 12:10:00OIL PRICE: ABOVE $56
REUTERS - Brent crude futures LCOc1 were at $56.33 per barrel at 0638 GMT, up 38 cents, or 0.7 percent, from their last close. U.S. West Texas Intermediate (WTI) crude oil futures CLc1 were at $47.73 per barrel, up 64 cents, or 1.4 percent.
2019, January, 4, 12:00:00RUSSIA'S OIL PRODUCTION: 11.16 MBD
REUTERS - Russian oil production rose to a post-Soviet record high of 11.16 million barrels per day (bpd) last year on an annual average basis, data from its energy ministry showed.
2019, January, 4, 11:55:00OIL PRICE LEVEL: $60 - 70
MEOG - A $60-70 per barrel oil price level appears adequate to incentivise sufficient long-term supply. The cost to develop both tight oil resources and conventional upstream oil projects has declined significantly since the oil price collapse of 2015-16.
2019, January, 4, 11:50:00OPEC PRODUCTION DOWN 530 TBD
AB - oil output from the Organization of Petroleum Exporting Countries fell 530,000 barrels a day to 32.6 million a day last month. It’s the sharpest pullback since January 2017, when the group first embarked on its strategy to clear the glut created by rising supplies of US shale oil.
2018, December, 29, 14:14:00OIL PRICE: NEAR $53 YET
REUTERS - Brent crude LCOc1 futures rose 4 cents to settle at $52.20 a barrel, off the session high of $53.80 a barrel. U.S. West Texas Intermediate (WTI) crude CLc1 futures rose 72 cents to settle at $45.33 a barrel, after earlier reaching $46.22 a barrel.
2018, December, 27, 17:45:00OIL PRICE: NEAR $54 AGAIN
REUTERS - Brent crude oil LCOc1 dropped $1.67 a barrel, or 3.1 percent, to a low of $52.80 before recovering to around $53.45 by 1205 GMT. U.S. light crude oil CLc1 slipped $1.30 to $44.92 and was last 80 cents lower at $45.42.
2018, December, 26, 07:45:00OIL PRICE: NEAR $50
REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1, were up 29 cents, or 0.68 percent, at $42.82 per barrel, at 0355 GMT, having at one point risen as high as 2 percent from the last close. They had slumped 6.7 percent in the previous session to $42.53 a barrel - the lowest since June 2017. Meanwhile Brent crude oil futures LCOc1 were down 11 cents or 0.22 percent at $50.36 a barrel, having skidded 6.2 percent in the previous session to $50.47 a barrel, the weakest since August 2017.
2018, December, 26, 07:35:00MARKET WILL BE BALANCED
REUTERS - “I think that during the first half, due to joint efforts, which were confirmed by the OPEC and non-OPEC countries this December, the situation will be more stable, more balanced,” Novak said in an interview on Rossiya-24 TV.
2018, December, 26, 07:25:00OPEC: 26 MBBL SURPLUS
AN - “Based on available figures, we have around 26 million barrels of surplus ... compared to 340 million barrels in early 2017,” Al-Mazrouei told a press conference in Kuwait City.
2018, December, 26, 07:15:00IRAN'S BUDGET $47 BLN
AN - Rouhani gave the value of the draft budget at about 4,700 trillion rials for the next Iranian year which starts on March 21, 2019 He said US sanctions would affect Iranians’ lives and growth but not bring the government to its knees
2018, December, 24, 12:10:00OIL PRICE: NEAR $54 YET
REUTERS - International benchmark Brent crude LCOc1 futures rose 60 cents, or 1.1 percent, to $54.42 a barrel at 0408 GMT. Prices climbed to as high as $54.66. U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 37 cents, or 0.8 percent, to $45.96 a barrel after earlier climbing to as high as $46.24.