"Supported by the OPEC/non-OPEC agreement, Brent prices remained volatile in the context of high inventories and averaged 54 $/b this quarter. In this environment, Total's adjusted net income increased by 56% to $2.6 billion in the first quarter 2017, in line with the strong recent quarterly results of 2016, due to good operational performance and a steadily decreasing breakeven. Excluding acquisitions and asset sales, the Group generated $1.7 billion of cash flow after investments, mainly due to a 63% increase in operating cash flow before working capital changes from the Exploration & Production segment and investment discipline."

Проекты нескольких интеграционных инициатив - Один пояс, один путь, Северный морской путь, ЕАЭС, АСЕАН - вместе могли бы создать каркас будущей Евразии

Brent crude was down 20 cents, or 0.4 percent, from the last close at $51.45 per barrel at 0647 GMT. U.S. West Texas Intermediate (WTI) crude was at $48.39, down 27 cents, or 0.6 percent.

India is a major contributor to the growth in global liquid fuels consumption. Total liquid fuels consumption in India grew 8% in 2016, the largest increase since 2009, to an estimated 4.35 million barrels per day (b/d).

Rosneft and Eni S.p.A. entered into a Cooperation extension agreement in the areas of upstream, refining, marketing and trading during the visit of an Italian delegation to Russia. The document was signed by Rosneft CEO Igor Sechin and Eni CEO Claudio Descalzi in the presence of Russian President Vladimir Putin and Italian Prime Minister Paolo Gentiloni.

In the fourth quarter of 2016, Eni reported an adjusted operating profit of €1.29 billion, up by 103% or €0.65 billion quarter-on-quarter, reversing the negative trend of the previous quarters, thanks to doubling in the E&P operating performance to €1.4 billion (up by €0.8 billion).

Group results  Adjusted operating profit: €1.83 billion, up by 215% or €1.25 billion, vs first quarter of 2016  Adjusted net profit: €0.74 billion (up by €0.74 billion vs the first quarter of 2016)  Net profit: €0.97 billion  Strong cash generation: €1.93 billion, up by 41% vs the first quarter of 2016; €2.60 billion before changes in working capital at replacement cost, up by 76%  Capex: €2.83 billion (€2.42 billion on a pro-forma1 basis), in line with our strategy to bring cashgenerative projects on stream in 2017  Disposals agreed in the first quarter of 2017 of €2.9 billion, approximately 60% of the minimum target planned for the 2017-2020 four-year period  Net debt: €14.9 billion, in line with the end of 2016  Leverage at March 31, 2017: stable at 0.28

Brent crude was up 50 cents at $52.15 per barrel by 1330 GMT. U.S. light crude rose 39 cents to $49.05.

Стороны обсудили взаимодействие на рынке нефти в рамках Декларации о кооперации по добровольной корректировке объемов добычи. Алжирская сторона поддержала совместное заявление Александра Новака и Министра промышленности и минеральных ресурсов Саудовской Аравии Халида Аль-Фалиха от 15 мая с.г. по продлению совместных добровольных действий ведущих производителей нефти на 9 месяцев – до 31 марта 2018 г.

Preliminary production figures for April 2017 show an average daily production of 2 111 000 barrels of oil, NGL and condensate, which is an decrease of 38 000 barrels per day (approx. 2 percent) compared to March.

Algerian energy minister Noureddine Boutarfa said Thursday he believes there is a consensus among countries participating in the OPEC/non-OPEC oil production cut deal regarding the necessity to extend the agreement by nine months through March 2018.

China's attempt to test marine natural gas hydrates, a future energy source, has turned out to be a success, making it the first country to secure continuous and stable gas supply in marine gas hydrate exploitation, according to the Ministry of Land and Resources.

Total petroleum deliveries in April moved up by 1.7 percent from April 2016 to average 19.6 million barrels per day. These were the highest April deliveries in nine years, since 2008. Compared with March, total domestic petroleum deliveries, a measure of U.S. petroleum demand, decreased 0.3 percent. For year to date, total domestic petroleum deliveries moved up slightly by 0.1 percent compared to the same period last year to average 19.4 million barrels per day.

The recent steps to increase the transparency of fiscal policy through the publication of the Fiscal Balance Program and the First Quarter Budget Report are very welcome. This greater transparency will help private businesses and investors better plan their investment and employment decisions.

Brent crude LCOc1 was up 28 cents, or 0.5 percent, at $52.79 at 0630 GMT. The contract earlier rose to the highest since April 21 and is on track for a nearly 4 percent climb this week, its second week of gains. U.S. crude oil CLc1 was up 29 cents, or 0.6 percent, at $49.64 a barrel, highest since April 26. The contract is also heading for a weekly increase of almost 4 percent.

U.S. Rig Count is up 497 rigs from last year's count of 404, with oil rigs up 402, gas rigs up 95, and miscellaneous rigs unchanged. Canadian Rig Count is up 41 rigs from last year's count of 44, with oil rigs up 20, gas rigs up 22, and miscellaneous rigs down 1 to 0.

Members of the Organization of the Petroleum Exporting Countries (OPEC) earned about $433 billion in net oil export revenues in 2016, the lowest since 2004. In real dollar terms, the 2016 revenue represents a 15% decline from the $509 billion earned in 2015, mainly because of the fall in average annual crude oil prices and, to a lesser extent, because of decreases in OPEC net oil exports.

Говоря о задачах, стоящих перед российской энергетикой на долгосрочную перспективу, первый замглавы ведомства отметил, что стратегически важно сохранить лидирующую роль страны на мировых рынках. «Учитывая глобальные тенденции развития и появления технологий, формирующих основу для «энергетики будущего», уже сейчас нам необходимо целенаправленно формировать новые точки развития российского ТЭК, чтобы не только удержать лидерские позиции России на мировых энергетических рынках в традиционных для нас нишах, но и стать лидерами на новых направлениях», – подчеркнул он.

IMF - advancing decisively on the structural reform agenda to improve growth potential and rebalance growth towards non-commodity sectors.

Brent crude gained 48 cents o $54.09 a barrel by 1043 GMT (6:43 a.m. ET), with U.S. light crude up 47 cents at $50.80.