Search Results
![Search Results](/cache/06-2017/price-214.4cddaf2e.jpg)
2017, June, 26, 23:45:00
OIL CAN BE BELOW $40
“Prices can go below $40 a barrel given the market is being dictated by sentiment and not fundamentals. There is nothing to stop it right now.”
![Search Results](/cache/06-2017/PRICE-222.b6a611ec.jpg)
2017, June, 26, 23:50:00
OIL PRICE: ABOVE $46 ANEW
Global benchmark Brent crude futures were trading up 45 cents, or 1.0 percent, at $45.99 per barrel at 0623 GMT.
U.S. West Texas Intermediate (WTI) crude futures were up 43 cents, or 1.0 percent, at $43.44 per barrel.
![Search Results](/cache/06-2017/RENEWABLE-2.3870f4e1.jpg)
2017, June, 26, 23:40:00
RENEWABLE ENERGY EFFICIENCY: 90%
Keeping the rise of global temperatures below 2 degrees Celsius means reducing energy-related carbon dioxide emissions by more than 70 per cent by 2050 (compared to 2015 levels). Analysis by IRENA for the G20 Presidency has shown that renewable energy and energy efficiency could potentially achieve 90 per cent of those reductions.
![Search Results](/cache/06-2017/PRICE-190.bef75c2b.jpg)
2017, June, 28, 15:20:00
MODEST OIL GAS PRICES
The August light, sweet crude contract on NYMEX gained 37¢ on June 26 to settle at $43.38/bbl. The September contract was up 34¢ to close at $43.61/bbl.
The NYMEX natural gas price for July gained nearly 10¢ to a rounded $3.03/MMbtu. The Henry Hub cash gas price was $2.98/MMbtu, up 12¢.
The Brent crude contract for August on London’s ICE increased 29¢ to $45.83/bbl while the September contract was up 29¢ to $46.04/bbl. The July gas oil contract dropped $1.75 to $409.50/tonne.
OPEC’s basket of crudes on June 26 was $43.14/bbl, down 12¢.
![Search Results](/cache/06-2017/PRICE-232.8e3a4097.jpg)
2017, June, 28, 15:15:00
GAS PRICE: ABOVE $3.03
The NYMEX July natural gas futures contract settled 1 cent higher at $3.037/MMBtu on Tuesday, as a bullish weather outlook continued to drive up prices.
![Search Results](/cache/06-2017/usa-390.fe70d04e.jpg)
2017, June, 28, 15:10:00
DOUBLE U.S. OIL EXPORTS
U.S. crude oil and petroleum product gross exports have more than doubled over the past six years, increasing from 2.4 million barrels per day (b/d) in 2010 to 5.2 million b/d in 2016. Exports of distillate, gasoline, propane, and crude oil have all increased, but at different paces and for different reasons.
![Search Results](/cache/06-2017/usa-391.10855b62.jpg)
2017, June, 28, 15:05:00
IMF: U.S. ISN'T WORKING WELL
All in all, in our judgement, the U.S. economic model is not working as well as it could in generating broadly shared income growth.
![Search Results](/cache/06-2017/PRICE-236.1f00545f.jpg)
2017, June, 28, 15:25:00
OIL PRICE: ABOVE $46 YET
Brent crude LCOc1 was down 9 cents at $46.56 a barrel at 1033 GMT. It reached a seven-month low of $44.35 on June 21. U.S. crude fell 17 cents to $44.07.
![Search Results](/cache/06-2017/LNG-52.4b5e1b37.jpg)
2017, June, 28, 15:00:00
AUSTRALIA - CHINA LNG UP
Among China's LNG suppliers Australia has fared best, with imports rising 42.7 percent in the first five months to 5.39 million tonnes, almost double that of second-placed Qatar at 2.84 million tonnes.
![Search Results](/cache/06-2017/price-241.3e774f65.jpg)
2017, June, 30, 08:35:00
MORE MONEY FOR OPEC
OPEC's first output cut in eight years has earned the group $1.64 billion a day so far this year, up more than 10 percent from the second half of 2016, according to Reuters calculations based on OPEC figures for average production and its crude basket price up until June 20.
![Search Results](/cache/06-2017/vietnam-9.49cff6b9.jpg)
2017, June, 30, 08:45:00
ВЗАИМОДЕЙСТВИЕ РОССИИ И ВЬЕТНАМА
Стороны намерены создавать благоприятные условия для работы российских и вьетнамских профильных компаний ("Газпром", "Зарубежнефть", "Роснефть" и PetroVietnam) на территории России и Вьетнама, налаживать взаимодействие на перспективных направлениях, включая нефтепереработку и нефтехимию, поставки во Вьетнам сжиженного природного газа, производство и сбыт на рынке этого государства газомоторного топлива.
![Search Results](/cache/06-2017/ROSNEFT-106.057900fa.jpg)
2017, June, 30, 08:40:00
ROSNEFT & BEIJING GAS DEAL
Rosneft and Beijing Gas Group Company Limited ("Beijing Gas") closed the deal for sale and purchase of 20% shares in Verkhnechonskneftegaz (a Rosneft subsidiary). The price of purchased 20% stake amounted to around USD 1.1bln.
![Search Results](/cache/06-2017/KOREA-3.d7ba3c59.jpg)
2017, June, 30, 08:30:00
U.S. - S.KOREA BUSINESS
South Korean companies announced plans to import more American shale gas and build new factories in the U.S. as the two countries' leaders prepare to hold summit talks in Washington where trade is expected to be a key issue.
![Search Results](/cache/06-2017/price-242.1bf4dba5.jpg)
2017, June, 30, 08:50:00
EU GAS PRICES DOWN
Near-curve contracts are seen edging higher on crude gains. On the spot, the Dutch TTF day-ahead was trading at Eur15.30/MWh, down 2.5 euro cent/MWh from Wednesday's close.
German prices were also seen ticking down, with the NCG spot contract down 15 euro cent at Eur15.65/MWh, while the GASPOOL spot was 2.5 euro cent lower at Eur15.40/MWh.
![Search Results](/cache/06-2017/price-245.392597c4.jpg)
2017, June, 30, 08:54:00
WEEKLY OIL GAS PRICES UP
The August light, sweet crude contract on NYMEX gained 50¢ on June 28 to settle at $44.74/bbl. The September contract was up 50¢ to close at $44.99/bbl.
The NYMEX natural gas price for July gained 3¢ to a rounded $3.07/MMbtu. The Henry Hub cash gas price also gained 3¢ to $3.01/MMbtu.
The Brent crude contract for August on London’s ICE increased 66¢ to $47.31/bbl while the September contract climbed 62¢ to $47.54/bbl. The July gas oil contract gained $4.25 to $427.50/tonne.
The Organization of Petroleum Exporting Countries’ basket of crudes on June 28 was $44.48/bbl, up 25¢.
![Search Results](/cache/07-2017/USA-394.d69231b0.jpg)
2017, July, 3, 13:40:00
U.S. GDP UP 1.4%
Real gross domestic product (GDP) increased at an annual rate of 1.4 percent in the first quarter of 2017 , according to the "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2016, real GDP increased 2.1 percent.
![Search Results](/cache/07-2017/USA-395.56793e48.jpg)
2017, July, 3, 13:55:00
U.S. GAS UPDOWN
Natural gas net imports (imports minus exports) set a record low of 685 billion cubic feet (Bcf) in 2016, continuing a decline for the 9th consecutive year. In recent years both U.S. natural gas production and consumption have increased, although production has grown slightly faster, reducing the reliance on natural gas imports and lowering domestic prices.
![Search Results](/cache/07-2017/USA-396.e6ac2557.jpg)
2017, July, 3, 13:30:00
U.S. RIGS DOWN TO 940
U.S. Rig Count is up 509 rigs from last year's count of 431, with oil rigs up 415, gas rigs up 95, and miscellaneous rigs down 1 to 0.
Canadian Rig Count is up 113 rigs from last year's count of 76, with oil rigs up 77, gas rigs up 37, and miscellaneous rigs down 1 to 0.
![Search Results](/cache/07-2017/PRICE-252.f7466fe5.jpg)
2017, July, 3, 14:00:00
OIL PRICE: ABOVE $48 AGAIN
Brent crude futures had climbed 13 cents, or 0.3 percent, to $48.90 per barrel by 0643 GMT, after jumping 5.2 percent last week in their first weekly gain in six weeks.
U.S. West Texas Intermediate (WTI) crude futures rose 17 cents, or 0.4 percent, to $46.21 per barrel, adding to last week's 7-percent gain.
![Search Results](/cache/07-2017/GERMANY-7.46464ea0.jpg)
2017, July, 3, 13:35:00
GERMANY'S RENEWABLE UP
Germany raised the proportion of its power produced by renewable energy to 35 percent in the first half of 2017 from 33 percent the previous year, according to the BEE renewable energy association.