Trends
2017, January, 26, 19:05:00
2017: FLAT OIL PRICES
Brent crude oil spot prices are expected to remain fairly flat during 2017, in part as a result of the responsiveness of U.S. tight oil production to rising oil prices in late 2016, and they are expected to average $53/b for the year.
2017, January, 26, 19:00:00
BP: OIL DEMAND GROWS
Oil demand grows but at a slowing pace; and non-combusted uses replace transport as the main source of demand growth by 2030s
2017, January, 26, 18:40:00
PETROCHINA NEED BALANCE
PetroChina, China's biggest listed oil company by assets, expected the supply and demand for global oil market would gradually become balanced in 2017 and international oil prices would "recover," the company said late Wednesday in a profits warning for the 2016 annual result.
2017, January, 26, 18:35:00
BAKER HUGHES NET LOSS $2.7 BLN
In the second half of 2016, we reduced annualized costs by nearly $700 million, exceeding our initial goal by almost 40%, paid down $1 billion in debt, repurchased more than $750 million in shares, accelerated innovation with nearly 70 new product introductions, and built new sales channels for our products and technology.
2017, January, 24, 18:45:00
ЦЕНА НЕФТИ: РЕЗУЛЬТАТИВНЫЕ ДЕЙСТВИЯ
«Встреча на уровне министров показала, что страны очень конструктивно относятся друг к другу. Мы даже не ожидали, что соглашение будет так исполняться. Действия стран превзошли наши ожидания. Многие, например Саудовская Аравия, Алжир, Кувейт, превысили свои плановые цифры»,
2017, January, 24, 18:40:00
РОССИЯ ПРИВЕРЖЕНА ДОГОВОРЕННОСТЯМ
«Россия впервые участвует в такой координации и сокращает добычу искусственным способом, а не естественным, когда это происходит, например, в рамках программы развития компании. Это добавляет сложности, но наши компании привержены выполнению договоренностей и очень позитивно относятся к соглашению»,
2017, January, 24, 18:30:00
U.S. GAS PRICES WILL UP
EIA expects the Henry Hub natural gas spot price to average $3.55 per million British thermal units (MMBtu) in 2017 and $3.73/MMBtu in 2018, both higher than the 2016 average of $2.51/MMBtu. Higher prices in 2017 and 2018 reflect natural gas consumption and exports exceeding supply and imports, leading to lower average inventory levels.
2017, January, 23, 19:10:00
OIL PRICES: ABOVE $54 AFRESH
Brent crude LCOc1, the international benchmark for oil prices, was trading at $55.42 per barrel at 0441 GMT, down 7 cents from its last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 fell 11 cents to $53.11 a barrel.
2017, January, 23, 19:05:00
ЦЕНА НЕФТИ 2017: $50 - $60
Министр энергетики России Александр Новак ожидает, что цена на нефть в 2017 году установится на уровне от $50 до $60 за баррель.
2017, January, 23, 18:50:00
OIL PRODUCTION CUTS 1.5 MBD
Saudi Energy Minister Khalid al-Falih said OPEC’s 13 nations and 11 producers outside the cartel had made collective cuts totaling 1.5 million barrels a day since agreements were struck in late November and early December. Oil prices have risen nearly 20% since those deals were made, despite widespread skepticism over whether OPEC and other producers would follow through.
2017, January, 23, 18:35:00
SCHLUMBERGER NET LOSS $1.7 BLN
Full-year 2016 revenue of $27.8 billion decreased 22% year-on-year, despite three quarters of activity from the Cameron Group that contributed $4.2 billion in revenue. Excluding Cameron, consolidated revenue declined 34%.
2017, January, 23, 18:30:00
U.S. RIGS UP 35
U.S. Rig Count is up 57 rigs from last year's count of 637, with oil rigs up 41, gas rigs up 15, and miscellaneous rigs up 1
Canadian Rig Count is up 92 rigs from last year's count of 250, with oil rigs up 59, gas rigs up 33, and miscellaneous rigs unchanged.
2017, January, 20, 19:00:00
OIL PRICES: ABOVE $54 O'ER
International benchmark Brent crude prices were up 68 cents at $54.84 a barrel at 0950 GMT.
U.S. West Texas Intermediate (WTI) crude oil futures were trading up 63 cents at $52 a barrel.
2017, January, 20, 18:55:00
U.S. OIL GAS PRODUCTION UP
U.S. oil production will up 41 tbd, gas production will up 330 mcfd.
2017, January, 17, 18:45:00
DEMAND WILL UP
Brent for March settlement rose 27 cents to $55.72 a barrel on the London-based ICE Futures Europe exchange. The contract fell 56 cents, or 1 percent, to $55.45 a barrel on Friday. Prices slid 2.9 percent last week, the biggest drop since November. The global benchmark crude traded at a premium of $2.32 to March WTI.