Oil and Gas Sector

16.09.2019

Brent continues decline as market signals overshadow political rows

Oil prices edged lower on Friday and posted weekly losses, as concerns about slower global economic growth outweighed hints of progress in the U.S.-China trade dispute.

Brent crude futures fell 16 cents to settle at $60.22 a barrel. U.S. West Texas Intermediate (WTI) crude futures delivery fell 24 cents to end...

Oil prices edged lower on Friday and posted weekly losses, as concerns about slower global economic growth outweighed hints of progress in the U.S.-China trade dispute.

Brent crude futures fell 16 cents to settle at $60.22 a barrel. U.S. West Texas Intermediate (WTI) crude futures delivery fell 24 cents to end...

13.09.2019

Brent drops back from initial rise as OPEC+ fails to impose further output cuts

Oil prices fell on Thursday after a meeting of the OPEC+ alliance yielded no decision on deepening supply cuts but focused instead on bringing Nigerian and Iraqi output down to their agreed quotas.

Oil came under further pressure after the European Central Bank cut its deposit rate to a record low...

Oil prices fell on Thursday after a meeting of the OPEC+ alliance yielded no decision on deepening supply cuts but focused instead on bringing Nigerian and Iraqi output down to their agreed quotas.

Oil came under further pressure after the European Central Bank cut its deposit rate to a record low...

12.09.2019

Brent takes clout after reports on dwindling US reserves

Oil prices jumped higher after the Energy Information Administration reported a draw in crude oil inventories of 6.9 million barrels for the week to September 6. At the time of writing, Brent crude was trading at $62.83 a barrel and West Texas Intermediate was...

Oil prices jumped higher after the Energy Information Administration reported a draw in crude oil inventories of 6.9 million barrels for the week to September 6. At the time of writing, Brent crude was trading at $62.83 a barrel and West Texas Intermediate was...

11.09.2019

Oil benchmarks on the rise towards fresh peak

Oil futures rose for a fifth day, rising to their highest in almost six weeks, on optimism that OPEC and other producing countries may agree to extend output cuts to support prices.

Brent was up 31 cents, or 0.5%, at $62.90 a barrel by 0544 GMT, while U.S. West Texas Intermediate...

Oil futures rose for a fifth day, rising to their highest in almost six weeks, on optimism that OPEC and other producing countries may agree to extend output cuts to support prices.

Brent was up 31 cents, or 0.5%, at $62.90 a barrel by 0544 GMT, while U.S. West Texas Intermediate...

11.09.2019

FSU gas supplies to China to begin in December

Russian President Vladimir Putin has instructed Gazprom CEO Alexei Miller to explore the possibility of transporting Russian natural gas to China via Mongolia. For his part, Miller briefed the head of state on the readiness level of the Power of Siberia gas pipeline, which would transport fuel to consumers in...

Russian President Vladimir Putin has instructed Gazprom CEO Alexei Miller to explore the possibility of transporting Russian natural gas to China via Mongolia. For his part, Miller briefed the head of state on the readiness level of the Power of Siberia gas pipeline, which would transport fuel to consumers in...


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