OPEC Daily Basket Price: Wednesday, 13 February 2019, Stood at $62.94 a Barrel
Vienna, Austria, 14 February 2019–The price of OPEC basket of fourteen crudes stood at $62.94 a barrel on Wednesday, compared with $61.88 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), …
Russia and Colombia Lead Global Oil and Gas Discoveries, During Q4 2018
Russia and Colombia had the highest number of oil and gas discoveries amongst a number of key countries with three each in Q4 2018, according to leading data and analytics company GlobalData. Russia had two natural gas discoveries in the West Siberian basin and an oil discovery in the Okhotsk …
U.S. Investors Bought Almost Half of Gazprom’s Eurobond – JP Morgan
Russian gas giant Gazprom sold almost half of its $1.25 billion Eurobond issue to U.S. investors, Yan Tavrovsky, head of JP Morgan in Russia and CIS, told Reuters on Monday. JP Morgan was one of the organisers of the deal. * Last week, Gazprom placed the 7-year Eurobond with a …
Shell Leads Global New-Build Capex Outlook on Planned and Announced Upstream Projects to 2025
A total new-build capital expenditure (capex) of US$846bn is expected to be spent globally on planned and announced upstream projects from 2019 to 2025. Royal Dutch Shell Plc leads among all oil and gas companies and is expected to spend US$54.6bn on upcoming upstream projects during the forecast period, …
Vitol Plans Liquefied Petroleum Gas Foray in Kazakhstan
Vitol, the world’s top oil trader, plans to access liquefied petroleum gas (LPG) from the giant Kashagan field in Kazakhstan and may finance the construction of a processing and export facility, industry and company sources told Reuters. LPG is mainly a by-product of oil development at the field and at …
OPEC Daily Basket Price: Tuesday, 12 February 2019, Stood at $61.88 a Barrel
Vienna, Austria, 13 February 2019–The price of OPEC basket of fourteen crudes stood at $61.88 a barrel on Tuesday, compared with $61.40 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), …
OPEC: Monthly Oil Market Report for February 2019
Oil Market Highlights Crude Oil Price Movements The OPEC Reference Basket (ORB) rebounded in January, gaining more than 3%, or $1.80 month-on-month (m-o-m), to average $58.74/b. Crude oil prices improved over the month, buoyed by robust market fundamentals with signs of tightening crude supply as well as firm crude oil …
OPEC Daily Basket Price: Monday, 11 February 2019, Stood at $61.40 a Barrel
Vienna, Austria, 12 February 2019–The price of OPEC basket of fourteen crudes stood at $61.40 a barrel on Monday, compared with $61.37 the previous Friday, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), …
Petrosibir: Production Report for January 2019
Petrosibir’s total oil production in January 2019 amounted to 35,767 barrels, equivalent to 1,154 barrels per day. The tables below summarises the average monthly / daily production in 2019 and 2018, broken down by region. 2018 2019 Average Dec Jan Total production Bashkiria 12 916 12 395 11 884 Komi …
OPEC Daily Basket Price: Friday, 8 February 2019, Stood at $61.37 a Barrel
Vienna, Austria, 11 February 2019–The price of OPEC basket of fourteen crudes stood at $61.37 a barrel on Friday, compared with $61.57 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), …