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11.12.24 - 14:20
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OPEC again cuts 2024, 2025 oil demand growth forecasts (Reuters EN)
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UPDATE 1-OPEC again cuts 2024, 2025 oil demand growth forecasts Adds detail from paragraph 2 LONDON, Dec 11 (Reuters) - OPEC lowered its forecasts for 2024 and 2025 global oil demand growth on Wednesday in the fifth consecutive cut to the producers group's monthly report. The weaker outlook highlights the challenge facing OPEC+, which comprises the Organization of the Petroleum Exporting Countries and allies such as Russia....
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11.12.24 - 14:02
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OPEC says Russia made small cut to oil output in November (Reuters EN)
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OPEC says Russia made small cut to oil output in November MOSCOW, Dec 11 (Reuters) - Russia's crude oil output in November edged down by 7,000 barrels per day (bpd) to about 8.99 million bpd, the Organization of the Petroleum Exporting Countries (OPEC) said on Wednesday, citing data from secondary sources such as consultancies. This was broadly in line with Russia's monthly output quota of 8.98 million bpd under the OPEC+ deal and including voluntary cuts....
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11.12.24 - 13:31
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Exxon Mobil plan aims to accelerate oil production, earnings (Reuters EN)
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UPDATE 1-Exxon Mobil plan aims to accelerate oil production, earnings Adds details on production, earnings in paragraphs 2-5 HOUSTON, Dec 11 (Reuters) - Exxon Mobil XOM.N on Wednesday said annual project spending will rise to between $28 billion and $33 billion between 2026 and 2030, following the acquisition of U.S. shale producer Pioneer Natural Resources....
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11.12.24 - 13:16
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OPEC to issue December oil market report at 1245 GMT (Reuters EN)
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OPEC to issue December oil market report at 1245 GMT LONDON, Dec 11 (Reuters) - The Organization of the Petroleum Exporting Countries (OPEC) will release its December monthly oil market report at 1245 GMT (1345 Vienna time) on Wednesday, OPEC said in an email. Reporting by Alex Lawler; editing by Jason Neely...
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11.12.24 - 11:48
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Oil Prices Climb On China Demand Optimism (AFX)
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WASHINGTON (dpa-AFX) - Oil prices traded sharply higher on Wednesday amid optimism around stimulus measures in China, the world's largest crude importer.Benchmark Brent crude futures jumped 1 perc......
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11.12.24 - 11:40
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Asia Fuel Oil-Spot benchmarks stabilise after recent slump (Reuters EN)
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Asia Fuel Oil-Spot benchmarks stabilise after recent slump SINGAPORE, Dec 11 (Reuters) - Asia's spot fuel oil benchmarks steadied on Wednesday after the market's recent downtrend, while overall trading momentum was largely thin. Spot premium for very low sulphur fuel oil (VLSFO) inched slightly higher on Wednesday, after slumping to near parity levels to cargo quotes a day ago....
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11.12.24 - 11:10
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Azerbaijan′s oil output fell by 4% in Jan-Nov, energy minister says (Reuters EN)
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UPDATE 1-Azerbaijan's oil output fell by 4% in Jan-Nov, energy minister says Consolidates new oil and gas data, adds comparative data BAKU, Dec 11 (Reuters) - Azerbaijan's oil output fell by 4.0% to 26.5 million tonnes in the first eleven months of 2024, down from 27.6 million tonnes a year earlier, Energy Minister Parviz Shahbazov said on Wednesday....
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11.12.24 - 10:55
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Druzhba oil flows Czech Republic normal, pipeline operator says (Reuters EN)
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Druzhba oil flows Czech Republic normal, pipeline operator says PRAGUE, Dec 11 (Reuters) - Russian crude oil flows through the Druzhba pipeline to the Czech Republic continued normally according to schedule on Wednesday, pipeline operator MERO said, after Ukrainian overnight strikes on an oil depot in Russia's Bryansk region. Reporting by Jan Lopat...
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11.12.24 - 10:45
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Preis für Opec-Öl etwas gefallen (DPA-AFX)
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WIEN (dpa-AFX) - Der Preis für Rohöl der Organisation erdölexportierender Länder (Opec) ist etwas gefallen. Wie das Opec-Sekretariat am Mittwoch in Wien mitteilte, betrug der Korbpreis am Dienstag 71,92 US-Dollar je Barrel (159 Liter). Das waren 4 Cent ......
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11.12.24 - 10:19
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Nigeria′s Rivers state pledges gunboats to navy in fight against oil theft (Reuters EN)
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Nigeria's Rivers state pledges gunboats to navy in fight against oil theft By Camillus Eboh PORT HARCOURT, Nigeria, Dec 11 (Reuters) - Nigeria's oil-rich Rivers state will provide six gunboats to the navy for patrols as part of efforts to help combat oil theft, which has plagued the region, its governor said on Wednesday. Rampant oil theft from pipelines and wells has crippled Nigeria's oil industry in recent years, damaging government finances and stifling exports....
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11.12.24 - 10:07
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Attack on Russian oil depot had no impact on oil transit to Europe, Ukrainian source says (Reuters EN)
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Attack on Russian oil depot had no impact on oil transit to Europe, Ukrainian source says KYIV, Dec 11 (Reuters) - A Ukrainian overnight attack on an oil depot in Russia's Bryansk region did not affect oil transit to Europe via Ukraine, a Ukrainian industry source said on Wednesday. Ukraine's military said on Wednesday the depot is a part of Druzhba oil export pipeline and that a "massive fire" broke out following the strike....
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