Page 54 - Dated Brent News Today

Indonesia sets April Minas crude at $62.67/b, down $1.39/b from March http://www.chemnet.com   May 06,2021 S&P Global 　　Indonesias Ministry of Energy and Mineral Resources set the price for Minas crude oil lifted in April at $62.67/b, down $1.39/b from the price for March cargoes, according to the monthly selling price notice seenby S&P Global Platts May 6. 　　With the Dated Brent benchmark averaging $64.70/b in April, Minas alpha -- or differential -- for the month is minus $2.03/b....

The U.S remains the largest producer of crude oil and is a significant exporter with volumes reaching 3.2 million barrels per day in 2020, according to the U.S Energy Information Administration (EIA). Since the lifting of the ban on U.S crude oil exports by the U.S in 2016, exports have surged six-fold from around 590,000 ...

Asia crude oil: Key market indicators this week Asia’s crude oil market entered the trading week starting May 3 on a cautious note as the easing of OPEC+ production cuts adds to supply while demand concerns remain high amid a resurgence of COVID-19 infections in several key Asian economies. July ICE Brent crude futures were pegged at $66.63/b at 0300 GMT May 3, down $1.10/b from the 0830 GMT Asian close on April 30. Middle East ** The week commences with eyes on the issuance of official selli...

Libya’s NOC cuts May Sharara crude OSP by 40 cents/b; Es Sider unchanged Libya’s National Oil Corporation reduced or kept unchanged its official selling prices for export crude grades in May from the previous month, the state producer said in an email to S&P Global Platts May 3. Five of the 12 crude grades the country exports will see a 5-40 cents/b fall month on month, it said. Libya’s light grades mostly saw changes on the month, with its main grade Es Sider seeing no change. Es Sider r...

Singapore — Asias crude oil market entered the trading week starting May 3 on a cautious note as the easing of OPEC+ production cuts adds to supply while demand concerns remain high amid a resurgence of COVID-19 infections in several key Asian economies. July ICE Brent crude futures were pegged at $66.63/b at 0300 GMT May 3, down $1.10/b from the 0830 GMT Asian close on April 30. Not registered? Middle East ** The week commences with eyes on the issuance of official selling prices by...

AT A GLANCE Since the lifting of the crude oil export ban in 2016, U.S. oil exports to Asia have gone from near zero to 45% of total exports Europe received 15% more crude from the U.S. in 2020, partly driven by the fall in production of key European crude grades The U.S remains the largest producer of crude oil and is a significant exporter with volumes reaching 3.2 million barrels per day in 2020, according to the U.S Energy Information Administration (EIA). Since the lifting of the ban on U....

Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Within the total volume produced, crude oil accounted for 905,000 b/d, a 13% drop, and the remainder natural gas liquids, the statistical release from the Department for Business, Energy & Industrial Strategy showed. The weak production numbers are expected to foreshadow steep reductions over the summer due to maintenance. The Forties pipeline is due for a major overhaul starting M...

Fuel for Thought: Uganda’s struggle to pump its first oil may be still far from over Uganda’s long-delayed maiden oil project took a vital step to becoming more than a pipe dream this month but risks still hang over hopes of new export flows from East Africa. France’s Total inked the final pipeline deals needed to unlock its multibillion-dollar Lake Albert oil discoveries, and first oil is now expected to flow by early 2025. The deal concludes more than a decade of wrangling over plans to...

S&P Global Inc. (SPGI) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. S&P Global Inc. (NYSE: SPGI) Q1 2021 Earnings Call Operator Good morning. Welcome to S&P Globals First Quarter 2021 Earnings Conference Call. Id like to inform you that this call is being recorded for broadcast. All participants are in a listen-only mode. We will open the conference to questions and answers after the presentation and ins...

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