Page 61 - Dated Brent News Today

Press release content from Accesswire. The AP news staff was not involved in its creation. Jadestone Energy Inc. Announces Trading and Business Update February 1, 2021 GMT SINGAPORE, SINGAPORE / ACCESSWIRE / February 1, 2021 / Jadestone Energy Inc. (AIM:JSE) (“Jadestone”, or the “Company”), an independent oil and gas production company focused on the Asia Pacific region, is pleased to provide a trading and business update for the year ended December 31, 2020. Paul Blakeley, President an...

Jadestone Energy announces trading and business update 01 Feb 2021 Jadestone Energy, an independent oil and gas production company focused on the Asia Pacific region, has provided a trading and business update for the year ended December 31, 2020. Paul Blakeley, President and CEO commented: Early in 2020, we responded to the combined impact of a drop in benchmark oil prices and the challenges posed by the COVID-19 pandemic.  Our primary focus was to preserve our balance sheet in the face of en...

S&P Global Platts Analytics cuts 2021 oil demand forecast, raises price outlook Global oil demand will rebound by more than 6 million b/d in 2021 and return to 2019 levels a year later despite the sharp acceleration in COVID-19 infections and new lockdowns which have hit energy consumption from the end of last year, according to S&P Global Platts Analytics. Oil demand is expected to average 99.3 million b/d this year following a contraction of 8.8 million b/d to 93.1 million b/d in 2020, Platts...

Ben Romney / Kelsey Traynor / James Husband Forward Looking Statements This document includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this document that address activities, events, plans, expectations, objectives or developments that VAALCO expects, believes or anticipates will or may o...

Gabon: VAALCO enters into crude oil derivative contracts 28 Jan 2021 VAALCO Energy has entered into crude oil commodity swap agreements for a total of 709,262 barrels at a Dated Brent weighted average price of $53.10 per barrel for the period from and including February 2021 through January 2022.  These swaps will settle on a monthly basis.  The Company is hedging a portion of its production volumes, excluding volumes attributable to acquiring Sasol’s interest in the Etame field, to protec...

Asia crude – Key market indicators this week The Asian crude oil market was trading lower at the start of the week ending Jan. 30, as rising coronavirus cases in the Asia-Pacific region and in Europe weighed on demand outlook. March ICE Brent crude futures was pegged at $55.25/b at 0300 GMT Jan. 25, down 7 cents/b from the Asian close Jan. 22. Middle East crude **Trade activity for March-loading cargoes is likely to ease in the week of Jan. 25, as the month draws to a close and purchases by A...

Urals oil price above $55/bbl first time since February This happened on the back of expected contraction in Russian and Saudi oil deliveries, S&P Global Platts told TASS © Alexei Andronov/TASS MOSCOW, January 26. /TASS/. The price of the Russian oil export blend Urals in Europe is above $55 a barrel for the first time since last February on the back of expected contraction in Russian and Saudi oil deliveries, S&P Global Platts told TASS. Urals oil prices were above $50 per barrel in mid-Dec...

Photo: CGP Grey At the end of 2020, oil markets perked up fuelled by the news on vaccine approvals, but this month, their optimism has faltered due to the persistent spread of the virus. Nonetheless, most analysts consider that demand for crude will recover in the second half of the year. Despite COVID-19’s recent resurgence in several countries, analysts expect a recovery in oil demand and prices this year, says S&P Global Platts adding that oil markets are watching a tug of war betw...

Real Oil Prices Firm on Asia Buying Amid China Virus Surge Bloomberg 1/22/2021 Sharon Cho © Bloomberg A worker walks along a jetty as a ship sits docked at the Vadinar Refinery complex operated by Nayara Energy Ltd., formerly known as Essar Oil Ltd. and now jointly owned by Rosneft Oil Co. and Trafigura Group Pte., near Vadinar, Gujarat, India, on Wednesday, April 25, 2018. The refinery was the crown jewel in a blockbuster $13 billion acquisition that, at the time, represen...

Northeast Asian utilities expand search for power generation oil amid LNG supply crunch Northeast Asian utilities are set to extend their search for more power generation oil amid tight natural gas and LNG supply, as South Korean power companies issue multiple tenders to secure fuel oil, while Japanese electricity providers continue to search for any available direct-burning crude oil in the region. The low availability of spot LNG export cargoes in Malaysia and Indonesia, coupled with Panama C...