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Equinor sees Johan Sverdrup oil field output rising to 660,000 bpd by 2022
Output from Equinor ASA’s new Johan Sverdrup oil field in the North Sea will rise to 660,000 barrels per day (bpd) by 2022, from 440,000 bpd at the end of this year, a company executive said on Monday.
read more... 09/09/2019
Daily (06.09.2019): NBP spot soared by 7.7% on Thursday, on expectations for higher demand
Crude oil prices remained bullish on Thursday following a larger-than-expected fall in the U.S. crude stockpiles reported for last week. Meanwhile, slowing global economic growth and weaker hopes for an upcoming trade agreement between China and the U.S. tempered the rise. Brent crude advanced by 0.4% to $60.95 a barrel, while WTI futures edged 0.1% higher at $56.30 a barrel.
read more... 06/09/2019
Daily (04.09.2019): NBP spot fell by nearly 4% on Tuesday, weighed by low demand
Crude oil prices extended losses on Tuesday, as weaker manufacturing data in the U.S. and the eurozone reported for August worsened the crude demand outlook. Brent crude traded 0.7% down at $58.26 a barrel, while WTI futures dipped by 1.6% to $53.94 a barrel amid dragging U.S.-China trade talks.
read more... 04/09/2019
Daily (29.08.2019): NBP gas prices surged on Wednesday amid a bullish energy complex
Oil prices rose on Wednesday after data showing a strong decline in U.S. stockpiles softened worries about lower oil demand caused by the trade war between the U.S and China. Brent crude added 1.7% to close at $60.49 a barrel. WTI futures gained 1.6% to settle at $55.78 a barrel.
read more... 29/08/2019
BP to exit Alaska with $5.6bn sale to Hilcorp Energy
BP has agreed to sell its entire business in Alaska to Hilcorp Energy in a deal worth $5.6 billion (£4.6bn), exiting a state where it operated for six decades.
read more... 28/08/2019