Energy Update

You are here

** Oil stocks among top gainers in Europe as Brent prices edge away from multi-year lows on Tuesday on winter demand hopes

MOSCOW, Dec 22 (Reuters) - Russia's oil production may start declining in 2017 if a tough taxation policy continues, Energy Minister Alexander Novak said in interview to Kommersant news daily published on Tuesday.

* March 2016 WTI flips to premium over Brent (Updates prices)

Dec 21 (Reuters) - U.S. authorities have traced over $1 billion to a conspiracy involving a Venezuelan magnate who allegedly paid bribes to obtain contracts from Venezuelan state oil company PDVSA, according to U.S. court papers made public on Monday.

(Tue, 22 Dec 2015) The report provides information, illustrations, and State-level statistical data on energy-use sales of kerosene, distillate fuel oil, and residual fuel oil.

SYDNEY, Dec 22 (Reuters) - Australia slashed its price forecast for the country's No.

* Adani Must still demonstrate financial closure (Adds comment from Adani, state government)

* Buildings engulfed by mudslide in southern boomtown on Sunday

SYDNEY, Dec 22 (Reuters) - Australia has cut its 2016 iron ore price forecast to $40.40 a tonne from $50 previously, citing rising supplies as global steel production contracts. "Increasing supply from Australia and Brazil is forecast to drive seaborne iron ore spot prices down in 2015 and 2016," Australia's Department of Industry, Innovation and Science said. (Reporting by James Regan; Editing by Ed Davies)

* Analysts see Brent premium over WTI flipping into discount (Adds comment, Brent/WTI spreads, graphic)

Pages

GET IN TOUCH

  • 1875 I Street NW, International Square, 
       Washington, District Of Columbia, 20006
  • Phone: +1 (888) 317-3839
  • Email: info@mglllc.com

About

Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.