Tuesday April 24, 2018 17:51

OILPRICE Press Releases

IMF Staff Concludes 2018 Article IV Visit to Oman Stcoks—20 Apr 18

- Oman is responding to lower oil prices by bolstering its fiscal position, boosting private sector-led growth and job creation, and fostering economic diversification. - Timely implementation of VAT and excises and measures to curtail spending is of the

IMF Executive Board Concludes 2018 Article IV Consultation with Nigeria Stcoks—08 Mar 18

On March 5, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Nigeria. The Nigerian economy is exiting recession but remains vulnerable. New foreign exchange measures, rising oil prices,

Thai listed firms# 2017 earnings up 9 pct to nearly THB 1 trillion Stcoks—07 Mar 18

- Economic expansion, higher oil prices, recovering exports and tourism support positive net profits Companies listed on The Stock Exchange of Thailand (SET) and Market for Alternative Investment (mai) reported a combined net profit of THB 990 billion

PTTEPs net profit jumps 60% from recovered oil prices and effective operation and cost management Energy—26 Jan 18

- Focus on investment expansion and increasing petroleum reserves with strong cash on hand of USD 4,468 million PTT Exploration and Production Public Company Limited (PTTEP) reported 2017's net profit at USD 594 million (equivalent to THB 20,579

CEIS ร่วมกับเทศมณฑลฉางซานเปิดตัวดัชนีราคาน้ำมันเมล็ดชาซินหัว-ฉางซาน ทั่วไป—12 Jan 18

เมื่อวันที่ 6 มกราคมที่ผ่านมา China Economic Information Service (CEIS) ในเครือสำนักข่าวซินหัว ได้เปิดตัวดัชนีราคาน้ำมันเมล็ดชาซินหัว-ฉางซาน (Xinhua-Changshan Camellia Oil Price Index) ซึ่งทางบริษัทได้รวบรวมจัดทำขึ้นร่วมกับรัฐบาลของเทศมณฑลฉางซาน

Xinhua-Changshan Camellia Oil Price Index Officially Launched General—12 Jan 18

The Xinhua-Changshan camellia oil price index, jointly compiled by China Economic Information Service (CEIS) under Xinhua News Agency and the government of Changshan County in Zhejiang Province, was launched on January 6. "The Xinhua-Changshan camellia

Russian Economy Returns to Modest Growth in 2017, says World Bank Stcoks—30 Nov 17

MOSCOW, November 29, 2017 – The Russian economy has returned to modest growth – amidst positive global growth, a recovery in trade, rising oil prices, and growing macroeconomic stability – according to the World Bank's latest Russia

PTT Group Petroleum Refining Industry Club, F.T.I. forecast crude oil price in Energy—31 Oct 17

Petrochemicals and Refining Integrated Synergy Management (PRISM) and The Federation of Thai Industries (F.T.I.) forecast that Dubai crude oil price in 2018 will be average between $52-57 per barrel with the focused factors of politic, western &

Commodity prices likely to rise further in 2018: World Bank Stcoks—27 Oct 17

WASHINGTON, October 26 - Oil prices are forecast to rise to $56 a barrel in 2018 from $53 this year as a result of steadily growing demand, agreed production cuts among oil exporters and stabilizing U.S. shale oil production, while the surge in metals

IMF Executive Board Concludes 2017 Article IV Consultation with Iraq Stcoks—10 Aug 17

On August 1, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the 2017 Article IV consultation with Iraq.1 Iraq is facing a double shock arising from the conflict with ISIS and the plunge in oil prices. In 2016, real GDP

IMF Executive Board Completes Review of Colombia#s Performance under the Flexible Credit Line Stcoks—07 Jun 17

- IMF Board reaffirms Colombia's continued qualification to access US$ 11.35 bln Flexible Credit Line - Colombia is adapting smoothly to the oil price shock, but country continues to face elevated global and regional risks - The FCL will help

Russia is emerging from recession, but the structural constraints risk impeding its mid-term Stcoks—06 Jun 17

The diversification of the Russian economy, made necessary by a slump in oil prices that is set to last, is coming up against structural constraints that may well have a deleterious effect on its mid-term growth. Certain sectors (agrifood, chemicals,

IMF Executive Board Concludes 2017 Article IV Consultation with Algeria Stcoks—02 Jun 17

On May 26, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the 2017 Article IV consultation [1] with Algeria. Algeria continues to face important challenges posed by lower oil prices. Overall economic activity was resilient,

Kazakhstans Economy Has Bottomed Out, Now Searching for New Sources of Stcoks—18 May 17

ASTANA, May 17, 2017 – Kazakhstan's economic growth is projected to accelerate in 2017, owing to higher oil prices and oil production, says the World Bank's latest Kazakhstan Economic Update. According to the special topic of the report, dedicated

Growth Accelerates in Europe and Central Asia as World Bank Calls for More Trade Benefitting More Stcoks—12 May 17

Tbilisi, 11 May, 2017 – Economic growth in Europe and Central Asia (ECA) will accelerate slightly in 2017, following the stabilization of oil prices, benefitting the eastern half of the region, and a continued recovery in the western half of the

PTTEP records net profit of USD 349 million in Q1/2017 as oil prices Stcoks—28 Apr 17

Increased total revenue from average selling price that rose in line with global crude oil price recovery Continue to deliver strong cost performance with unit cost lowered to USD 27.54 per BOE Accelerating development projects to boost future sales

Industrial Commodity Prices to Rise in 2017: World Bank Stcoks—27 Apr 17

WASHINGTON, April 26, 2017— The World Bank is forecasting higher prices for industrial commodities, principally energy and metals, in 2017 and next year. The World Bank in its April Commodity Markets Outlook is holding steady its crude oil price

Sustaining Reforms Key for Economic Recovery in the Middle East and North Stcoks—18 Apr 17

RABAT - April 17th, 2017 - Plagued by war, violence, and low oil prices, economies in the Middle East and North Africa (MENA) region will see growth of 2.6 percent in 2017, down from 3.5 percent in 2016, according to the World Bank's semi-annual MENA

IMF Executive Board Concludes 2017 Article IV Consultation with Nigeria Stcoks—31 Mar 17

On March 29, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Nigeria. With oil receipts dominating fiscal revenue and exports, the Nigerian economy has been hit hard by low oil prices and

PTTEP records net profit of USD 372 million in 2016 With cash on hand of USD 4 billion, ready to Stcoks—27 Jan 17

Delivered target sales volume of 319,521 BOED and successfully sustained its production level Performed with resilience amidst the oil price crisis through strong financial discipline Proposed dividend payment at 3.25 per share PTT Exploration and

IMF Executive Board Concludes 2016 Article IV Consultation with Angola Stcoks—25 Jan 17

On January 23, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Angola. The oil price shock that started in mid-2014 has substantially reduced fiscal revenue and exports. Growth was

New US$1.485 Billion Package to Support Iraqs Drive to Counter Cost of War, Low Oil Stcoks—21 Dec 16

WASHINGTON, December 20, 2016- The World Bank Group has endorsed a new US$1.485 billion package to support reforms to improve public service delivery and transparency, stimulate private sector growth and support job creation. Iraq continues to face a

Consolidated Energy Limited Outlook Revised To Negative On Weakening Credit #BB# Credit Rating Stcoks—18 Nov 16

We expect methanol prices for the rest of the year to remain weaker than in 2015 as a result of the decline in crude oil prices and to gradually recover afterwards, but pressure on CEL's EBITDA could persist. We're revising the outlook on

Russian Economy Inches Forward, says World Bank Stcoks—10 Nov 16

MOSCOW, November 9, 2016 —Russia continued its adjustment to lower oil prices in 2016, in an environment of economic sanctions. A sustained fall in real incomes kept domestic demand depressed, and the unfavorable external conditions repeatedly

Caribbean Leaders and IMF Discuss Challenges and Opportunities of Shifting Global Economic Stcoks—03 Nov 16

- Low but stable oil prices, subdued recovery in advanced economies, and low interest rates levels influencing the region's economic outlook - Impact of Cuba's further opening up in the tourism industry likely to be manageable over the long run -