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2020, April, 10, 12:15:00
OPEC+ CONVERSATION
Under the proposed deal, the 10 million b/d OPEC+ cuts would cover the months of May and June, and then be rolled back to 8 million b/d for the rest of 2020, and then down to 6 million b/d for all of 2021 through April 22,
2020, April, 10, 12:10:00
U.S.$ DOWN
Against the euro EUR=EBS, the dollar last stood at $1.0941, on course for 1.3% weekly decline.
2020, April, 10, 12:05:00
NOVATEK'S PRODUCTION UP BY 2.1%
In the first quarter 2020, NOVATEK’s hydrocarbon production totaled 150.2 million barrels of oil equivalent
2020, April, 10, 12:00:00
U.S. THERMONUCLEAR POWER: $32 MLN
“Fusion energy technology holds great potential to be a safe, clean, reliable energy source, but research and development of fusion technology is often constrained by prohibitive costs,” said Under Secretary of Energy Mark W. Menezes.
2020, April, 10, 11:55:00
U.S. RIGS DOWN 62 TO 602
U.S. Rig Count is down 62 rigs from last week to 602, Canada Rig Count is down 6 rigs from last week to 35
2020, April, 9, 13:45:00
EDF FINANCIAL TARGETS DOWN
EDF would lower its 2020 nuclear power production target of 375-390 TWh, but did not say by how much.
2020, April, 9, 12:05:00
OIL PRICE: NEAR $34
Brent rose by almost 2.6%, or 87 cents, to $33.71 a barrel, WTI were up 5%, or $1.27 cents, at $26.36 a barrel
2020, April, 9, 12:00:00
SAUDI ARABIA, RUSSIA, U.S. CONVERSATION
The United States has become the world’s largest producer but Trump’s administration has shown no appetite to mandate cuts.
2020, April, 9, 11:55:00
SAUDI ARABIA, RUSSIA, U.S. REDUCTION
Saudi Arabia and Russia, the two OPEC+ leaders, have insisted that they will only participate if the US also agrees to production cuts.
2020, April, 9, 11:50:00
OPEC+ SEEKS CUTS TO 15 MBD
The oil market has collapsed due to the coronavirus pandemic, as well as the inability of the OPEC+ alliance to agree on a production cut strategy at its last meeting March 5-6, when Russia rejected a Saudi-led proposal for deeper cuts.
