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2020, March, 26, 11:20:00
IMF: GLOBAL GROWTH IS NEGATIVE
“First, the outlook for global growth: for 2020 it is negative—a recession at least as bad as during the global financial crisis or worse. But we expect recovery in 2021. To get there, it is paramount to prioritize containment and strengthen health systems—everywhere. The economic impact is and will be severe, but the faster the virus stops, the quicker and stronger the recovery will be.
2020, March, 26, 11:15:00
MUBADALA, OMV AGREEMENT $4.68 BLN
Brent was trading up 65 cents, or 2.4%, at $27.80 a barrel, WTI rose to a high of $25.24 a barrel
2020, March, 25, 13:45:00
OIL PRICE: NEAR $27
Brent was trading up 65 cents, or 2.4%, at $27.80 a barrel, WTI rose to a high of $25.24 a barrel
2020, March, 25, 13:35:00
EUROPEAN SHARES UP ANEW
The pan-European STOXX 600 index was up 4.2%, with energy .SXEP, autos .SXAP, insurers .SXIP and financials .SXFP jumping between 5.4% and 6.7%.
2020, March, 25, 13:30:00
EUROPE'S GAS STORAGE FULL
European gas stock levels for both January and February 2020 were the highest ever recorded for those months.
2020, March, 25, 13:25:00
NORD STREAM 2 HIT FOR POLAND
Significant volumes of Russian gas currently are transited to Germany via Poland, which are a key revenue generator for the country.
2020, March, 25, 13:20:00
RUSSIA'S HYDROGEN FOR JAPAN
State-owned oil and gas major Gazprom announced on February 20 it is looking to produce hydrogen from natural gas.
2020, March, 25, 13:15:00
CNOOC NET PROFIT UP 16%
CNOOC total net profit rising significantly to RMB61.05 billion, an increase of 15.9% YoY, despite more than 10% drop in international oil prices.
2020, March, 25, 13:10:00
AUSTRALIA'S SANTOS RATING 'BBB-'
Santos notes the announcement from S&P Global Ratings (S&P) reaffirming Santos’ BBB- credit rating with stable outlook.