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Analysis

Analysis
2021, March, 24, 10:40:00
OIL PRICE: NEAR $61
Brent rose 8 cents, or 0.1%, to $60.87 a barrel. WTI rose 8 cents, or 0.1%, to $60.87 a barrel.
Analysis
2021, March, 24, 10:20:00
ASIAN INDEXES DOWN
Japan’s Nikkei stumbled 2% while South Korea’s KOSPI slipped 0.4%. Chinese shares were in the red for a second day with the blue-chip CSI300 index down 1.65%. Hong Kong’s Hang Seng skidded 2.2%.
Analysis
2021, March, 24, 10:05:00
RENEWABLES FOR NORWAY $11.7 BLN
The Norwegian solar company confirmed its previous target of having 4.5 GW of photovoltaic (PV) capacity at end-2021.
Analysis
2021, March, 23, 15:30:00
OIL PRICE: NEAR $62
Brent dropped by $2.20, or 3.4%, to $62.42 a barrel. WTI fell by $2.10, or %3.4, to $59.46 a barrel.
Analysis
2021, March, 23, 15:15:00
QATAR LNG FOR CHINA
Qatar Petroleum has entered into 10-year LNG Sale and Purchase Agreement (SPA) with Sinopec to supply 2 Mt/year of LNG to China.
Analysis
2021, March, 22, 09:20:00
OIL PRICE: NEAR $64
Brent was down 60 cents, or 0.9%, at $63.93 a barrel. WTI was off by 68 cents, or 1.1%, at $60.74 a barrel.
Analysis
2021, March, 22, 09:15:00
SAUDI ARAMCO NET INCOME $49 BLN
Aramco achieved a net income of $49 billion in 2020, one of the highest earnings of any public company globally.
Analysis
2021, March, 22, 09:10:00
SAUDI ARAMCO INVESTMENT DOWN TO $35 BLN
Aramco lowered its guidance for capital expenditure in 2021 to around $35 billion from a range of $40 billion to $45 billion previously
Analysis
2021, March, 22, 09:05:00
INDIA'S INDEXES DOWN
The blue-chip NSE Nifty 50 index fell 0.4% to 14,687 and the benchmark S&P BSE Sensex dropped 0.6% to 49,579.75
Analysis
2021, March, 22, 08:40:00
U.S. RIGS UP 9 TO 411
U.S. Rig Count is up 9 from last week at 411, Canada Rig Count is down 24 from last week to 92
Analysis
2021, March, 19, 13:15:59
OIL PRICE: ABOVE $64 AGAIN
Brent was up $1.01, or 1.6%, to $64.29 a barrel. WTI rose $1.02, or 1.7%, to $61.02 a barrel.
Analysis
2021, March, 19, 13:05:00
U.S. OIL INVENTORIES UP 2.4 MB TO 500.8 MB
U.S. commercial crude oil inventories increased by 2.4 million barrels to 500.8 million barrels.
Analysis
2021, March, 19, 13:00:00
U.S. OIL FOR INDIA UP ANEW
US crude imports by India stood at 12.69 million mt in 2020, up nearly 29% from a year earlier, helping the country move up to fifth position from sixth in 2019,
Analysis
2021, March, 19, 12:55:00
SAUDI'S OIL EXPORTS UP
Saudi Arabia exported 6.582 million b/d in January, according to JODI data released March 18, an increase of 87,000 b/d from December. It was the seventh straight month that shipments have risen since a historic low of 4.98 million b/d in June when stringent OPEC+ production cuts were in effect.
Analysis
2021, March, 19, 12:50:00
NORWAY'S OIL, GAS PRODUCTION 2.176 MBD
Preliminary production figures for January 2021 show an average daily production of 2 137 000 barrels of oil, NGL and condensate.