Analysis
2020, December, 28, 10:50:00
CHINA WILL OVERTAKE THE U.S.
China looked set for average economic growth of 5.7% a year from 2021-25 before slowing to 4.5% a year from 2026-30.
2020, December, 28, 10:45:00
CHINA STOCKS UP ANEW
The CSI300 index rose 0.7% to 5,078.60 by the end of the morning session, while the Shanghai Composite Index gained 0.3% to 3,406.69.
2020, December, 25, 10:45:00
OIL PRICE: ABOVE $51
Brent settled 9 cents higher at $51.29. WTI settled up 11 cents to $48.23 a barrel.
2020, December, 25, 10:40:00
OPEC+ RISSIA OIL PRICE: $45 - $55
In comments, cleared for publication on Friday, Novak also said that Moscow views an oil price between $45 and $55 per barrel as the optimum level to allow for recovery of its oil production,
2020, December, 25, 10:35:00
CHINA OIL GAS PRODUCTION WILL UP
China natural gas production should increase by 7% to 186 bcm in 2020.
2020, December, 25, 10:30:00
ASIA'S COAL PRICES UP
The price of thermal coal, used to generate electricity in power stations, has surged in the past two months as key consumers in China, India, South Korea and Japan rushed for supplies.
2020, December, 24, 13:45:00
OIL PRICE: NEAR $51
Brent rose 17 cents, or 0.3%, to $51.37 a barrel. WTI increased 10 cents, or 0.2%, to $48.22.
2020, December, 24, 13:35:00
U.S. OIL INVENTORIES DOWN 0.6 MB TO 499.5 MB
U.S. commercial crude oil inventories decreased by 0.6 million barrels to 499.5 million barrels.
2020, December, 24, 13:30:00
SPAIN RENEWABLE ENERGY 109.3 GWH
By the December cut-off date, Spanish plants generated 109,269 GWh of renewable power, up by 11.6% year-on-year, owing mostly to favourable weather conditions and an increase in the total installed renewable energy capacity.
2020, December, 24, 13:10:00
U.S. RIGS UP 2 TO 348
U.S. Rig Count is up 2 from last week to 348, Canada Rig Count is down 20 from last week to 82
2020, December, 23, 13:30:00
OIL PRICE: NEAR $50
Brent were down 38 cents, or 0.8%, to $49.70 a barrel . WTI fell 40 cents, or 0.9%, to $46.62 a barrel.
2020, December, 23, 13:15:00
RUSSIA'S INVESTMENT TO IRAN
Iranian Oil Minister Bijan Namdar Zanganeh said his country welcomes the Russian companies’ investment making in its oil sector
2020, December, 23, 13:10:00
WORST U.S. SHALE
Shale producers were hit hard after borrowing to expand production and slashed spending and output to cut losses.
2020, December, 23, 13:05:00
U.S. LNG UP
Natural gas futures in Europe and Asia have climbed to their highest levels in more than a year due to a sharp increase in demand late in 2020,
