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Analysis

Analysis
2020, December, 16, 12:25:00
ASIA STOCKS UP
China’s blue-chip CSI 300 index added 0.15% and Hong Kong’s Hang Seng index climbed 0.86%.
Analysis
2020, December, 16, 12:20:00
U.S. INDUSTRIAL PRODUCTION INCREASED
U.S. industrial production increased 0.4 percent in November.
Analysis
2020, December, 15, 14:25:00
OIL PRICE: NOT BELOW $50
Brent fell 2 cents to $50.27 a barrel . WTI was up 2 cents at $47.01.
Analysis
2020, December, 15, 14:20:00
GLOBAL OIL DEMAND DOWN 9.77 MBD
World oil demand for 2020 is expected to decline by 9.77 mb/d,
Analysis
2020, December, 15, 14:15:00
GLOBAL ELECTRICITY DEMAND UPDOWN
Global electricity demand in 2020 is projected to fall by around 2%. With the recovery of the global economy in 2021, global electricity demand is expected to grow by around 3%.
Analysis
2020, December, 15, 14:10:00
U.S. PRODUCTION: OIL (-137) TBD, GAS (-744) MCFD
Crude oil production from the major US onshore regions is forecast to decrease 137,000 b/d month-over-month in December from 7,575 to 7,438 thousand barrels/day, gas production to decrease 744 million cubic feet/day from 81,521 to 80,777 million cubic feet/day .
Analysis
2020, December, 14, 13:00:00
OIL PRICE: ABOVE $50 YET
Brent rose 67 cents, or 1.3%, to $50.64 a barrel . WTI were up 62 cents, or 1.3%, at $47.19 a barrel.
Analysis
2020, December, 14, 12:45:00
INDIA'S FUEL DEMAND UP
Consumption of refined fuels, a proxy for oil demand, in November rose 0.4% from the previous month to 17.83 million tonnes
Analysis
2020, December, 14, 12:40:00
CHINA STOCKS UP
The blue-chip CSI300 index rose 0.9% to 4,934.84, while the Shanghai Composite Index added 0.7% to 3,369.12.
Analysis
2020, December, 14, 12:15:00
U.S. RIGS UP 15 TO 338
U.S. Rig Count is up 15 from last week to 338 , Canada Rig Count is up 9 from last week to 111
Analysis
2020, December, 11, 11:15:00
OIL PRICE: ABOVE $50
Brent was up 11 cents or 0.2% at $50.36 a barrel. WTI was up 11 cents or 0.2% at $50.36 a barrel.
Analysis
2020, December, 11, 11:05:00
THIN OIL MARKET
At the Open of todays European Session, the BRENT was trading at 49.00 price average shrugging off the build and shifting more focus towards the demand and recovery.
Analysis
2020, December, 11, 11:00:00
JAPAN STOCKS DOWN
MSCI’s ex-Japan Asia-Pacific index firmed 0.3%, on track for its sixth straight week of gains, while Japan’s Nikkei eased 0.4%.
Analysis
2020, December, 10, 12:15:00
OIL PRICE: NEAR $49 YET
Brent climbed 12 cents, or 0.3%, to $48.98 a barrel. WTIrose 14 cents, or 0.3%, to $45.66 a barrel .
Analysis
2020, December, 10, 12:10:00
U.S. OIL INVENTORIES UP 15.2 MB TO 503.2 MB
U.S. commercial crude oil inventories increased by 15.2 million barrels to 503.2 million barrels