Analysis
2020, November, 6, 12:50:00
OIL PRICE: ABOVE $40 AGAIN
Brent was 48 cent, or 1.2%, lower at $40.45. WTI were down 52 cents, or 1.3%, at $38.27 a barrel.
2020, November, 6, 12:45:00
U.S. OIL INVENTORIES DOWN BY 8.0 MB TO 484.4 MB
U.S. commercial crude oil inventories decreased by 8.0 million barrels to 484.4 million barrels
2020, November, 6, 12:40:00
IRAQ OIL PRODUCTION UP
Iraq pumped 3.842 million b/d in October, above September's 3.60 million b/d and its quota of 3.804 million b/d,
2020, November, 6, 12:15:00
U.S. FEDERAL FUNDS RATE 0.0 - 0.25% ANEW
The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent
2020, November, 5, 12:55:00
OIL PRICE: ABOVE $40 ANEW
Brent Brent crude futures fell 64 cents, or 1.55%, to $40.59 a barrel, WTI were down 60 cents, or 1.53%, to $38.55 a barrel .
2020, November, 5, 12:45:00
OPEC OIL REVENUES WILL DOWN
OPEC earned an estimated $595 billion in net oil export revenues in 2019, a decrease of 17% compared with the estimated 2018 net export revenue and less than half the estimated record high of almost $1.2 trillion earned in 2012.
2020, November, 5, 12:40:00
CHINA'S SHARES UP
Chinese blue chips gained 1.3%, aided by talk a Biden White House might ease back on trade war tariffs.
2020, November, 5, 12:35:00
EUROPEAN STOCKS UP
the pan-European STOXX 600 index rose 1.0% to hit its highest level since Oct. 20,
2020, November, 5, 12:30:00
INDIA'S LPG IMPORTS UP
The rise in imports came despite India's LPG consumption edging down 0.26% on month to 2.267 million mt in September after several consecutive months of increase, although it was up 4.8% year on year, the PPAC data showed.
2020, November, 5, 12:25:00
U.S. INTERNATIONAL TRADE DEFICIT DOWN
the U.S. goods and services deficit was $63.9 billion in September, down $3.2 billion from $67.0 billion in August,
2020, November, 5, 12:05:00
U.S. LNG STOP $7 BLN
NextDecade is currently developing the 27 Mt/year LNG export project, which is facing opposition over environmental concerns.
2020, November, 3, 13:25:00
OIL PRICE: ABOVE $40
Brent rose 70 cents, or 1.8% to $39.67 a barrel, WTIwere up 78 cents, or 2.1%, to $37.59 a barrel.
2020, November, 3, 13:15:00
U.S. LNG DEMAND UP
Total US feedgas deliveries stood at 9.85 Bcf/d on Nov. 2, down from 10.02 Bcf/d the day before and 10.37 Bcf/d on Oct. 31
2020, November, 3, 13:10:00
EUROPEAN SHARES UP
The pan-European STOXX 600 index .STOXX rose 1.3% on a second day of robust gains
2020, November, 3, 12:55:00
CHINA'S REFINERY INVESTMENT $20 BLN
China has a refining capacity of 13.1 mb/d, i.e. 2.5 times as high as in 2000 (5.4 mb/d).
