Analysis
2020, November, 20, 13:40:00
OIL PRICE: NOT BELOW $44
Brent were up 2 cents, or 0.05% at $44.22 a barrel . WTI dipped 4 cents to $41.86 a barrel.
2020, November, 20, 13:30:00
SAUDI ARABIA, RUSSIA OIL FOR CHINA
Saudi Arabia was catching up with Russia which has exported about 1.7 million bpd of oil to China so far in 2020, with Iraq at a third place with about 1.2 million bpd.
2020, November, 20, 13:20:00
EUROPEAN SHARES UP AGAIN
The pan-European STOXX 600 index rose 0.2% , on track for marginal weekly gains after signs of progress on COVID-19 vaccine pushed the index to February highs earlier this week.
2020, November, 20, 13:15:00
AUSTRALIA'S LNG FOR CHINA DOWN
Australian gas exporters argue that their projects are not contingent on Chinese buyers in a growing Asian market.
2020, November, 19, 14:35:00
OIL PRICE: NEAR $44 AGAIN
Brent were down 27 cents to $44.07 a barrel . WTI slipped 43 cents to $41.39 a barrel.
2020, November, 19, 14:25:00
U.S. OIL INVENTORIES UP 0.8 MB TO 489.5 MB
U.S. commercial crude oil inventories increased by 0.8 million barrels to 489.5 million barrels
2020, November, 19, 14:15:00
EUROPEAN SHARES DOWN
The pan-European STOXX 600 was down 0.9% in morning session, with growth-sensitive oil and gas, banking, mining and travel sectors falling the most.
2020, November, 18, 14:40:00
OIL PRICE: NEAR $44 ANEW
Brent rose 22 cents, or 0.5%, to $43.97 a barrel . WTI climbed 6 cents, or 0.1%, to $41.49 a barrel.
2020, November, 18, 14:30:00
U.S. OIL PRODUCTION WILL BE 10.6 MBD
By August production of crude oil had risen to 10.6 million b/d in the United States,
2020, November, 18, 14:25:00
UAE OIL PRODUCTION 2.4 MBD
The UAE produced 2.4 million b/d in October, according to secondary sources quoted in OPEC's November monthly oil report. The UAE's quota is 2.59 million b/d.
2020, November, 18, 14:20:00
U.S., S. KOREA OIL IMPORTS DOWN
South Korean refiners have sharply increased intakes of Middle East crude since May as they started to reduce imports of US grades due to expensive WTI compared with Dubai-linked Persian Gulf grades.
2020, November, 18, 14:10:00
U.S. INDUSTRIAL PRODUCTION UP
Industrial production rose 1.1 percent in October.
2020, November, 17, 13:25:00
OIL PRICE: NEAR $44
Brent rose 18 cents, or 0.4%, to $44.00 a barrel. WTI added 8 cents, or 0.2%, to $41.42 a barrel.
2020, November, 17, 13:20:00
OPEC+ CUTS PRODUCTION
OPEC+ ministers are weighing whether to relax their current 7.7 million b/d in collective production cuts to 5.8 million b/d as originally scheduled, maintain them at the same level for a few months, or even deepen them.
2020, November, 17, 13:10:00
CHINA GAS PRODUCTION UP
The natural gas produced in October was 11.6% higher from September and up 11.9% from a year ago, data released Nov. 16 by the National Bureau of Statistics showed.
