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Analysis

Analysis
2020, October, 22, 15:05:00
ASIA PACIFIC ECONOMY WILL UP BY 6.9%
The Asia and Pacific region is also starting to recover tentatively, but at multiple speeds. Economic activity is expected to contract by −2.2 percent in 2020, due to a sharper-than-expected downturn in key emerging markets, and to grow by 6.9 percent in 2021—0.6 percentage point lower and 0.3 percentage point higher, respectively,
Analysis
2020, October, 22, 15:00:00
CHINA SHARES DOWN
The blue-chip CSI300 index ended 0.3% lower at 4,777.98, while the Shanghai Composite Index shed 0.4% to 3,312.50.
Analysis
2020, October, 22, 14:35:00
AUSTRALIA'S SANTOS PRODUCTION: +22%
Third quarter production of 25.1 mmboe was a record for Santos and 22% higher than the prior quarter
Analysis
2020, October, 21, 17:10:00
OIL PRICE: ABOVE $42
Brent were at $42.44 a barrel, WTI slipped 73 cents, or 1.75%, to $40.97.
Analysis
2020, October, 21, 16:55:00
GREEN HYDROGEN FOR EUROPE
In May 2020, as Europe was waking up from the first lockdown in response to COVID-19, the European Union (EU) announced earmarking funding up to €30 billion to produce 1 million metric tons (t) of green hydrogen per year,
Analysis
2020, October, 21, 16:45:00
CHINA'S GAS DEMAND WILL TWICE
The goal of carbon-neutrality by 2060 will require China to kick its longstanding addiction to coal while building unprecedented amounts of intermittent wind and solar capacity.
Analysis
2020, October, 21, 16:40:00
EUROPEAN ECONOMY WILL DOWN BY 7%
The European economy is projected to contract by 7 percent in 2020 and rebound by 4.7 percent in 2021.
Analysis
2020, October, 21, 16:35:00
BAKER HUGHES NET LOSS $170 MLN
Baker Hughes Company (NYSE: BKR) ("Baker Hughes" or the "Company") announced results today for the third quarter of 2020.
Analysis
2020, October, 20, 15:45:00
OIL PRICE: NOT ABOVE $43 AGAIN
Brent were trading flat at $42.62 a barrel, WTI rose 5 cents, or 0.1%, to $40.88.
Analysis
2020, October, 20, 15:40:00
OPEC+ AGREEMENT 102%
The Committee reviewed the crude oil production data for the month of September 2020 and welcomed the positive performance in the overall conformity level for participating OPEC and non-OPEC Countries, at 102 per cent,
Analysis
2020, October, 20, 15:35:00
OPEC+ STABILIZE OIL MARKET
OPEC and 10 partners are set to ease their 7.7 million b/d collective production cuts by about a quarter to 5.8 million b/d at the start of 2021,
Analysis
2020, October, 20, 15:30:00
MIDDLE EAST: DOUBLE IMPACT
Real GDP for oil exporters including Saudi Arabia and Iran will shrink 6.6% this year,
Analysis
2020, October, 19, 14:50:00
OIL PRICE: NOT ABOVE $43 ANEW
Brent was down 30 cents, or 0.7%, to $42.63 a barrel, WTI was down 28 cents, or 0.7%, at $40.60.
Analysis
2020, October, 19, 14:45:00
GLOBAL OIL DEMAND PEAK: 2040
"We see oil demand peaking in around 2040 as a result of a slowing economy, together with less fuel demand for cars, aircraft and ships."
Analysis
2020, October, 19, 14:40:00
ЦЕНА URALS: $40,57909
Средняя цена на нефть Urals за период мониторинга с 15 сентября по 14 октября 2020 года составила $40,57909 за баррель, или $296,2 за тонну.