Analysis
2020, September, 7, 10:45:00
U.S. RIGS UP 2 TO 256
U.S. Rig Count is up 2 from last week to 256, Canada Rig Count is down 2 rigs from last week to 52
2020, September, 4, 12:30:00
OIL PRICE: NOT BELOW $44
Brent was up 5 cents, or 0.1%, to $44.12, WTI fell 3 cents to $41.34
2020, September, 4, 12:20:00
FOSSIL VS RENEWABLES SUBSIDIES
“What’s quite staggering here is that direct and indirect subsidies to fossil fuels are almost 20 times higher than to renewable energy,” said Michael Taylor, head of renewable cost status and outlook at Irena.
2020, September, 4, 12:05:00
U.S. INTERNATIONAL TRADE DEFICIT $63.6 BLN
The U.S. goods and services deficit was $63.6 billion in July
2020, September, 4, 12:00:00
BRITAIN'S NUCLEAR: CHEAPER
nuclear power is vital to achieving Net Zero by 2050, whilst creating jobs and economic opportunities across the UK.
2020, September, 3, 12:50:00
OIL PRICE: BELOW $44
Brent fell 79 cents, or 1.8%, to $43.64 a barrel, WTI were down 67 cents, or 1.6%, at $40.84 a barrel.
2020, September, 3, 12:45:00
U.S. OIL INVENTORIES DOWN BY 9.4 MB TO 498.4 MB
U.S. commercial crude oil inventories decreased by 9.4 million barrels to 498.4 million barrels,
2020, September, 3, 12:40:00
GAS MARKET UP
On Aug. 31, October natural-gas futures settled at $2.63 per million British thermal units, with front-month prices climbing by roughly 46% for the month to date.
2020, September, 3, 12:35:00
U.S. LNG WILL UP
LNG became “the worst-performing global energy commodity” during the pandemic, the Institute for Energy Economics and Financial Analysis (IEEFA) said on July 29.
2020, September, 3, 12:30:00
RUSSIA'S LNG UPDOWN
Liquefied gas throughput via all the Russian sea ports during January-July 2020 amounted to 19 mn tons (-0.9%).
2020, September, 3, 12:15:00
INDONESIA'S COAL PRICES DOWN ANEW
Indonesia had set the price for August at $50.34/mt, and for September 2019 at $65.79/mt.
2020, September, 2, 13:15:00
OIL PRICE: BELOW $46 YET
Brent was up 37 cents, or 0.8%, to $45.95 a barrel, WTI rose 34 cents, or 0.8%, to $43.10.
2020, September, 2, 12:50:00
UAE OIL PRODUCTION +103 TBD
That is 103,000 b/d above UAE quota of 2.590 million b/d, under the OPEC+ supply accord
2020, September, 2, 12:30:00
EUROPE'S CLIMATE DEPENDENCE
Shortages of elements used to make batteries and renewable energy equipment could also threaten Europes target of becoming climate neutral by 2050
