Analysis
2020, September, 7, 11:25:00
CHINA'S SHARES DOWN
At the close, the Shanghai Composite index was down 1.87% at 3,292.59, the lowest closing level for the index since July 30
2020, September, 7, 11:20:00
U.S. EMPLOYMENT UP BY 1.4 MLN
U.S. total nonfarm payroll employment rose by 1.4 million in August
2020, September, 7, 11:05:00
VOLATILITY OF RENEWABLES
Some renewable systems, such as solar and wind, are inherently intermittent.
2020, September, 7, 11:00:00
HYDROGEN FOR ENERGY TRANSITION
Today we do not yet have a Hydrogen infrastructure, market and price competitiveness, or overarching policies to build into a movement that shifts the energy needle.
2020, September, 7, 10:55:00
NUCLEAR FOR ENERGY TRANSITION
Nuclear power, hydro, wind and solar are some of clean energy sources.
2020, September, 7, 10:50:00
WORLDWIDE RIG COUNT UP 20 TO 1,050
The worldwide rig count for August 2020 was 1,050, up 20 from the 1,030 counted in July 2020
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.
