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2020, January, 27, 14:15:00
KUWAIT GDP GROWTH 1.5%
Kuwait GDP growth to about 0.7 percent in 2019 from 1.2 percent in 2018.
2020, January, 27, 14:10:00
U.S. RIGS DOWN 2 TO 794
U.S. Rig Count is down 2 rigs from last week to 794, Canada Rig Count is unchanged from last week at 244
2020, January, 24, 13:45:00
OIL PRICE:NEAR $62
Brent were up 31 cents, or 0.5%, at $62.35 a barrel, WTI were up 27 cents, or 0.5% higher at $55.86 a barrel.
2020, January, 24, 13:40:00
GLOBAL OIL DEMAND 2020: 100.98 MBD
For 2020, oil demand growth is revised up by 0.14 mb/d from the previous month’s assessment and is forecast at 1.22 mb/d, mainly reflecting an improved economic outlook for 2020. As a result, total world oil demand is projected to rise from 99.77 mb/d in 2019 to 100.98 mb/d in 2020.
2020, January, 24, 13:35:00
U.S. OIL EXPORTS 9 MBD
U.S. petroleum exports hit a new all-time high of 9.0 million barrels per day (mb/d) in the final month of 2019
2020, January, 24, 13:30:00
U.S., CANADA BANKRUPTCIES UP 50%
U.S. and Canadian oil and natural gas exploration and production company bankruptcies totaled 42 in 2019, up from 28 in 2018,
2020, January, 24, 13:25:00
U.S. OIL PRODUCTION SLOWING
U.S. crude oil production will average 13.3 million barrels per day (b/d) in 2020, a 9% increase from 2019 production levels, and 13.7 million b/d in 2021, a 3% increase from 2020.
2020, January, 24, 13:20:00
U.S. GAS EXPORTS UP TWICE
The U.S. Energy Information Administration (EIA) forecasts that U.S. natural gas exports will exceed natural gas imports by an average 7.3 billion cubic feet per day (Bcf/d) in 2020 (2.0 Bcf/d higher than in 2019) and 8.9 Bcf/d in 2021. Growth in U.S. net exports is led primarily by increases in liquefied natural gas (LNG) exports and pipeline exports to Mexico. Net natural gas exports more than doubled in 2019, compared with 2018, and EIA expects that they will almost double again by 2021 from 2019 levels.
2020, January, 24, 13:15:00
OIL, GAS ENERGY TRANSITION
The oil and gas industry now needs to make clear what clean energy transitions mean for it – and what it can do to accelerate clean energy transitions.
2020, January, 24, 13:10:00
GLOBAL RENEWABLE ELECTRICITY UP 20%
global electric power generation from renewable sources will increase more than 20% throughout the projection period (2018–2050), providing almost half of the world’s electricity generation in 2050. In that same period, global coal-fired generation will decrease 13%, representing only 22% of the generation mix in 2050.