All publications by tag «OIL»
2020, March, 30, 10:10:00
OIL FUNDS ACCUMULATIONS $225 BLN
Sovereign wealth funds from oil-producing countries mainly in the Middle East and Africa are on course to dump up to $225 billion in equities,
2020, March, 30, 09:40:00
U.S. RIGS DOWN 44 TO 728
U.S. Rig Count is down 44 rigs from last week to 728, Canada Rig Count is down 44 rigs from last week to 54
2020, March, 27, 14:00:00
OIL PRICE: NEAR $26 AGAIN
Brent was down 40 cents, or 1.5%, at $25.94 a barrel, WTI was up 11 cents, or 0.5%, at $22.71.
2020, March, 27, 13:55:00
#OilPriceWar: RUSSIA UNCHANGED
Russia ramped up measures to combat the virus on Wednesday, with Russian President Vladimir Putin announcing that next week would be a paid non-working week throughout the country.
2020, March, 27, 13:45:00
U.S. PRIMARY ENERGY CONSUMPTION 100 QUADRILLION BTU
U.S. primary energy consumption totaled 100 quadrillion Btu, a 1% decrease from 2018. Natural gas consumption increased 3%, renewable energy consumption and nuclear electric power consumption each increased less than 1%, petroleum consumption decreased less than 1%, and coal consumption decreased 14%.
2020, March, 26, 11:45:00
OIL PRICE: NEAR $27 YET
Brent fell 64 cents, or 2.3%, to $26.75 a barrel, WTI fell 78 cents, or 3.2%, to $23.71 a barrel
2020, March, 26, 11:40:00
#OilPriceWar: U.S. NEED HELP
Some US shale producers have been pressuring the Trump administration to intervene in the price war, which broke out after Russia earlier this month declined to go along with an OPEC proposal for production cuts to prop up prices.
2020, March, 26, 11:35:00
#OilPriceWar: CHINA WINS
China is saving about $250mn a day after crude prices crashed this year amid dual demand and supply shocks.
2020, March, 25, 13:45:00
OIL PRICE: NEAR $27
Brent was trading up 65 cents, or 2.4%, at $27.80 a barrel, WTI rose to a high of $25.24 a barrel
2020, March, 24, 14:30:00
OIL PRICE: NEAR $28
Brent was up by $1.38 a barrel, or 5.1%, to $28.41, WTI gained $1.54, or 6.6%, to $24.90.