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2020, July, 16, 16:25:00
OIL PRICE: NOT ABOVE $44
Brent fell 29 cents, or 0.66%, to $43.50 a barrel, WTI was down 43 cents, or 1%, to $40.77 per barrel.
2020, July, 16, 16:20:00
U.S. OIL INVENTORIES DOWN BY 7.5 MB TO 531.7 MB
U.S. commercial crude oildecreased by 7.5 million barrels from the previous week to 531.7 million barrels
2020, July, 16, 16:15:00
CHINA'S OIL THROUGHPUT UP 9%
China's previous record high was 13.84 million b/d in December 2019.
2020, July, 16, 16:10:00
U.S. OIL WRITE DOWNS
40 U.S. oil producers collectively wrote down $48 billion worth of assets in the first quarter of 2020.
2020, July, 16, 16:05:00
NORD STREAM 2: THE NEW SANCTIONS
The changes to the CAATSA guidance is the latest move by the US to put pressure on companies involved in building both Nord Stream 2 and the TurkStream extension in Bulgaria and Serbia into Hungary.
2020, July, 16, 16:00:00
CHINA'S GDP UP FASTER
China's GDP will return to pre-coronavirus levels by the end of the year, faster than any other major economy.
2020, July, 16, 15:55:00
U.S. INDUSTRIAL PRODUCTION UP 5.4%
U.S. Total industrial production rose 5.4 percent in June after increasing 1.4 percent in May
2020, July, 16, 15:45:00
AUSTRALIA'S WOODSIDE LOOSES $4 BLN
Woodside decided to reduce its planned expenditure in 2020 by around 50% to AUD2.4bn (US$1.5bn)
2020, July, 15, 14:20:00
OIL PRICE: ABOVE $43 ANEW
Brent up 35 cents, or 0.8%, at $43.25 a barrel, WTI rose 38 cents, or 0.1%, to $40.67 a barrel.