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2019, May, 29, 10:25:00BRAZIL'S GDP UP 1%
After contracting by almost 7 percent during the 2015-16 recession, real GDP grew by only 1.1 percent per year in 2017 and 2018.
2019, May, 27, 11:55:00OIL PRICE: ABOVE $68
Spot Brent crude futures were firmer at $68.82 per barrel, 13 cents, or 0.2%, above their last close. WTI crude futures were at $58.43 per barrel at 0700 GMT, down 20 cents, or 0.3%, from their last settlement.
2019, May, 27, 11:50:00VENEZUELA'S OIL TO CUBA UP
Venezuela's state-owned PDVSA exported 1.416 million barrels of combined crude and products in May to Cuba's state Cubametales, up from 355,000 barrels in April.
2019, May, 27, 11:45:00TRUST IS A CENTRAL THEME
Trust is a central theme, because it is vital to the functioning of any economy and to the success of reforms. Polls across multiple countries show a long-running and deepening decline in trust in institutions and experts. The profound effects of the global financial crisis, increasing inequality, political polarization, and a lack of sincere attention to the needs of the public all seem to have contributed.
2019, May, 27, 11:40:00OILFIELD SERVICES RATING DOWN
"Oilfield services companies will no longer be able to generate the high operating margins they did in 2014," Carin Dehne-Kiley, an analyst at S&P, wrote Friday in a report to investors. "The oilfield services industry has fundamentally changed due to permanent efficiency and productivity gains realized by E&P companies as well as investor sentiment calling for E&P companies to live within cash flow and limit production growth."
2019, May, 27, 11:35:00ASIA'S RENEWABLE INVESTMENT WILL UP
Total capital expenditure in renewables will rise above $30 billion in the region by 2020, just overtaking investment into exploration and production for oil and natural gas,
2019, May, 27, 11:30:00ALGERIA STOP TOTAL
Algeria will block Total from acquiring Anadarko's assets in Algeria, energy minister Mohamed Arkab told reporters on a sidelines of a conference on Sunday.
2019, May, 27, 11:25:00U.S. RIGS DOWN 4 TO 983
BHGE - U.S. Rig Count is down 4 rigs from last week to 983, with oil rigs down 5 to 797, gas rigs up 1 to 186, and miscellaneous rigs unchanged at 0. Canada Rig Count is up 15 rigs from last week to 78, with oil rigs up 16 to 38 and gas rigs down 1 to 40.
2019, May, 24, 10:25:00OIL PRICE: NEAR $67
Brent crude futures were at $68.48 per barrel at 0654 GMT, up 72 cents, or 1.1%, from their last close, with prices underpinned by OPEC supply cuts and Middle East tensions. U.S. West Texas Intermediate (WTI) crude futures were up 66 cents, or 1.1%, at $58.57 per barrel.
2019, May, 24, 10:20:00OPEC+ COMPLIANCE 168%
Although compliance to the cuts had a slow start, OPEC's JMMC noted in a press release following their meeting in Jeddah, Saudi Arabia, that compliance had hit a record high of 168% in April 2019. Average conformity reached 120% since January 2019.