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2020, March, 17, 13:25:00
IMF OFFERS HELP $1 TLN
The IMF stands ready to mobilize its $1 trillion lending capacity to help our membership.
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2020, March, 17, 13:20:00
U.S. PRODUCTION: OIL +18 TBD, GAS (-188) MCFD
Crude oil production from the major US onshore regions is forecast to increase 18,000 b/d month-over-month in March from 9,057 to 9,075 thousand barrels/day, gas production to decrease 188 million cubic feet/day from 85,167 to 84,979 million cubic feet/day .
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2020, March, 17, 13:15:00
EXXON REDUCE SPENDING
ExxonMobil is looking to significantly reduce spending as a result of market conditions caused by the COVID-19 pandemic and commodity price decreases,
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2020, March, 17, 13:10:00
GERMANY'S RENEWABLE INVESTMENT €5 BLN
The German energy group RWE plans to invest €5bn to expand its renewable capacity by 2022, including €1bn in Germany.
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2020, March, 16, 10:50:00
OIL PRICE: ABOVE $31
Brent crude fell $1.13 to $32.72 a barrel , WTI crude was at $31.01, down 72 cents after slipping below $30 earlier in the session
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2020, March, 16, 10:45:00
OPEC - RUSSIA: NO DEAL
In April, Russia may fully return to production levels reached before the OPEC+ deal in October 2018, Novak said.
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2020, March, 16, 10:35:00
U.S. STRATEGIC PETROLEUM RESERVE
Replenishing the Strategic Petroleum Reserve would enable the government to take as much as 77 million barrels off the world market.
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2020, March, 16, 10:30:00
U.S. FEDERAL FUNDS RATE 0 - 0.25%
the Committee decided to lower the target range for the federal funds rate to 0 to 1/4 percent.
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2020, March, 16, 10:25:00
UAE, SAUDI ARABIA INCENTIVES $40 BLN
The UAE's central bank announced a package of $27.3 billion, Saudi Arabia's central bank announced the same day a $13.3 billion package