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2018, March, 30, 11:25:00
OPEC - RUSSIA ALLIANCE
REUTERS - “We are working to shift from a year-to-year agreement to a 10 to 20 year agreement,” the crown prince told Reuters in an interview in New York late on Monday. “We have agreement on the big picture, but not yet on the detail.”
2018, March, 30, 11:20:00
OPEC REDUCES SUPPLY
REUTERS - OPEC, Russia and several other non-OPEC producers have curbed output since January 2017 to erase a global glut of crude that had built up since 2014. They have extended the pact until the end of 2018, and meet on June 22 to review policy.
2018, March, 30, 11:17:00
U.S. GDP UP 2.9%
BEA - Real gross domestic product (GDP) increased at an annual rate of 2.9 percent in the fourth quarter of 2017. In the third quarter, real GDP increased 3.2 percent.
2018, March, 30, 11:15:00
WESTINGHOUSE REORGANISATION
WNN - Westinghouse Electric Company's reorganisation plan - including its sale to Brookfield - has been approved by the US Bankruptcy Court. Westinghouse said the court's approval of the plan is a "significant milestone in the company's strategic restructuring".
2018, March, 30, 11:15:00
U.S. - ARAMCO COOPERATION: $10 BLN
SAUDI ARAMCO - Saudi Aramco announces commercial cooperation worth over $10 billion with 14 American companies during Saudi-US CEOs forum in New York
2018, March, 30, 11:10:00
PETRONAS - ARAMCO COLLABORATION
SAUDI ARAMCO - Petroliam Nasional Berhad (PETRONAS), the national oil company of Malaysia, and Saudi Aramco, the national oil company of Saudi Arabia, are pleased to announce the formation of two joint ventures for the Refinery and Petrochemical Integrated Development (RAPID) project.
2018, March, 30, 11:05:00
EXXON PARTNERSHIP IN BRAZIL
REUTERS - Exxon along with Petrobras and Qatar Petroleum Intl shelled out 2.8 billion reais ($844 million) for a block in Brazil’s offshore Campos basin as the American oil major seeks to aggressively replace dwindling reserves.
2018, March, 30, 11:00:00
U.S. RIGS DOWN 2 TO 993
BAKER HUGHES A GE - U.S. Rig Count is down 2 rigs from last week to 993, with oil rigs down 7 to 797, gas rigs up 4 to 194 and miscellaneous rigs up 1 to 2.
Canada Rig Count is down 27 rigs from last week to 134, with oil rigs down 22 to 71 and gas rigs down 5 to 63.
2018, March, 28, 11:30:00
OIL PRICE: NOT ABOVE $70
REUTERS - U.S. WTI crude futures CLc1 were at $64.72 a barrel by 0700 GMT, down 53 cents, or 0.8 percent, from their previous settlement.
Brent crude futures LCOc1 were at $69.69 per barrel, down 42 cents, or 0.6 percent.
2018, March, 28, 11:15:00
GLOBAL ENERGY DEMAND + 2.1%
IEA - Global energy demand rose by 2.1% in 2017, more than twice the previous year’s rate, boosted by strong global economic growth, with oil, gas and coal meeting most of the increase in demand for energy, and renewables seeing impressive gains.