Analysis
2019, January, 21, 11:55:00
OIL PRICE: NEAR $63
REUTERS - International Brent crude oil futures LCOc1 were at $62.75 per barrel at 0747 GMT, up 5 cents, or 0.1 percent, from their last close. Brent earlier rose above $63 for the first time in 2019. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $53.87 a barrel, up 7 cents, or 0.1 percent. WTI earlier advanced above $54 a barrel for the first time this year.
2019, January, 21, 11:45:00
OIL FOR CHINA: 12.05 MBD
REUTERS - In December, crude runs rose 4.4 percent from the year before to 51.17 million tonnes, or 12.05 million bpd, hovering near a record of 52.78 million tonnes racked up in October.
2019, January, 21, 11:40:00
CHINA'S GDP GROWTH 6.6%
PLATTS - China's National Bureau of Statistics on Monday said the country's gross domestic product grew 6.6% year on year in 2018, the slowest pace of growth seen since 1990.
2019, January, 21, 11:35:00
FLAT US E&P CAPEX
PLATTS - US onshore E&P capital investments in 2019 are likely to be flat to slightly down from last year, with international activity outside North America picking up slowly over the next several months, Schlumberger's top executive said.
2019, January, 21, 11:20:00
FASTEST RENEWABLE GROWING
U.S. EIA - EIA expects non-hydroelectric renewable energy resources such as solar and wind will be the fastest growing source of U.S. electricity generation for at least the next two years.
2019, January, 21, 11:05:00
SCHLUMBERGER NET INCOME $2.138 BLN
SCHLUMBERGER - Schlumberger Chairman and CEO Paal Kibsgaard commented, “Full-year 2018 revenue of $32.8 billion increased 8% year-on-year and grew for the second successive year. Performance was driven by North America where revenue of $12.0 billion increased 26% due to the results of our OneStim® business, which grew by 41%. Full-year international revenue of $20.4 billion was essentially flat compared with 2017. However, excluding Cameron, international revenue for the second half of 2018 showed year-over-year growth of 3%, marking the beginning of a positive activity trend after three consecutive years of declining revenues.
2019, January, 21, 10:55:00
U.S. RIGS DOWN 25 TO 1,050
BHGE - U.S. Rig Count is down 25 rigs from last week to 1,050 rigs, with oil rigs down 21 to 852 and gas rigs down 4 to 198. Canada Rig Count is up 25 rigs from last week to 209, with oil rigs up 25 to 128 and gas rigs unchanged at 81.
2019, January, 18, 10:55:00
OIL PRICE: NEAR $62 AGAIN
REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $52.62 per barrel at 0339 GMT, up 55 cents, or 1.1 percent, from their last settlement. International Brent crude oil futures LCOc1 were up 54 cents, or 0.9 percent, at $61.72 per barrel.
2019, January, 18, 10:50:00
ЦЕНА URALS: $55,94531
МИНФИН РОССИИ - Средняя цена на нефть Urals за период мониторинга с 15 декабря 2018 года по 14 января 2019 года составила $ 55,94531 за баррель, или $ 408,4 за тонну. Согласно расчетам Минфина России экспортная пошлина на нефть в РФ с 1 февраля 2019 года понизится на $ 8,3 и составит $ 80,7 за тонну.
2019, January, 18, 10:45:00
OPEC PRODUCTION DOWN 751 TBD
REUTERS - The Organization of the Petroleum Exporting Countries said in a monthly report that its oil output fell by 751,000 barrels per day (bpd) in December to 31.58 million bpd, the biggest month-on-month drop in almost two years.
2019, January, 18, 10:25:00
BANGLADESH'S NEW ENERGY
PLATTS - Bangladesh is planning to step up efforts to liberalize its gas and LNG sectors from 2019 in order to boost private investment and enhance energy security, a move that would likely increase domestic downstream competition and affect the competitiveness of existing oil-linked LNG supply contracts.
2019, January, 18, 10:20:00
NOVATEK PRODUCTION +6.9%
NOVATEK - In 2018, NOVATEK’s hydrocarbon production totaled 548.4 million barrels of oil equivalent (boe), including 68.81 billion cubic meters (bcm) of natural gas and 11,800 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in total hydrocarbons produced by 35.1 million boe, or by 6.9% as compared with the twelve months 2017.
2019, January, 16, 11:40:00
OIL PRICE: ABOVE $60
REUTERS - International Brent crude oil futures LCOc1 were at $60.68 per barrel at 0703 GMT, 4 cents above their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 2 cents from their last settlement, at $52.13 a barrel.
2019, January, 16, 11:20:00
OIL MARKET BALANCE
REUTERS - “If we look beyond the noise of weekly data and speculators’ herd-like behavior, I remain convinced that we’re on the right track, and that the oil market will quickly return to balance,” said Falih, addressing an oil conference in Abu Dhabi.
2019, January, 16, 11:15:00
OIL PRICE LEVEL: $70
AN - Bank of America Merrill Lynch has retained its forecast that oil will average at $70 this year, after prices rebounded from a two-year low in December.
