2020, April, 3, 12:20:00OIL PRICE: NEAR $31
Brent gained 3.64% to $31.03, WTI fell 0.83% to $25.11.
2020, April, 3, 12:15:00OPEC+ DISCUSSES REDUCTION
The OPEC+ crude oil exporter group is debating cutting global supply by 10 million barrels per day
2020, April, 3, 12:10:00#OilPriceWar: SAUDI ARABIA CALLS OPEC+
"It's impossible to take measures to reduce OPEC+ production by 20 million b/d, this is probably half of all countries' total production," Novak said
2020, April, 3, 12:05:00#OilPriceWar: OPEC+ NOT ENOUGH
Russian energy minister Alexander Novak said a coordinated OPEC+ production cut would not be enough to compensate for the fall in demand caused by the coronavirus pandemic, which he said could reach 20 million b/d.
2020, April, 3, 12:00:00#OilPriceWar: RUSSIA'S OIL PRICE $20
Urals crude, Russia’s export blend, is now trading firmly below $20 a barrel, a level which could equate to a budget deficit of 2% of gross domestic product this year,
2020, April, 3, 11:55:00U.S. INTERNATIONAL TRADE DEFICIT $39.9 BLN
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $39.9 billion in February, down $5.5 billion from $45.5 billion in January, revised.
2020, April, 3, 11:54:00PUBLIC PRIVATE PARTNERSHIP WORKSHOP: FINANCING, PROJECTS & CONTRACTS
Singapore – The Public Private Partnership (PPP): Financing, Projects & Contracts workshop is back for 2020. With more sessions in different locations, Infocus International is delighted to bring one of their best events to professionals from all around the world.
2020, April, 2, 15:05:00OIL PRICE: NEAR $27
Brent was up 10.75%, or $2.66, to $27.40, WTI rose 10.09% or $2.05, to $22.36.
2020, April, 2, 14:55:00#OilPriceWar: ARAMCO'S OIL DELIVERIES UP
Saudi Arabia is following through on its threat to flood the market, after Russia last month rejected a Saudi-led OPEC proposal for significant production cuts to backstop already sliding oil prices from the coronavirus pandemic's impact on the global economy.
2020, April, 2, 14:50:00#OilPriceWar: U.S. NEED THE RESCUE
Podcast/Audio - US lawmakers from oil-producing states are trying to increase pressure on the White House to do something to help drillers getting hammered by plummeting prices -- from aggressive diplomacy to banning crude imports.
2020, April, 2, 14:45:00U.S. OIL STOCKS UP
U.S. Commercial crude stocks jumped 13.83 million barrels to 469.19 million barrels during the week
2020, April, 2, 14:40:00ENERGY PRICES DOWN
Oil slid to $25 a barrel on Wednesday, within sight of its lowest in 18 years,
2020, April, 2, 14:20:00HYDROGEN ENERGY & ECONOMY
The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil fuel dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement.
2020, April, 1, 13:05:00OIL PRICE: NEAR $25
Brent was down $1.45, or 5.5%, at $24.90. WTI was down 27 cents, or 1.3%, at $20.21.
2020, April, 1, 13:00:00RUSSIA, U.S. OIL DISCUSSION
The discussions between Washington and Moscow mark a new twist in global oil diplomacy since a failed deal earlier this month between the Organization of the Petroleum Exporting Countries and Russia to cut production ignited a price war that sent oil prices tumbling.