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Analysis

Analysis
2019, December, 9, 13:35:00
OIL PRICE: NEAR $64
Brent were down 44 cents, or 0.68%, at $63.95 per barrel, WTI were down 48 cents, or 0.81% to $58.72 a barrel,
Analysis
2019, December, 9, 12:45:00
U.S. UNEMPLOYMENT 3.5%
Total nonfarm payroll employment rose by 266,000 in November, and the unemployment rate was little changed at 3.5 percent, the U.S. Bureau of Labor Statistics reported
Analysis
2019, December, 9, 12:40:00
WORLDWIDE RIG COUNT DOWN 81 TO 2,042
The worldwide rig count for November 2019 was 2,042, down 81 from the 2,123 counted in October 2019, and down 224 from the 2,266 counted in November 2018.
Analysis
2019, December, 9, 12:35:00
U.S. RIGS DOWN 3 TO 799
U.S. Rig Count is down 3 rigs from last week to 799, Canada Rig Count is up 12 rigs from last week to 138,
Analysis
2019, December, 6, 14:15:00
OIL PRICE: NOT ABOVE $64
Brent were down 3 cents at $63.36, WTI fell 9 cents to $58.34 a barrel.
Analysis
2019, December, 6, 13:35:00
GCC ECONOMY GROWTH 0.8%
overall real GDP growth in the GCC is estimated to drop to 0.8% this year compared with 2% last year.
Analysis
2019, December, 6, 13:25:00
TREBLING NUCLEAR POWER
Renewable energy sources alone are not capable of fully decarbonising the economy, but they can complement nuclear energy in achieving this goal. The nuclear industry, led by World Nuclear Association, has set the Harmony goal for nuclear energy to provide 25% of global electricity by 2050. This will require trebling nuclear generation from its present level.
Analysis
2019, December, 6, 13:05:00
U.S. INTERNATIONAL TRADE DEFICIT $47.2 BLN
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $47.2 billion in October, down $3.9 billion from $51.1 billion in September,
Analysis
2019, December, 6, 13:00:00
U.S. COAL COMPANIES DOWN
The market capitalization of five of the top 10 U.S. coal companies was sliced by more than half from early January to mid-November 2019.
Analysis
2019, December, 4, 12:40:00
OIL PRICE: ABOVE $61
Brent were up 44 cents, or 0.7%, at $61.26, WTI were up by 38 cents, or 0.7%, at $56.48.
Analysis
2019, December, 4, 12:37:00
TO REDUCE EMISSIONS BY 7.6%
To limit global temperature rise to the necessary 1.5 degrees by the end of this century, we must reduce emissions by 45 per cent from 2010 levels by 2030, and we must achieve climate neutrality by 2050.
Analysis
2019, December, 4, 12:25:00
CHINA'S COAL REDUCING
The relaxing of curbs on coal power, combined with shrinking investment in solar and wind energy, have caused further alarm over carbon dioxide emissions in China.
Analysis
2019, December, 4, 12:15:00
U.S. SHALE OVER
They believe relentless US oil production growth will slow rapidly next year.
Analysis
2019, December, 4, 12:10:00
U.S. COAL EXPORTS DOWN
In the first nine months of 2019, US thermal exports were more than 10 million mt below the year-ago period's total, and vessel tracking data show October exports are expected to come in close to September levels.
Analysis
2019, December, 4, 11:55:00
SAUDI ECONOMY UP
The Saudi economy recorded its biggest increase in new work in more than four years in November according to a report from IHS Markit.