Analysis
2021, March, 29, 13:35:00
OIL PRICE: ABOVE $64 YET
Brent was down 29 cents, or 0.5%, at $64.28 a barrel. WTI fell 55 cents, or 1%, to $60.42 a barrel.
2021, March, 29, 13:05:00
INDIA'S ENERGY CHANGES
The institutional framework in India attracts investments for its growing energy needs - private sector investments are allowed in coal mining, open up oil and gas retail markets.
2021, March, 29, 13:00:00
U.S. LNG EXPORTS UP
Between 2015 and 2020, U.S. gas production grew roughly twice as fast (4.3% per year on average) as consumption (2.3% per year), according to data from the U.S. Energy Information Administration.
2021, March, 29, 12:45:00
OFFSHORE WIND ENERGY REASONS
Offshore wind farms can take advantage of major wind streams out in the ocean without taking up valuable real estate inland.
2021, March, 29, 12:40:00
U.S. RIGS UP 6 TO 417
U.S. Rig Count is up 6 from last week at 417, Canada Rig Count is down 11 from last week to 81
2021, March, 26, 12:30:00
OIL PRICE: ABOVE $63 ANEW
Brent was higher by 54 cents, or 0.9%, at $62.49 a barrel. WTI was up 65 cents, or 1.1%, at $59.21 a barrel.
2021, March, 26, 12:25:00
GLOBAL INDEXES UP
The Dow Jones Industrial Average rose 0.62% and the S&P 500 gained 0.52% while the Nasdaq Composite added just 0.12%.
2021, March, 26, 11:55:00
U.S. GDP UP 4.3%
Real gross domestic product (GDP) increased at an annual rate of 4.3 percent in the fourth quarter of 2020
2021, March, 25, 12:25:00
OIL PRICE: ABOVE $63
Brent slid 77 cents, or 1.2%, to $63.64 a barrel. WTI dropped by 87 cents, or 1.4%, to $60.31 a barrel.
2021, March, 25, 12:10:00
CHINA INDEXES UPDOWN ANEW
The Shanghai Composite index finished down 0.1% at 3,363.59 points. The blue-chip CSI300 index edged just 0.05% lower
2021, March, 25, 12:05:00
U.S. OIL INVENTORIES UP 1.9 MB TO 502.7 MB
U.S. commercial crude oil inventories increased by 1.9 million barrels to 502.7 million barrels.
2021, March, 24, 10:40:00
OIL PRICE: NEAR $61
Brent rose 8 cents, or 0.1%, to $60.87 a barrel. WTI rose 8 cents, or 0.1%, to $60.87 a barrel.
2021, March, 24, 10:20:00
ASIAN INDEXES DOWN
Japan’s Nikkei stumbled 2% while South Korea’s KOSPI slipped 0.4%. Chinese shares were in the red for a second day with the blue-chip CSI300 index down 1.65%. Hong Kong’s Hang Seng skidded 2.2%.
2021, March, 24, 10:05:00
RENEWABLES FOR NORWAY $11.7 BLN
The Norwegian solar company confirmed its previous target of having 4.5 GW of photovoltaic (PV) capacity at end-2021.
2021, March, 23, 15:30:00
OIL PRICE: NEAR $62
Brent dropped by $2.20, or 3.4%, to $62.42 a barrel. WTI fell by $2.10, or %3.4, to $59.46 a barrel.
