Analysis
2021, May, 5, 16:15:00
U.S. COAL EXPORTS UP
March coal exports were up 2.5% from 6.71 million mt in February and 9.7% higher than the year-ago month. It was the highest in a month since 7.01 million mt in September 2019.
2021, May, 5, 16:10:00
SAUDI ARAMCO NET INCOME $21.7 BLN
Net income for the first quarter of 2021 increased to SAR 81,440 ($21,717), from SAR 62,478 ($16,661) for the same period in 2020, primarily driven by higher crude oil prices, improved downstream margins and the consolidation of SABIC’s results, partly offset by lower crude oil volumes sold.
2021, May, 5, 16:05:00
GAZPROM PROFIT RUB 135 BLN
For the year ended December 31, 2020 profit attributable to the owners of PJSC Gazprom amounted to RUB 135,341 million.
2021, May, 4, 12:40:46
OIL PRICE: ABOVE $68
Brent were 65 cents, or 0.96%, higher at $68.21 a barrel. WTI ticked up 62 cents, or 0.1%, to $65.11 a barrel.
2021, May, 4, 12:35:00
RUSSIA'S OIL PRODUCTION UP TO 10.46 MBD
Daily average production was up 2% from 10.26 million b/d in March. Total output in March was 43.4 million mt. Increases in month-on-month output volumes in early 2021 reflect gradual increases in Russia's crude production quota agreed under the OPEC + deal from the beginning of the year.
2021, May, 4, 12:10:00
NUCLEAR POWER FOR AMERICA
Nuclear power in America has been a stalwart baseload resource for more than fifty years.
2021, May, 4, 12:05:00
INDIA'S ENERGY DEMAND UPDOWN
India's power demand was heavily impacted during the Q1FY21 lockdown (bringing all economic activity to a standstill), falling 15.5% Y-o-Y during Q1FY21 and 7.8% Y-o-Y during 1HFY21.
2021, May, 4, 12:00:00
IRAQ NEED INVESTMENT $15 BLN
Basrah Gas Co., which counts Shell, Mitsubishi Corp. and Iraq's state-owned South Gas Co. as shareholders, will boost its production to 1.4 Bcf/d from the current 1 Bcf/d by 2025 at a cost of $3 billion,
2021, May, 4, 11:50:00
U.S. OIL INVENTORIES UP 0.1 MB TO 493.1 MB
U.S. commercial crude oil inventories increased by 0.1 million barrels from the previous week to 493.1 million barrels,
2021, May, 4, 11:45:00
U.S. RIGS UP 2 TO 440
U.S. Rig Count is up 2 from last week to 440, Canada Rig Count is down 4 from last week to 51
2021, April, 24, 09:25:00
U.S. RIGS DOWN 1 TO 438
U.S. Rig Count is down 1 from last week at 438, Canada Rig Count is down 1 from last week to 55
2021, April, 23, 11:40:00
OIL PRICE: NEAR $66
Brent rose 42 cents, or 0.6%, to $65.82 a barrel. WTI jumped 51 cents, or 0.8%, to $61.94 a barrel.
2021, April, 23, 11:35:00
OPEC+ PRODUCTION WILL UP
OPEC+ officials said they see no reason to be alarmed, and the group's production is set to rise anyway.
2021, April, 22, 11:55:00
OIL PRICE: NEAR $65
Brent declined 95 cents, or 1.4%, to $65.62 a barrel. WTI fell 93 cents, or 1.4%, to $61.74 a barrel.
2021, April, 22, 11:30:00
GLOBAL INDEXES UP AGAIN
Europe’s top indexes also all opened higher ahead of the latest meeting of the European Central Bank, with the broad STOXX Europe 600 up 0.5%, bolstered by upbeat earnings from Nestle and Volvo.