Analysis
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.
2021, March, 23, 15:15:00
QATAR LNG FOR CHINA
Qatar Petroleum has entered into 10-year LNG Sale and Purchase Agreement (SPA) with Sinopec to supply 2 Mt/year of LNG to China.
2021, March, 22, 09:20:00
OIL PRICE: NEAR $64
Brent was down 60 cents, or 0.9%, at $63.93 a barrel. WTI was off by 68 cents, or 1.1%, at $60.74 a barrel.
2021, March, 22, 09:15:00
SAUDI ARAMCO NET INCOME $49 BLN
Aramco achieved a net income of $49 billion in 2020, one of the highest earnings of any public company globally.
2021, March, 22, 09:10:00
SAUDI ARAMCO INVESTMENT DOWN TO $35 BLN
Aramco lowered its guidance for capital expenditure in 2021 to around $35 billion from a range of $40 billion to $45 billion previously
2021, March, 22, 09:05:00
INDIA'S INDEXES DOWN
The blue-chip NSE Nifty 50 index fell 0.4% to 14,687 and the benchmark S&P BSE Sensex dropped 0.6% to 49,579.75
