Analysis
2020, November, 16, 12:10:00
U.S. RIGS UP 12 TO 312
U.S. Rig Count is up 12 from last week to 312 , Canada Rig Count is up 3 from last week to 89
2020, November, 13, 13:35:00
OIL PRICE: NEAR $43
Brent was down 51 cents, or 1.2%, at $43.02 a barrel. WTI fell 66 cents, or 1.6%, to $40.46 a barrel.
2020, November, 13, 13:25:00
OPEC+ RUSSIA REDUCING
Saudi Arabia and Russia, leaders of the 23-nation coalition, have already indicated publicly that they are thinking twice about easing production cuts in January as the resurgent pandemic hits fuel demand.
2020, November, 13, 13:20:00
U.S. OIL INVENTORIES UP 4.3 MB TO 488.7 MB
U.S. commercial crude oil inventories increased by 4.3 million barrels to 488.7 million barrels
2020, November, 13, 13:15:00
U.S. GAS PRICES UP TO $3
the natural gas spot price at the Henry Hub reached $3.00 per million British thermal units (MMBtu), its highest value since March 2019,
2020, November, 13, 13:05:00
U.S. WIND ELECTRICITY WILL UP TO 10.3%
EIA forecasts wind’s share to reach 10.3% in 2021.
2020, November, 13, 12:55:00
ФНБ РОССИИ $167,6 МЛРД.
По состоянию на 1 ноября 2020 г. объем ФНБ составил 13 298 628,4 млн. рублей, или 11,7% ВВП, что эквивалентно 167 632,0 млн. долл. США,
2020, November, 13, 12:45:00
ROSNEFT NET LOSS RUB 177 BLN
In 9M 2020 negative Net income was RUB -177 bln (USD -2.1 bln). The reduction compared to 9M 2019 was a result of the negative effect of price fluctuations due to COVID-19 pandemic as well as the negative effect of non-monetary factors.
2020, November, 13, 12:40:00
ROSNEFT PRODUCTION 4.19 MBD
Brent fell 34 cents, or 0.8%, to $43.46 a barrel. WTI fell 30 cents, or 0.7%, to $41.15 a barrel.
2020, November, 12, 14:15:00
OIL PRICE: BELOW $44
Brent fell 34 cents, or 0.8%, to $43.46 a barrel. WTI fell 30 cents, or 0.7%, to $41.15 a barrel.
2020, November, 12, 14:10:00
GLOBAL OIL DEMAND UPDOWN
The global oil demand forecast for 2020 is revised down by 0.3 mb/d. For 2021, oil demand growth is expected to grow by 6.2 mb/d, y-o-y, representing a downward revision of 0.3 mb/d compared to last month’s assessment.
2020, November, 12, 14:05:00
OPEC CUTS 7.7 MBD
OPEC+ alliance's current 7.7 million b/d in output cuts could be maintained into 2021 instead of being eased as originally planned, or even extended.
2020, November, 12, 13:50:00
INDIA'S ECONOMY STIMULUS $16 BLN
The government will spend 1.2 trillion rupees ($16.1 billion) on the latest stimulus program in addition to the 1.45 trillion rupees announced on Wednesday,
2020, November, 12, 13:35:00
GREEN HYDROGEN IS COUNTERPRODUCTIVE
I regard the strictly green position as irrational and counterproductive. It is an impediment to efforts to quickly slash carbon emissions and limit the effects of global warming.
2020, November, 11, 14:55:00
OIL PRICE: BELOW $45
Brent rose $1.17, or 2.7%, to $44.78 a barrel. WTI added $1.17 cents, or 2.8%, to $42.53 a barrel.