Analysis
2020, July, 3, 11:05:00
WORLDWIDE RIG COUNT DOWN 103 TO 1,073
The worldwide rig count for June 2020 was 1,073, down 103 from the 1,176 counted in May 2020, and down 1,148 from the 2,221 counted in June 2019.
2020, July, 3, 11:00:00
U.S. RIGS DOWN 2 TO 263
U.S. Rig Count is down 2 rigs from last week to 263, Canada Rig Count is up 5 rigs from last week to 18
2020, July, 2, 12:05:00
OIL PRICE: NOT ABOVE $43
Brent was up 25 cents or 0.6% at $42.28 a barrel, WTI rose 25 cents, or 0.6%, to $40.07 a barrel
2020, July, 2, 11:55:00
IRAQ OIL EXPORTS DOWN
Iraq oil exports fell to an average of 2.816 million b/d, in line with projections made in June by Oil Minister Ihsan Ismaael
2020, July, 2, 11:50:00
U.S. OIL INVENTORIES DOWN BY 7.2 MB TO 533.5 MB
U.S. commercial crude oil inventories decreased by 7.2 million barrels from the previous week.
2020, July, 2, 11:45:00
U.S. NONFOSSIL SOURCES: 20%
About 20% of U.S. energy consumption in 2019 came from sources other than fossil fuels
2020, July, 2, 11:40:00
LNG FOR INDIA: 1 MLN TONS
India wants to raise the share of natural gas in its energy mix from to 15% by 2030 from 6.2% now and is scouting for affordable gas for its price-sensitive customers.
2020, July, 2, 11:20:00
CHINA'S INDEXES UP AGAIN
China's Shanghai Composite Index gained 2.1% to 3,090.57.
2020, June, 30, 13:00:00
OIL PRICE: NEAR $41 AGAIN
Brent fell 22 cents, or 0.5%, to $41.63 a barrel, WTI was down 27 cents, or 0.7%, at $39.43 a barrel.
2020, June, 30, 12:55:00
ASIA'S SHARES UP
MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.51%,
2020, June, 30, 12:50:00
EUROPE'S STOCKS UPDOWN
The pan-European STOXX 600 index looked set to post a more than 12% rise in the quarter
2020, June, 30, 12:45:00
CHINA'S GAS DEMAND WILL UP
The potential is very high. China's demand for gas will grow at a very high pace. Last year, gas consumption in China grew by almost 10 per cent, thus exceeding 300 billion cubic meters. In 15 years, the demand for gas in the country may double.
2020, June, 30, 12:40:00
BRITAIN'S ECONOMY DOWN
Britain's gross domestic product dropped by a quarterly 2.2% between January and March,
2020, June, 30, 12:35:00
SAUDI ARABIA'S ECONOMY DOWN
In the first quarter, the value of Saudi Arabia’s oil exports plunged by about $11 billion year on year
