Analysis
2020, June, 25, 14:10:00
U.S. OIL INVENTORIES UP BY 1.4 MB TO 540.7 MB
U.S. commercial crude oil inventories increased by 1.4 million barrels from the previous week to 540.7 million barrels
2020, June, 25, 14:05:00
U.S. OIL EXPORTS UP 3 MBD
Weekly US crude oil exports averaged 3.16 million b/d for the week ended on June 19
2020, June, 25, 14:00:00
U.S. OIL IMPORTS DOWN 36%
South Korean refiners imported 7.407 million barrels of US crude in May, compared with 11.516 million barrels a year earlier,
2020, June, 25, 13:55:00
CHINA'S ENERGY UP
China plans to increase the share of renewables (including hydro) in the power mix to 28.2% in 2020.
2020, June, 25, 13:50:00
SAUDI OIL EXPORTS DOWN $12 BLN
Amid a drop in demand and oil prices, in the first quarter the value of Saudi Arabia’s oil exports plunged by 21.9% year on year to $40 billion, corresponding to a decline of about $11 billion,
2020, June, 25, 13:45:00
LONDON SHARES DOWN
The mid-cap FTSE 250 shed 0.9%, tracking a slide in global equity markets
2020, June, 25, 13:40:00
INDIA'S STOCKS UPDOWN
The NSE Nifty 50 index rose 0.1% to 10,320 and the benchmark S&P BSE Sensex was also up 0.1% at 34,924.05
2020, June, 24, 12:55:00
OIL PRICE: NEAR $42
Brent slipped 47 cents, or 1.1%, to $42.16 a barrel, WTI fell 59 cents, or 1.5%, to $39.78 a barrel.
2020, June, 24, 12:40:00
ENERGY TRANSITION INVESTMENT $4.5 TLN
Energy transition investment can boost the economy over the 2021-23 recovery
phase and create a wide range of jobs.
2020, June, 24, 12:30:00
U.S. LNG EXPORTS DOWN
A mild winter and COVID-19 mitigation efforts have led to declining global natural gas demand and high natural gas storage inventories in Europe and Asia, reducing the need for LNG imports.
2020, June, 24, 12:25:00
GOLD PRICES UP MORE
All that and softness in the dollar, along with endless cheap liquidity from central banks, helped spot gold gain 0.2% to $1,770.92 per ounce after touching $1,773, its highest level since October 2012 in early Asian trade.
2020, June, 24, 12:15:00
CHINA'S RENEWABLE INVESTMENT $13 BLN
China plans to increase the share of renewables (including hydro) in the power mix to 28.2% in 2020 and the share of renewables (excluding hydro) is expected to reach 10.8%.
2020, June, 23, 14:45:00
OIL PRICE: NEAR $44
Brent rose 49 cents, or 1.1%, to $43.57 a barrel, WTI was up 48 cents, or 1.2%, at $41.21 a barrel
2020, June, 23, 14:32:00
CHOOSING THE BEST RENEWABLE ENERGY SYSTEMS FOR THE ENERGY TRANSITION
The Ecological Goal of the Energy Transition is to reduce global greenhouse gas emissions and prevent the most serious effects of climate change. Replacing energy Fossil Fuel Systems (FFS) with Renewable Energy Systems (RES) is a way to achieve the Ecological Goal.