Analysis
2020, October, 8, 12:40:00
LNG: CHALLENGES & OPPORTUNITIES
The emergence of large-scale North American LNG exports has made it easier for low-cost US gas to reach Asia’s LNG importing markets.
2020, October, 7, 10:40:00
OIL PRICE: NOT BELOW $42
Brent crude futures fell 30 cents, or 0.7%, to $42.35 a barrel, WTI crude oil futures declined 42 cents, or 1%, to $40.25 a barrel.
2020, October, 7, 10:35:00
OIL PRICES 2020-21: $42 - $47
monthly Brent spot prices will average $42/b during the fourth quarter of 2020 and will rise to an average of $47/b in 2021.
2020, October, 7, 10:30:00
ASIA'S STOCKS UP
MSCI’s broadest index of Asia-Pacific shares outside Japan crept 0.4% higher to a fresh two-week peak, led by a 1.3% gain in Australia where an expansionary budget lifted stocks.
2020, October, 7, 10:25:00
U.S. INTERNATIONAL TRADE DEFICIT $67.1 BLN
The U.S. goods and services deficit was $67.1 billion in August, up $3.7 billion from $63.4 billion in July, revised.
2020, October, 7, 10:20:00
U.S. COAL EXPORTS DOWN 41%
From the year-ago month, U.S. coal exports declined 41.3%. Over the eight months, exports were 44.6 million st, down 31% year on year.
2020, October, 6, 15:55:00
OIL PRICE: NOT BELOW $41
Brent were up 38 cents, or 0.9% at $41.67 a barrel, WTI were trading 34 cents higher, or 0.9%, at $39.56 a barrel.
2020, October, 6, 15:50:00
U.S. ENERGY UPDOWN
Driven by unprecedented low fuel prices, gas power production increased by 7.1% during the first seven months from last year, while coal dipped dramatically by 27.5%.
2020, October, 6, 15:45:00
RUSSIA'S GAS TO EUROPE DOWN
Over January-September, Russian gas flows into Europe -- excluding the countries of the former Soviet Union in line with Gazprom's own sales data -- totaled 96.65 Bcm, down 22.2% year on year.
2020, October, 6, 15:40:00
IRAQ'S OIL EXPORTS UP
Iraq, OPEC's second-largest oil producer saw exports edge up to 3.063 million b/d in September from 3.023 million b/d in August, which was the lowest export rate since March 2015, data showed.
2020, October, 6, 15:35:00
UAE OIL PRODUCTION DOWN
UAE, the OPEC producer pumped 2.693 million b/d in August, 103,000 b/d above its quota of 2.590 million b/d under the OPEC + supply accord, and a rise of 293,000 b/d from what the country reported in July, when its cap was 2.446 million b/d.
2020, October, 6, 15:30:00
INDIA'S GAS ENERGY UP
India's LNG demand for power generation has been robust this year as power plants looked to capitalize on record low LNG prices, helping boost margins at prevailing electricity prices.
2020, October, 5, 13:25:00
OIL PRICE: NOT BELOW $40
Brent was up $1.20, or 3.1%, to $40.47 a barrel, WTI was $1.26, or 3.4%, higher at $38.31 a barrel.
2020, October, 5, 13:20:00
U.S. UNEMPLOYMENT DOWN TO 7.9%
Total U.S. nonfarm payroll employment rose by 661,000 in September, and the unemployment rate declined to 7.9 percent,