Analysis
2020, July, 17, 12:51:00
GERMANY'S COAL IMPORTS DOWN
Steam coal imports have already fell sharply from 43 million mt back in 2016 as the share of hard coal in the German power mix declined.
2020, July, 17, 12:45:00
AFFORDABLE ENERGY
Energy is the single most important issue facing society and is the key to solving the next of its nine challenges, which he categorized as water, food, environment, poverty, terrorism and war, disease, education, democracy and, population.
2020, July, 16, 16:25:00
OIL PRICE: NOT ABOVE $44
Brent fell 29 cents, or 0.66%, to $43.50 a barrel, WTI was down 43 cents, or 1%, to $40.77 per barrel.
2020, July, 16, 16:20:00
U.S. OIL INVENTORIES DOWN BY 7.5 MB TO 531.7 MB
U.S. commercial crude oildecreased by 7.5 million barrels from the previous week to 531.7 million barrels
2020, July, 16, 16:15:00
CHINA'S OIL THROUGHPUT UP 9%
China's previous record high was 13.84 million b/d in December 2019.
2020, July, 16, 16:10:00
U.S. OIL WRITE DOWNS
40 U.S. oil producers collectively wrote down $48 billion worth of assets in the first quarter of 2020.
2020, July, 16, 16:00:00
CHINA'S GDP UP FASTER
China's GDP will return to pre-coronavirus levels by the end of the year, faster than any other major economy.
2020, July, 16, 15:55:00
U.S. INDUSTRIAL PRODUCTION UP 5.4%
U.S. Total industrial production rose 5.4 percent in June after increasing 1.4 percent in May
2020, July, 16, 15:45:00
AUSTRALIA'S WOODSIDE LOOSES $4 BLN
Woodside decided to reduce its planned expenditure in 2020 by around 50% to AUD2.4bn (US$1.5bn)
2020, July, 15, 14:20:00
OIL PRICE: ABOVE $43 ANEW
Brent up 35 cents, or 0.8%, at $43.25 a barrel, WTI rose 38 cents, or 0.1%, to $40.67 a barrel.
2020, July, 15, 14:15:00
OIL DEMAND WILL UP
In 2021, oil demand is forecast to partially recover from the current year to show historic high growth of 7.0 mb/d.
2020, July, 15, 14:05:00
GOLD PRICE UNCHANGED
Spot gold was little changed at $1,808.85 per ounce by 0658 GMT. U.S. gold futures eased 0.2% to $1,808.40.
2020, July, 15, 13:55:00
RUSSIA'S GAZPROM EXPORTS UNCHANGED
Gazprom's expectations for its realized European gas price for the year were also unchanged.
2020, July, 14, 13:25:00
OIL PRICE: ABOVE $42
Brent fell 44 cents to $42.28, WTI fell 44 cents to $42.28