Analysis
2020, May, 15, 11:40:00
CHINA STOCKS DOWN ANEW
the Shanghai Composite index was down 0.1% at 2,868.46
2020, May, 15, 11:25:00
U.S. CLEAN ENERGY JOBS LOST
U.S. Dept. of Labor said more than half-a-million jobs in the clean energy sector were lost in March and April
2020, May, 14, 16:30:00
OIL PRICE: NEAR $30 YET
Brent were up $1.17, or 4%, at $30.36 per barrel, WTI were $1.1, or 4.4%, higher at $26.39 per barrel.
2020, May, 14, 16:20:00
GLOBAL OIL DEMAND WILL DOWN BY 9 MBD
For 2019, world oil demand growth is kept broadly unchanged compared to last month’s assessment, estimated to have grown by 0.83 mb/d, y-o-y, to average 98.72 mb/d. In 2020, world oil demand growth is adjusted lower by 2.23 mb/d and is now forecast to drop by 9.07 mb/d.
2020, May, 14, 16:15:00
GLOBAL ECONOMY WILL DOWN BY 3.2%, $8.5 TLN
Under the baseline scenario, GDP growth in developed countries will plunge to –5.0 per cent in 2020, while output of developing countries will shrink by 0.7 per cent.
2020, May, 14, 16:10:00
U.S. OIL DEMAND UPDOWN
EIA expects U.S. total liquid fuels consumption will rise from an average of 15.9 million b/d in the second quarter of 2020 to 18.7 million b/d in the third quarter of 2020 and then to average 19.8 million b/d in 2021, up 8% from 2020, but lower than 2019 levels.
2020, May, 14, 16:05:00
CHINA STOCKS DOWN
The Shanghai Composite index ended 0.96% lower at 2,870.34.
2020, May, 14, 16:00:00
INDIA'S COAL PRODUCTION WOULD RISE TO 700 MT
India's coal production would rise to 700 Mt in the current fiscal year (April 2020-March 2021)
2020, May, 14, 15:50:00
INDIA'S WIND ENERGY UP
As the world’s fourth-largest onshore wind market by installations, India has 37.5 GW of wind capacity as of 2019.
2020, May, 13, 12:55:00
OIL PRICE: NOT ABOVE $30
Brent dropped 56 cents, or 1.9%, to $29.42 a barrel, WTI fell 23 cents, or 0.9%, to $25.55
2020, May, 13, 12:50:00
CHINA'S ENERGY WILL DOUBLE
China generates more electricity than Europe and the USA combined and China will double again in twenty years.
2020, May, 13, 12:45:00
OIL PRICES 2020-21: $34-$48
Brent crude oil prices will average $34/b in 2020, Brent prices will rise to an average of $48/b in 2021
2020, May, 13, 12:20:00
RUSSIA'S GDP WILL DOWN BY 4.5%
Russia is set to record negative GDP growth of 4.5 per cent in 2020 following the shocks caused by the coronavirus pandemic and the collapse of the OPEC+ agreement to limit oil production.
2020, May, 12, 14:50:00
OIL PRICE: ABOVE $30
Brent advanced 85 cents, or 2.9%, to $30.48, WTI were up $1.29, or 5.3%, at $25.43.