Analysis
2019, May, 8, 11:15:00
AUSTRALIA'S LNG UPDOWN
The port, on Australia's east coast and home to the region's three LNG terminals, exported 1.78 million mt of the fuel during the month, up 6% year on year but down 8% from the March high of 1.93 million mt,
2019, May, 8, 11:05:00
NORWAY'S GROWTH 2.5%
After growing by 2.2 percent in 2018, mainland economic activity is expected to accelerate further and rise by about 2.5 percent this year, before growth slows to 2.1 percent in 2020.
2019, May, 8, 11:00:00
U.S. URANIUM DOWN AGAIN
The United States produced 1.47 million pounds of uranium concentrate in 2018, down for the fourth consecutive year and the lowest total since 1950,
2019, May, 8, 10:55:00
WORLDWIDE RIG COUNT DOWN 73 TO 2,140
BHGE - The worldwide rig count for April 2019 was 2,140, down 73 from the 2,213 counted in March 2019, and up 53 from the 2,087 counted in April 2018.
2019, May, 6, 12:15:00
OIL PRICE: NOT ABOVE $70
Brent crude oil futures trading at $69.34 per barrel, down $1.51, or 2.1 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $60.57 per barrel at 0646 GMT on Monday, down $1.37 per barrel, or 2.2 percent, from their last settlement.
2019, May, 6, 12:05:00
LNG FOR NETHERLANDS
The EU has long worked to diversify from relying on Russia for almost 40 percent of its gas needs by developing LNG infrastructure to access other suppliers. Qatar and Australia are other major LNG suppliers.
2019, May, 6, 11:45:00
SHELL CCS EARNINGS $5.3 BLN
CCS earnings attributable to shareholders excluding identified items were $5.3 billion, reflecting lower realised chemicals and refining margins, decreased realised oil prices and lower tax credits, partly offset by stronger contributions from trading as well as increased realised LNG and gas prices compared with the first quarter 2018. In addition, there was a negative impact of $43 million related to the implementation of IFRS 16.
2019, May, 6, 11:35:00
U.S. UNCOMPLETED WELLS UP
The number of drilled but uncompleted wells in seven key oil and natural gas production regions in the United States has increased over the last two years, reaching a high of 8,504 wells in February 2019,
2019, May, 6, 11:35:00
U.S. UNEMPLOYMENT DOWN TO 3.6%
Total nonfarm payroll employment increased by 263,000 in April, and the unemployment rate declined to 3.6 percent, the U.S. Bureau of Labor Statistics reported
2019, May, 6, 11:30:00
U.S., KAZAKHSTAN URANIUM PRODUCTION DOWN
Kazatomprom's uranium production for the first quarter of 2019 was 4% down from the same period in 2018 as the Kazakh company continues with its plan to reduce production. Meanwhile, US uranium production for the quarter was 74% down from 2018.
2019, May, 6, 11:10:00
U.S. RIGS DOWN 1 TO 990
BHGE - U.S. Rig Count is down 1 rig from last week to 990, with oil rigs up 2 to 807, gas rigs down 3 to 183, and miscellaneous rigs unchanged at 0. Canada Rig Count is down 2 rigs from last week to 61, with oil rigs down 2 to 17 and gas rigs unchanged at 44.
2019, May, 4, 11:20:00
TRANSCANADA'S NET INCOME $1 BLN
TransCanada Corporation (TSX, NYSE: TRP) (TransCanada or the Company) announced net income attributable to common shares for first quarter 2019 of $1.004 billion or $1.09 per share compared to net income of $734 million or $0.83 per share for the same period in 2018.
2019, May, 2, 17:15:00
OIL PRICE: NOT ABOVE $72
Brent crude oil futures were at $71.47 per barrel, U.S. West Texas Intermediate crude futures were down 76 cents at $62.84 per barrel.
2019, May, 2, 17:00:00
OPEC + RUSSIA OBLIGATIONS
Russia is meeting its obligations under the OPEC/non-OPEC crude production agreement, and participants remain committed to the arrangement, despite ongoing uncertainty over world energy market developments.
2019, May, 2, 16:25:00
U.S. FEDERAL FUNDS RATE 2.25 - 2.5%
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.