Analysis
2021, March, 15, 10:20:00
U.S. RIGS DOWN 1 TO 402
U.S. Rig Count is down 1 from last week at 402, Canada Rig Count is down 25 from last week to 116
2021, March, 12, 12:00:00
OIL PRICE: ABOVE $69
Brent slipped 33 cents, or 0.5%, to $69.30 a barrel. WTI was at $65.65 a barrel, down 37 cents, or 0.6%.
2021, March, 12, 11:55:00
GLOBAL OIL DEMAND WILL UP BY 5.9 MBD
For 2021, world oil demand is expected at 5.9 mb/d, to stand at 96.3 mb/d.
2021, March, 12, 11:50:00
U.S. OIL INVENTORIES UP 13.8 MB TO 498.4 MB
U.S. commercial crude oil inventories increased by 13.8 million barrels to 498.4 million barrels.
2021, March, 12, 11:45:00
ASIA'S INDEXES UP ANEW
Japan’s Nikkei rose 1.58%, and China’s blue-chip CSI300 index inched up 0.05% as sagging high-valuation tech and consumer firms capped gains.
2021, March, 12, 11:15:00
GLOBAL COMPRESSOR MARKET 2021
The global demand for natural gas is expected to increase by 1.6%, y-o-y, for the next five years, with the consumption reaching almost 4,200 billion cubic meters (bcm) by 2025, up from 3,800 bcm in 2018.
2021, March, 12, 11:10:00
SHELL LOSS $21.7 BLN
Royal Dutch Shell plc published its Annual Report and Accounts for the year ended December 31, 2020.
2021, March, 11, 14:05:00
OIL PRICE: NOT ABOVE $69
Brent rose 20 cents, or 0.3%, to $68.10 a barrel. WTI was up 21 cents, or 0.3%, at $64.65.
2021, March, 11, 13:55:00
OIL PRICES RISKS
"As uncertainty, we note a possible increase in production by countries that are not members of OPEC+, as a result of rising prices," Novak said at the meeting with Putin, who praised his "efficient work" protecting Russia's share in the market.
2021, March, 11, 13:50:00
OPEC+ FAIR PRICE
"I would like to assure that we and Russia would like a oil price which is fair to consumers and to producers," Saudi foreign minister Prince Faisal bin Farhan said at a press briefing with Russian counterpart Sergei Lavrov in Riyadh.
2021, March, 11, 13:30:00
EUROPEAN INDEXES UP
The pan-European STOXX 600 index rose 0.3%, up for a fourth straight session as Wall Street stocks rallied overnight on tame inflation data and as the U.S. Congress approved one of the largest economic stimulus measures in history.
2021, March, 11, 13:25:00
U.S. EMPLOYMENT UP
Total nonfarm payroll employment rose by 379,000 in February, and the unemployment rate was little changed at 6.2 percent,
2021, March, 11, 13:20:00
LUKOIL PROFIT RUB15.2 BLN
PJSC LUKOIL today released its audited consolidated financial statements for 2020 prepared in accordance with the International Financial Reporting Standards (IFRS).
2021, March, 10, 12:30:00
OIL PRICE: NEAR $67
Brent dropped 63 cents, or 0.9%, to $66.89 a barrel. WTI was at $63.47 a barrel, down 54 cents, or 0.8%.
2021, March, 10, 12:25:00
OIL PRICES 2021-22: $58-$59
Brent crude oil prices in the forecast average $58/b in the second half of 2021. Brent prices will average $59/b in 2022.
