Analysis
2021, February, 12, 12:20:00
OIL PRICE: ABOVE $60
Brent was down 39 cents, or 0.6% at $60.75 a barrel. WTI was down 44 cents, or 0.8% at $57.80 a barrel.
2021, February, 12, 12:15:00
GLOBAL OIL DEMAND + 5.8 MBD
For 2021, oil demand is now anticipated to increase by 5.8 mb/d, revised down by around 0.1 mb/d from last month’s projection, to average 96.1 mb/d.
2021, February, 12, 12:10:00
U.S. OIL INVENTORIES DOWN 6.6 MB TO 469.0 MB
U.S. commercial crude oil inventories decreased by 9.9 million barrels to 476.7 million barrels.
2021, February, 12, 12:05:00
OIL REVENUES WILL DOWN $9 TLN
OPEC has long maintained that oil will remain a dominant energy source in the decades to come.
2021, February, 12, 11:55:00
OIL ISN'T ENOUGH FOR $3 TRLN
To meet the global cumulative demand over the next 30 years, undeveloped and undiscovered resources totaling 313 billion barrels of oil need to be added to currently producing assets.
2021, February, 12, 11:35:00
BRAZIL SOLAR POWER 4.7 GW
According to the Brazilian Association for Distributed Generation (ABGD), the DG segment will grow by over 50% during this year, closing 2021 with an installed capacity of more than 7GW.
2021, February, 11, 14:30:00
OIL PRICE: NEAR $61 YET
Brent fell 35 cents, or 0.6%, to $61.12 a barrel. WTI slid 34 cents, or 0.6%, to $58.34 a barrel.
2021, February, 11, 14:25:00
U.S. OIL IMPORTS WILL UP
U.S. increases in net crude oil imports in 2021 and 2022 because domestic crude oil production and inventory draws alone will not meet the needs of U.S. refineries.
2021, February, 11, 14:20:00
GLOBAL INDEXES UP AGAIN
European stocks opened higher, with the STOXX 600 and London’s FTSE 100 up 0.3%. That followed a subdued Asian session as markets in China, Japan, South Korea and Taiwan were closed for holidays.
2021, February, 11, 14:00:00
TOTAL NET LOSS $7.2 BLN
Total preserves its financial strength with a gearing of 21.7% at the end of 2020.
2021, February, 10, 12:00:00
OIL PRICE: NEAR $61 ANEW
Brent was down by 1 cent at $61.08. WTI dropped 8 cents to $58.28.
2021, February, 10, 11:55:00
OIL PRICES 2021-22: $52-$56
Brent crude oil prices will average $56/b in the first quarter of 2021 and $52/b over the remainder of the year. Brent prices will average $55/b in 2022.
2021, February, 10, 11:40:00
CHINA INDEXES UP AGAIN
The CSI300 index rose 1.7% to 5,781.43 points at the end of the morning session, the highest since Oct. 18, 2007, while the Shanghai Composite Index gained 1.0% to 3,640.65 points.
2021, February, 10, 11:30:00
SAUDI ARAMCO PIPELINE INVESTMENT $10 BLN
Aramco is in talks with banks to provide “staple financing”, which is a financing package provided by the seller that buyers can use to back their purchase.
2021, February, 10, 11:20:00
ЦЕНА URALS: $54,41
Средняя цена на нефть марки Urals в январе 2021 года сложилась в размере $54,41 за баррель, в январе 2020 года - $61,67 за баррель.
