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Analysis

Analysis
2019, February, 18, 11:40:00

SAUDIS INVESTMENT FOR PAKISTAN: $20 BLN

REUTERS - Saudi Arabia has signed an agreement to supply Pakistan with crude oil and petroleum products to secure its fuel needs, Saudi Energy Minister Khalid al-Falih said

Analysis
2019, February, 18, 11:35:00

BP: NUCLEAR POWER UP TO 3400 TWH

BP - The 2019 edition of BP’s Energy Outlook, published today, explores the key uncertainties that could impact the shape of global energy markets out to 2040. The greatest uncertainties over this period involve the need for more energy to support continued global economic growth and rising prosperity, together with the need for a more rapid transition to a lower-carbon future.

Analysis
2019, February, 18, 11:30:00

U.S. RIGS UP 2 TO 1,051

BHGE - U.S. Rig Count is up 2 rigs from last week to 1,051 rigs, Canada Rig Count is down 16 rigs from last week to 224,

Analysis
2019, February, 15, 12:50:00

OIL PRICE: ABOVE $64 YET

REUTERS - Brent crude oil briefly reached 2019 highs above $65 per barrel on Friday, as OPEC-led supply cuts and the announcement of a higher-than-expected cut by Saudi Arabia this week encouraged investors.

Analysis
2019, February, 15, 11:50:00

BP ENERGY OUTLOOK 2019

BP - The 2019 edition of BP’s Energy Outlook, published today, explores the key uncertainties that could impact the shape of global energy markets out to 2040. The greatest uncertainties over this period involve the need for more energy to support continued global economic growth and rising prosperity, together with the need for a more rapid transition to a lower-carbon future.

Analysis
2019, February, 13, 12:20:00

OIL PRICE: NEAR $63 AGAIN

REUTERS - Oil prices rose on Wednesday as producer club OPEC said it had cut supply deeply in January and as U.S. sanctions hit Venezuela’s oil exports.

Analysis
2019, February, 13, 11:50:00

IMPORTANT EUROPE'S NUCLEAR

WNN - Nuclear energy can help the European Union achieve a sustainable and low-carbon future while providing people with reliable and affordable electricity, Foratom - the European nuclear trade body - says in a new position paper.

Analysis
2019, February, 13, 11:45:00

INDIA'S ENERGY SECURITY

PLATTS - "We have taken several measures to overhaul the hydrocarbon policy framework to ensure energy security for the country, while pursuing the green path to progress," petroleum minister Dharmendra Pradhan said.

Analysis
2019, February, 13, 11:40:00

INDIA'S NUCLEAR NOT ENOUGH

WNN - A lack of available domestically produced nuclear fuel and delays in constructing and commissioning nuclear power plants, including first-of-a-kind plants and the Prototype Fast Breeder Reactor (PFBR), meant that India failed to meet its nuclear generation targets under the governmental plans over the decade to 2017.

Analysis
2019, February, 13, 11:35:00

NETHERLANDS GDP UP 2.6%

IMF - The Dutch economy has performed very well in recent years. Growth is estimated at 2.6 percent in the 2018, owing to strong domestic demand and robust net exports.

Analysis
2019, February, 11, 10:40:00

OIL PRICE: NEAR $62 YET

REUTERS - U.S. West Texas Intermediate (WTI) crude futures were at $52.09 per barrel at 0347 GMT, down 63 cents, or 1.2 percent, from their last settlement. International Brent crude oil futures were down 49 cents, or 0.8 percent, at $61.61 a barrel.

Analysis
2019, February, 11, 10:35:00

RUSSIA SANCTIONS ISN'T OBSTACLE

PLATTS - "Imports of Russian crude oil and LNG do not go through any chokepoints such as the Strait of Hormuz. Therefore they are important for the diversification of Japan's energy import sources, and I hope that Russia will play an even larger role. I would like to continue working to expand our cooperation," Seko said.

Analysis
2019, February, 11, 10:15:00

GLOBAL ECONOMY GROWTH 3.5%

IMF - the global economy will grow by 3.5 percent this year, 0.2 percentage points below what we expected in October. And risks are up, given escalating trade tensions and tightening financial conditions.

Analysis
2019, February, 11, 10:00:00

U.S. RIGS UP 4 TO 1,049

BHGE - U.S. Rig Count is up 4 rigs from last week to 1,049 rigs, with oil rigs up 7 to 854 and gas rigs down 3 to 195. Canada Rig Count is down 3 rigs from last week to 240, with oil rigs down 1 to 158 and gas rigs down 2 to 82.

Analysis
2019, February, 8, 12:15:00

OIL PRICE: ABOVE $61

REUTERS - U.S. West Texas Intermediate (WTI) crude futures stood at $52.17 per barrel by 0755 GMT, down 47 cents, or 0.9 percent, from their last settlement. International Brent crude oil futures were down by 48 cents, or 0.8 percent, at $61.15 per barrel.

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