Analysis
2021, January, 19, 13:45:00
U.S. FOSSIL FUEL WILL UP
U.S. production of all fossil fuels—crude oil, coal, dry natural gas, and natural gas plant liquids (NGPL)—to increase in 2022, but forecast fossil fuel production will remain lower than the 2019 peak.
2021, January, 18, 13:15:00
OIL PRICE: NEAR $55 AGAIN
Brent fell 20 cents, or 0.4%, to $54.90 a barrel. WTI fell 20 cents, or 0.4%, to $54.90 a barrel.
2021, January, 18, 13:05:00
CHINA INDEXES UP
The blue-chip CSI300 index rose 1.1% to close at 5,518.52, while the Shanghai Composite Index gained 0.8% to 3,596.22.
2021, January, 18, 13:00:00
CHINA OIL THROUGHPUT UP
On a metric tons basis, the December throughput went up 2.8% from November and 2.1% from a year ago to 60 million mt.
2021, January, 18, 12:55:00
U.S. INDUSTRIAL PRODUCTION UP 1.6%
U.S. industrial production advanced 1.6 percent in December, with gains of 0.9 percent for manufacturing, 1.6 percent for mining, and 6.2 percent for utilities.
2021, January, 18, 12:45:00
OECD RENEWABLE ELECTRICITY UP 12%
Renewable electricity production was 262.8 TWh, up by 12.4% compared to October 2019 and by8.7 % compared to September 2020.
2021, January, 18, 12:30:00
NOVATEK PRODUCTION +3%
In 2020, NOVATEK’s hydrocarbon production totaled 608.2 million barrels of oil equivalent (boe),
2021, January, 18, 12:25:00
U.S. RIGS UP 13 TO 373
U.S. Rig Count is up 13 from last week to 373, Canada Rig Count is up 44 from last week to 161.
2021, January, 15, 12:05:00
OIL PRICE: BELOW $56 ANEW
Brent was down 71 cents, or 1.2%, at $55.71 a barrel. WTI was 46 cents, or 0.9%, lower at $53.11 a barrel.
2021, January, 15, 12:00:00
GLOBAL OIL DEMAND WILL UP BY 5.9 MBD
For 2021, global oil demand is forecast to increase by 5.9 mb/d y-o-y to average 95.9 mb/d.
2021, January, 15, 11:50:00
LNG PRICES UP ANEW
Spot LNG prices LNG-AS have nearly tripled since early November as freezing temperatures across North Asia boosted demand and depleted inventories. Since July, prices are up a dizzying 1,000%.
2021, January, 15, 11:45:00
U.S. OIL GAS PRODUCTION UPDOWN
U.S. crude oil production will average 11.1 million b/d in 2021, down 0.2 million b/d from 2020 as result of a decline in drilling activity related to low oil prices.
2021, January, 15, 11:40:00
U.S. GAS PRODUCTION UPDOWN
U.S. marketed gas production for 2021 will fall 2% and average 96.2 billion cubic feet per day (Bcf/d).
2021, January, 15, 11:35:00
U.S. OIL INVENTORIES DOWN 3.2 MB TO 482.2 MB
U.S. commercial crude oil inventories decreased by 3.2 million barrels to 482.2 million barrels.
