Analysis
2020, December, 29, 11:55:00
OIL PRICE: NEAR $51 YET
Brent climbed 23 cents, or 0.5%, to $51.09 a barrel. WTI added 23 cents, or 0.5%, to $47.85 a barrel.
2020, December, 29, 11:50:00
ASIA'S LNG PRICES UP ANEW
North American LNG export developers are hoping sustained high prices will provide incentive to buyers to sign more long-term commercial deals that would enable the developers to sanction new terminal projects in 2021.
2020, December, 29, 11:45:00
CHINA'S LNG IMPORTS UP
The average price of LNG imported by China in November, comprising both term and spot cargoes, was about $6.28/MMBtu on a delivered basis, up 15.3% from about $5.44/MMBtu a month earlier,
2020, December, 29, 11:40:00
CHINA INDEXES DOWN
At the midday break, the Shanghai Composite index was down 0.33% at 3,386.14 points, while the blue-chip CSI300 index was down 0.26%.
2020, December, 29, 11:35:00
JAPAN SHARES UP
Japan’s Nikkei surged by 2.4% to its highest since August 1990.
2020, December, 28, 11:00:00
OIL PRICE: NEAR $51 AGAIN
Brent were down 25 cents, or 0.5%, to $51.04 a barrel. WTI slipped 19 cents, or 0.4%, to $48.04 a barrel.
2020, December, 28, 10:50:00
CHINA WILL OVERTAKE THE U.S.
China looked set for average economic growth of 5.7% a year from 2021-25 before slowing to 4.5% a year from 2026-30.
2020, December, 28, 10:45:00
CHINA STOCKS UP ANEW
The CSI300 index rose 0.7% to 5,078.60 by the end of the morning session, while the Shanghai Composite Index gained 0.3% to 3,406.69.
2020, December, 25, 10:45:00
OIL PRICE: ABOVE $51
Brent settled 9 cents higher at $51.29. WTI settled up 11 cents to $48.23 a barrel.
2020, December, 25, 10:40:00
OPEC+ RISSIA OIL PRICE: $45 - $55
In comments, cleared for publication on Friday, Novak also said that Moscow views an oil price between $45 and $55 per barrel as the optimum level to allow for recovery of its oil production,
2020, December, 25, 10:35:00
CHINA OIL GAS PRODUCTION WILL UP
China natural gas production should increase by 7% to 186 bcm in 2020.
2020, December, 25, 10:30:00
ASIA'S COAL PRICES UP
The price of thermal coal, used to generate electricity in power stations, has surged in the past two months as key consumers in China, India, South Korea and Japan rushed for supplies.
2020, December, 24, 13:45:00
OIL PRICE: NEAR $51
Brent rose 17 cents, or 0.3%, to $51.37 a barrel. WTI increased 10 cents, or 0.2%, to $48.22.
2020, December, 24, 13:35:00
U.S. OIL INVENTORIES DOWN 0.6 MB TO 499.5 MB
U.S. commercial crude oil inventories decreased by 0.6 million barrels to 499.5 million barrels.
2020, December, 24, 13:30:00
SPAIN RENEWABLE ENERGY 109.3 GWH
By the December cut-off date, Spanish plants generated 109,269 GWh of renewable power, up by 11.6% year-on-year, owing mostly to favourable weather conditions and an increase in the total installed renewable energy capacity.
