Analysis
2020, November, 11, 14:15:00
LUKOIL PRODUCTION 2.065 MBD
For the nine months of 2020 LUKOIL Group's average hydrocarbon production excluding the West Qurna-2 project was 2,065 kboe per day, which is 11.6% lower year-on-year.
2020, November, 10, 11:35:00
OIL PRICE: BELOW $43
Brent rose 9 cents, or 0.2%, to $42.49 a barrel. WTI edged up 16 cents, or 0.4%, to $40.45 a barrel.
2020, November, 10, 11:10:00
LNG SUPPLIES WILL DOWN
"Global LNG supply will be moving from sufficient to tight in the next five years, with supply-demand differential falling from 200 Bcm in 2020 to 50 Bcm in 2025,"
2020, November, 9, 13:30:00
OIL PRICE: BELOW $41
Brent climbed 94 cents, or 2.4%, to $40.39 a barrel. WTI was at $38.07, up 93 cents, or 2.5%.
2020, November, 9, 13:20:00
CHINA'S OIL IMPORTS 10 MBD
On a barrels-per-day basis, the imports dropped 15.1% from the 11.85 million b/d in September
2020, November, 9, 13:15:00
LIBYA OIL PRODUCTION 1 MBD
The extra Libyan supply means OPEC+ will have to make some difficult choices as it heads to its formal meeting on Nov 30 – Dec. 1.
2020, November, 9, 13:10:00
EUROPEAN STOCKS UP ANEW
The pan-European STOXX 600 .STOXX was up 1.3% by 0805 GMT, with trade-reliant German shares .GDAXI adding 1.6% as data also showed exports in Europe's largest economy rose more than expected in September.
2020, November, 9, 13:05:00
U.S. UNEMPLOYMENT DOWN TO 6.9%
Total U.S. nonfarm payroll employment rose by 638,000 in October, and the unemployment rate declined to 6.9 percent,
2020, November, 9, 12:55:00
WORLDWIDE RIG COUNT DOWN 3 TO 1,016
The Worldwide Rig Count for October was 1,016, down 3 from the 1,019 counted in September 2020
2020, November, 9, 12:50:00
U.S. RIGS UP 4 TO 300
U.S. Rig Count is up 4 from last week to 300, Canada Rig Count is unchanged from last week at 86
2020, November, 6, 12:50:00
OIL PRICE: ABOVE $40 AGAIN
Brent was 48 cent, or 1.2%, lower at $40.45. WTI were down 52 cents, or 1.3%, at $38.27 a barrel.
2020, November, 6, 12:45:00
U.S. OIL INVENTORIES DOWN BY 8.0 MB TO 484.4 MB
U.S. commercial crude oil inventories decreased by 8.0 million barrels to 484.4 million barrels
2020, November, 6, 12:40:00
IRAQ OIL PRODUCTION UP
Iraq pumped 3.842 million b/d in October, above September's 3.60 million b/d and its quota of 3.804 million b/d,
2020, November, 6, 12:15:00
U.S. FEDERAL FUNDS RATE 0.0 - 0.25% ANEW
The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent
2020, November, 5, 12:55:00
OIL PRICE: ABOVE $40 ANEW
Brent Brent crude futures fell 64 cents, or 1.55%, to $40.59 a barrel, WTI were down 60 cents, or 1.53%, to $38.55 a barrel .
