Analysis
2020, August, 12, 14:05:00
BRITAIN'S ECONOMY DOWN
“The larger contraction of the UK economy primarily reflects how lockdown measures have been in place for a larger part of this period in the UK,”
2020, August, 12, 14:00:00
U.S. FRACKING IS IMPORTANT
A ban on fracking may sound noble in some circles, but far from being a practical and permanent solution, it may pose significant impediments to energy generation in the United States and the national economy.
2020, August, 11, 14:05:00
OIL PRICE: ABOVE $45
Brent added 29 cents, or 0.6%, to $45.28 a barrel , WTI rose 38 cents, or 0.9%, to $42.32 a barrel.
2020, August, 11, 14:00:00
GLOBAL SHARES UP
A pan-European share index rose almost 1% , with auto shares leading the way after a surge in Chinese car sales and futures tipped a stronger Wall Street ESc1 open.
2020, August, 11, 13:50:00
BRITAIN'S EMPLOYMENT DOWN
Mounting job losses are expected as Britain winds down its job-retention scheme
2020, August, 10, 11:35:00
OIL PRICE: NEAR $45 AGAIN
Brent rose 34 cents, or 0.8%, to $44.74 a barrel , WTI were up 47 cents, or 1.1%, to $41.69 a barrel.
2020, August, 10, 11:25:00
OIL, GAS M&A
The top country in terms of M&A deals activity in Q2 2020 was the US with 83 deals, followed by China with 33 and Canada with 21.
2020, August, 10, 11:15:00
SAUDI ARAMCO NET INCOME $23.2 BLN
The Saudi Arabian Oil Company (“Aramco” or “the Company”) announced its results for the second quarter and first half of 2020,
2020, August, 10, 11:10:00
SAUDI ARAMCO INVESTMENT $13.6 BLN
Saudi Aramco capital expenditure was $6.2 billion in Q2 and $13.6 billion for the first half of 2020.
2020, August, 10, 11:05:00
LUKOIL PRODUCTION DOWN
Oil production excluding the West Qurna-2 project was 40.2 million tonnes for the six months of 2020, which is 5.6% lower year-on-year
2020, August, 10, 11:00:00
WORLDWIDE RIG COUNT DOWN 43 TO 1,030
The worldwide rig count for July 2020 was 1,030, down 43 from the 1,073 counted in June 2020,
2020, August, 10, 10:55:00
U.S. RIGS DOWN 4 TO 247
U.S. Rig Count is down 4 from last week at 247, Canada Rig Count is up 2 rigs from last week to 47
2020, August, 7, 13:55:00
OIL PRICE: NEAR $45 YET
Brent fell 31 cents, or 0.7%, to $44.78, WTI slipped 39 cents, or 0.9%, to $41.56.
