Analysis
2020, August, 17, 12:35:00
JAPAN'S ECONOMY DOWN
The Cabinet Office reported that Japan’s preliminary seasonally adjusted real gross domestic product, or GDP, the sum of a nation’s goods and services, fell 7.8% quarter on quarter.
2020, August, 17, 12:30:00
U.S. INDUSTRIAL PRODUCTION UP
The U.S. total industrial production rose 3.0 percent in July after increasing 5.7 percent in June
2020, August, 17, 12:02:00
U.S. RIGS DOWN 3 TO 244
U.S. Rig Count is down 3 from last week at 244, Canada Rig Count is up 7 rigs from last week to 54
2020, August, 14, 12:00:00
OIL PRICE: NOT ABOVE $45
Brent was 29 cents, or 0.7%, lower at $44.67, WTI slipped 25 cents, or 0.6%, to $41.99.
2020, August, 14, 11:55:00
U.S. LNG EXPORTS DOWN
U.S. exports of LNG fell to an average of 3.1 Bcf/d in July 2020.
2020, August, 14, 11:45:00
WIND, SOLAR UP DOUBLE
The data showed wind and solar power increased 14% in the first half of 2020
2020, August, 14, 11:40:00
MALAYSIA'S GDP DOWN 17%
This is Malaysia's worst performance on record and first quarterly decline since the third period of 2009, amid the global financial crisis.
2020, August, 13, 13:50:00
OIL PRICE: ABOVE $45 YET
Brent fell 7 cents, or 0.1%, to $45.36 a barrel, WTI was down 3 cents, or 0.1%, to $42.64 a barrel.
2020, August, 13, 13:45:00
OIL DEMAND WILL UP BY 7 MBD
For 2021, world oil demand growth is forecast to rise by 7.0 mb/d,
2020, August, 13, 13:40:00
OIL PRICES 2020-21: $43-$50
monthly Brent spot prices will average $43/b during the second half of 2020 and rise to an average of $50/b in 2021.
2020, August, 13, 13:35:00
U.S. OIL INVENTORIES DOWN BY 4.5 MB TO 514.1 MB
U.S. commercial crude oil inventories decreased by 4.5 million barrels to 514.1 million barrels,
2020, August, 13, 13:30:00
U.S. BUDGET DEFICIT $2.81 TLN
The U.S. budget deficit climbed to $2.81 trillion in the first 10 months of the budget year,
2020, August, 13, 13:25:00
RENEWABLES FOR EUROPE
According to this research, three options could be pursued individually or in combination to achieve this goal: Offshore wind power, large solar parks, and roof-top solar systems.
2020, August, 13, 13:20:00
USEFUL GLOBAL WARMING
thermodynamic geoengineering, the affordable, long-duration storage that can convert and recycle the thermally stratified energy of the ocean for millennia.
