Analysis
2020, May, 13, 12:55:00
OIL PRICE: NOT ABOVE $30
Brent dropped 56 cents, or 1.9%, to $29.42 a barrel, WTI fell 23 cents, or 0.9%, to $25.55
2020, May, 13, 12:50:00
CHINA'S ENERGY WILL DOUBLE
China generates more electricity than Europe and the USA combined and China will double again in twenty years.
2020, May, 13, 12:45:00
OIL PRICES 2020-21: $34-$48
Brent crude oil prices will average $34/b in 2020, Brent prices will rise to an average of $48/b in 2021
2020, May, 13, 12:25:00
ДОХОДЫ РОССИИ МИНУС 190,1 МЛРД.РУБ.
Ожидаемый объем недополученных нефтегазовых доходов федерального бюджета, связанный с превышением базовой цены на нефть над фактически сложившейся ценой, прогнозируется в мае 2020 года в размере - 190,1 млрд руб.
2020, May, 13, 12:20:00
RUSSIA'S GDP WILL DOWN BY 4.5%
Russia is set to record negative GDP growth of 4.5 per cent in 2020 following the shocks caused by the coronavirus pandemic and the collapse of the OPEC+ agreement to limit oil production.
2020, May, 12, 14:50:00
OIL PRICE: ABOVE $30
Brent advanced 85 cents, or 2.9%, to $30.48, WTI were up $1.29, or 5.3%, at $25.43.
2020, May, 12, 14:45:00
SAUDI ARABIA, KUWAIT OIL PRODUCTION DOWN
OPEC+ producers agreed to cut their overall crude oil production by 9.7 mb/d over the 1 May 2020 - 30 June 2020 period,
2020, May, 12, 14:40:00
U.S. TIGHT OIL PRODUCTION WILL DOWN TO 6 MBD
If nothing else changes (unlikely), tight oil production will decline to a level of about 6 million bo/d
2020, May, 12, 14:35:00
INDIA NEED GAS PIPELINES
India has been the world’s fourth-largest importer of liquefied natural gas (LNG) since 2011
2020, May, 12, 14:30:00
ASIA'S COAL DEMAND UP
Southeast Asia today is viewed as the last likely bastion of strong growth in coal demand globally. But just as Indian coal-fired power generation fell an entirely unprecedented 26TWh or -3% during 2019, we note expectations for sustained decades-long growth in Southeast Asian coal-fired power generation is far from a locked-in certainty.
2020, May, 12, 14:25:00
U.S. EMPLOYMENT DOWN BY 20.5 MLN
Total U.S. nonfarm payroll employment fell by 20.5 million in April,
2020, May, 12, 14:15:00
U.S. COAL ELECTRICITY DOWN
U.S. output from the U.S. coal-fired generating fleet dropped to 966,000 gigawatthours (GWh) in 2019
2020, May, 12, 14:10:00
EXCEEDING U.S. RENEWABLES
renewable energy in the United States could exceed coal on an annual basis for the first time this year,
2020, May, 12, 14:05:00
CANADA'S OIL INDUSRTY DOWN
The high-cost Canadian oil industry is being hammered by the dual effects of Covid-19 and the fallout from unconstrained supply.
2020, May, 12, 14:00:00
SAUDI ARAMCO NET INCOME $16.7 BLN
In 2019, Saudi Aramco produced 13.2 mmboed, including 9.9 mmbpd of crude oil (including blended condensate and excluding the Kingdom of Bahrain’s share of volumes produced from Abu Sa’fah field).