Analysis
2020, March, 19, 12:20:00
SAUDI ARAMCO SUPPLIES 12 MBD
Saudi Aramco will supply 12.3 million b/d of crude to the market during the coming months,
2020, March, 19, 12:10:00
CHINA'S OIL IMPORTS UP TO 10 MBD
China’s annual crude oil imports in 2019 increased to an average of 10.1 million barrels per day (b/d), an increase of 0.9 million b/d from the 2018 average
2020, March, 19, 12:05:00
ENERGY STORAGE: DIVERSE LANDSCAPE
Podcast/Audio - What the issues and market-specific variables that make energy storage such a diverse landscape?
2020, March, 18, 12:30:00
OIL PRICE: ABOVE $28
Brent was trading down 43 cents, or 1.5%, at $28.30 a barrel , WTI was down 47 cents, or 1.7%, at $26.48 a barrel
2020, March, 18, 12:25:00
GLOBAL STOCKS DOWN
Euro Stoxx 50 futures fell 4.5%, boding ill for European stock markets.
2020, March, 18, 12:10:00
SAUDI ARABIA'S OIL 12 MBD
"Saudi Aramco can sustain low oil prices for a long time," Aramco CEO Amin Nasser said on an earnings call. "We are very comfortable with a $30/b price [and] can meet our dividend and shareholder expectations at $30/b and even lower."
2020, March, 18, 12:05:00
IRAQ CALLS OPEC+
Saudi Arabia and Russia have signaled plans to boost production, causing oil prices to nosedive.
2020, March, 18, 12:00:00
OMAN'S OIL UP TO 1 MBD
Oman pumped 970,500 b/d of crude and condensate in December 2019, according to its ministry of oil and gas, but will be boosting volumes to its full capacity of 1 million b/d over the next few months,
2020, March, 18, 11:55:00
U.S. LNG PROBLEMS
the LNG industry was already under pressure from low international prices and weaker-than-expected demand in key end-user markets.
2020, March, 18, 11:50:00
21 REACTORS FOR INDIA
The rapid growth of nuclear in India is illustrated by the construction of 21 nuclear reactors to increase the power generation to 15,7 GW by 2031 in Mahi Banswara, Gorakhpur, Kudankulam, Rawatbhata, Kakrapar, Chutka-Madhya, and Kalpakkam (Fast Breeder).
2020, March, 18, 11:45:00
U.S. INDUSTRIAL PRODUCTION UP 0.6%
U.S. industrial production rose 0.6 percent in February after falling 0.5 percent in January
2020, March, 17, 13:30:00
OIL PRICE: NEAR $30
Brent crude was 0.5% lower at $29.91 a barrel , WTI crude reversed most of its earlier 4.7% gains to stand at $29.04 a barrel.
2020, March, 17, 13:25:00
IMF OFFERS HELP $1 TLN
The IMF stands ready to mobilize its $1 trillion lending capacity to help our membership.
2020, March, 17, 13:20:00
U.S. PRODUCTION: OIL +18 TBD, GAS (-188) MCFD
Crude oil production from the major US onshore regions is forecast to increase 18,000 b/d month-over-month in March from 9,057 to 9,075 thousand barrels/day, gas production to decrease 188 million cubic feet/day from 85,167 to 84,979 million cubic feet/day .
2020, March, 16, 10:50:00
OIL PRICE: ABOVE $31
Brent crude fell $1.13 to $32.72 a barrel , WTI crude was at $31.01, down 72 cents after slipping below $30 earlier in the session