2019, June, 13, 16:15:00SAUDI ARAMCO NET INCOME $111 BLN
Saudi Aramco is the world’s largest integrated oil and gas company; its upstream operations are based in the Kingdom of Saudi Arabia and it also operates a global downstream business. Headquartered in the city of Dhahran, the company operates in eight locations within the Kingdom and 20 locations overseas, and employs around 76,000 people.
2019, June, 13, 16:05:00NORWAY'S GDP UP 2%
Norway’s economic momentum remains strong, supported by higher oil prices, competitiveness gains stemming from the weaker krone, and a robust labor market. After growing by 2.2 percent in 2018, mainland economic activity is expected to accelerate further and rise by about 2.5 percent this year, before growth slows to 2.1 percent in 2020.
2019, June, 13, 16:00:00RENEWABLE ENERGY: 11 MLN JOBS
The widespread adoption of renewable energy technologies creates employment opportunities up and down the supply chain. Worldwide, the sector employed 11 million people at the end of 2018, according to this sixth edition of the Renewable Energy and Jobs series.
2019, June, 11, 10:35:00OIL PRICE: NOT ABOVE $63
Front-month Brent crude futures were at $62.56 at 0707 GMT, up 27 cents, or 0.4%, from Monday’s close. U.S. West Texas Intermediate (WTI) crude futures were at $53.75 per barrel, 49 cents, or 0.9%, above their last settlement.
2019, June, 11, 09:30:00U.S. UNEMPLOYMENT 3.6%
Total nonfarm payroll employment edged up in May (+75,000), and the unemployment rate remained at 3.6 percent, the U.S. Bureau of Labor Statistics reported.
2019, June, 11, 09:25:00WORLDWIDE RIG COUNT UP 42 TO 2,182
BHGE - The worldwide rig count for May 2019 was 2,182, up 42 from the 2,140 counted in April 2019, and up 86 from the 2,096 counted in May 2018.
2019, June, 11, 09:20:00U.S. RIGS DOWN 9 TO 975
BHGE - U.S. Rig Count is down 9 rigs from last week to 975, with oil rigs down 11 to 789, gas rigs up 2 to 186, and miscellaneous rigs unchanged at 0. Canada Rig Count is up 18 rigs from last week to 103, with oil rigs up 15 to 59 and gas rigs up 3 to 44.
2019, June, 7, 12:25:00OIL PRICE: NEAR $63
Brent crude futures were up $1.35 at $63.02 a barrel by 0757 GMT. WTI crude futures were up $1.10 at $53.69 per barrel.
2019, June, 7, 12:15:002018 GAS DEMAND FASTEST UP
Demand for natural gas grew 4.6% in 2018, its fastest annual pace since 2010, according to the IEA’s latest annual market report,
2019, June, 7, 11:55:00U.S. LNG TO EUROPE UP
U.S. exports of liquefied natural gas (LNG) to Europe have increased substantially since October 2018, averaging 1.9 billion cubic feet per day (Bcf/d) in the winter of 2018–19 compared with 0.1 Bcf/d in the winter of 2017–18.
2019, June, 7, 11:35:00U.S. TRADE DEFICIT UPDOWN ANEW
Year-to-date, the goods and services deficit increased $4.1 billion, or 2.0 percent, from the same period in 2018. Exports increased $8.3 billion or 1.0 percent. Imports increased $12.4 billion or 1.2 percent.
2019, June, 6, 15:40:00OIL PRICE: ABOVE $61 YET
Brent crude futures were at $60.50 at 0108 GMT. That was 13 cents, or 0.2%, below last session’s close. WTI crude futures were at $51.62 per barrel, 6 cents, or 0.1%, below their last settlement.
2019, June, 6, 15:20:00RUSSIA, CHINA ENERGY LINKS
Over the last decade Russia and China have significantly increased their energy links, with Russia ramping up supplies of crude and gas, and attracting Chinese investment into major new energy projects.
2019, June, 6, 14:55:00U.S. OIL INVENTORIES UP 6.8 MB
US crude oil inventories for the week ended May 31, excluding the Strategic Petroleum Reserve, increased by 6.8 million bbl from the previous week, according to data from the US Energy Information Administration.
2019, June, 6, 14:50:00U.S. COAL IS CHEAPER
The new analysis finds that, on average, the levelised cost of electricity from the coal fleet is less than the levelised cost of new natural gas combined cycle (NGCC), new wind and new solar.