2019, December, 6, 13:05:00U.S. INTERNATIONAL TRADE DEFICIT $47.2 BLN
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $47.2 billion in October, down $3.9 billion from $51.1 billion in September,
2019, December, 6, 13:00:00U.S. COAL COMPANIES DOWN
The market capitalization of five of the top 10 U.S. coal companies was sliced by more than half from early January to mid-November 2019.
2019, December, 4, 12:40:00OIL PRICE: ABOVE $61
Brent were up 44 cents, or 0.7%, at $61.26, WTI were up by 38 cents, or 0.7%, at $56.48.
2019, December, 4, 12:37:00TO REDUCE EMISSIONS BY 7.6%
To limit global temperature rise to the necessary 1.5 degrees by the end of this century, we must reduce emissions by 45 per cent from 2010 levels by 2030, and we must achieve climate neutrality by 2050.
2019, December, 4, 12:25:00CHINA'S COAL REDUCING
The relaxing of curbs on coal power, combined with shrinking investment in solar and wind energy, have caused further alarm over carbon dioxide emissions in China.
2019, December, 4, 12:15:00U.S. SHALE OVER
They believe relentless US oil production growth will slow rapidly next year.
2019, December, 4, 12:10:00U.S. COAL EXPORTS DOWN
In the first nine months of 2019, US thermal exports were more than 10 million mt below the year-ago period's total, and vessel tracking data show October exports are expected to come in close to September levels.
2019, December, 4, 11:55:00SAUDI ECONOMY UP
The Saudi economy recorded its biggest increase in new work in more than four years in November according to a report from IHS Markit.
2019, December, 4, 11:50:00SAUDI ARAMCO IPO $44.3 BLN
In total, the Saudi government plans to sell 0.5% of Aramco to individual investors and the remainder to domestic institutions and international firms registered in the kingdom, known as qualified foreign investors.
2019, December, 4, 11:45:00ARAMCO NEED CUTTING
Russia, a key non-OPEC ally, has so far opposed deeper cuts or a longer extension. But Moscow has often taken a tough stance before every meeting before approving the policy. Sources said Saudi Arabia was working on convincing Russia.
2019, December, 2, 14:20:00OIL PRICE: NEAR $62
Brent rose $1.20 to $61.69 a barrel, WTI crude added $1.05 to $56.22.
2019, December, 2, 14:00:00RUSSIA'S OIL PRODUCTION 11.244 MBD
Russia agreed to reduce its output by 228,000 bpd to about 11.18 million bpd in 2019 as part of cuts by the group of producers, known as OPEC+, which agreed to cut their combined output by 1.2 million bpd or 1.2% of global demand.
2019, December, 2, 13:55:00RUSSIA'S GAS FOR CHINA: $400 BLN
The ‘Power of Siberia’ pipeline, due to open on Dec. 2, will pipe natural gas around 3,000 km (1,865 miles) from Russia’s Siberian fields to the fading industrial region, which has lagged the push to gas in China’s south and east.
2019, December, 2, 13:40:00CHINA'S COAL: THE MAJOR
“Since coal is still a major resource, we will continue to rely on coal when we need it - and right now for instance, the economy is slowing and renewables are still relatively weak,” said Lin Boqiang, dean of the China Institute for Energy Policy Studies.
2019, December, 2, 13:20:00INDIA'S RENEWABLE WILL UP
IEEFA forecasts India's cumulative renewable energy capacity to expand 17% year-on-year to 93.5GW by the end of 2019/20, adding a total of 13.5GW in 2019/20 (relative to just 5.7GW to-date).