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2014-08-29 18:30:00

OIL: RISKS DOWN, CONSUMPTION UP

OIL: RISKS DOWN, CONSUMPTION UP

July - August 2014

The U.S. Energy Information Administration (EIA) estimates that global oil inventory draws averaged 0.2 million barrels per day (bbl/d) in July and August, with inventories declining by 0.7 million bbl/d in July and building by 0.4 million bbl/d in August (Figure 1). The recent inventory builds are somewhat atypical for this time of year and signal a relatively loose global crude oil market compared with conditions over the past three years. Weaker oil demand and lower refinery runs compared to last year in European and Asian countries within the Organization for Economic Cooperation and Development (OECD) have reduced market tightness. Nevertheless, these…

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OIL: RISKS DOWN, CONSUMPTION UP
2019, April, 19, 09:15:00

S.KOREA RENEWABLE ENERGY

South Korea's economy has been pushing to shed its heavy reliance on coal and nuclear power, with the latest target coming on top of a 2017 plan to increase the amount of renewables in its energy mix to 20 percent by 2030.

OIL: RISKS DOWN, CONSUMPTION UP
2019, April, 19, 09:10:00

UAE GDP WILL UP 4.7%

The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.

OIL: RISKS DOWN, CONSUMPTION UP
2019, April, 19, 09:05:00

U.S. TRADE DEFICIT $49.4 BLN

the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January,

OIL: RISKS DOWN, CONSUMPTION UP
2019, April, 19, 09:00:00

U.S. RIGS DOWN 10 TO 1,012

BHGE - U.S. Rig Count is down 10 rigs from last week to 1,012, with oil rigs down 8 to 825, gas rigs down 2 to 187, and miscellaneous rigs unchanged at 0. Canada Rig Count unchanged from last week at 66, with oil rigs up 1 to 19 and gas rigs down 1 to 47.

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