OIL PRICES: CONTINUED TO DECLINE
- Monthly average crude oil prices continued to decline during November. The average domestic crude oil first purchase price fell $7.76 (9.8 percent), to $71.07 per barrel.
- The average free-on-board (f.o.b.) cost of imported crude oil dropped $6.04 (7.9 percent), to $70.80 per barrel. The average landed cost of foreign crude oil declined $7.35 (9.1 percent), to $73.48 per barrel.
- The average refiner acquisition cost for domestic crude oil fell $9.65 (11.1 percent), to $77.08 per barrel. The average cost of imported crude oil…
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2020, August, 10, 11:35:00OIL PRICE: NEAR $45 AGAIN
Brent rose 34 cents, or 0.8%, to $44.74 a barrel , WTI were up 47 cents, or 1.1%, to $41.69 a barrel.
2020, August, 10, 11:30:00GLOBAL STOCKS UP
The broader Euro STOXX 600 rose 0.6%
2020, August, 10, 11:25:00OIL, GAS M&A
The top country in terms of M&A deals activity in Q2 2020 was the US with 83 deals, followed by China with 33 and Canada with 21.
2020, August, 10, 11:20:00U.S. EMPLOYMENT UP 1.8 MLN
U.S. employment rose by 1.8 million in July
2020, August, 10, 11:15:00SAUDI ARAMCO NET INCOME $23.2 BLN
The Saudi Arabian Oil Company (“Aramco” or “the Company”) announced its results for the second quarter and first half of 2020,
2020, August, 10, 11:10:00SAUDI ARAMCO INVESTMENT $13.6 BLN
Saudi Aramco capital expenditure was $6.2 billion in Q2 and $13.6 billion for the first half of 2020.
2020, August, 10, 11:09:00POWER PURCHASE AGREEMENT BANKABILITY
This PPA workshop will draw on a database of some 100 PPAs from across the world and all types of power generation technologies. We will further discuss a wide range of country and project case studies from emerging markets and compare them with international experience in the power sector.