September 2018

REUTERS - Venezuela gave China another stake in the OPEC nation’s oil industry and signed several other deals in the energy sector, but Beijing made no mention of new funds for Caracas during President Nicolas Maduro’s visit to his key financier on Friday.

WNN - The future of nuclear energy depends on the industry’s readiness to address the seven factors influencing its prospects, the deputy director general of the International Atomic Energy Agency (IAEA) told delegates at the World Nuclear Association Symposium 2018 held in London last week.

WNN - The UK's National Nuclear Laboratory (NNL) and the US Department of Energy's Oak Ridge National Laboratory (ORNL) have agreed to cooperate on nuclear energy research. The announcement came as the UK and USA signed a nuclear R&D action plan.

FRB - Industrial production rose 0.4 percent in August for its third consecutive monthly increase. Manufacturing output moved up 0.2 percent on the strength of a 4.0 percent rise for motor vehicles and parts; motor vehicle assemblies jumped to an annual rate of 11.5 million units, the strongest reading since April. Excluding the gain in motor vehicles and parts, factory output was unchanged.

BAKER HUGHES A GE - U.S. Rig Count is up 7 rigs from last week to 1,055, with oil rigs up 7 to 867, gas rigs unchanged at 186, and miscellaneous rigs unchanged at 2. Canada Rig Count is up 22 rigs from last week to 226, with oil rigs up 15 to 148 and gas rigs up 7 to 78.

REUTERS - Brent crude was up 3 cents at $78.21 a barrel by 0634 GMT, after falling 2 percent on Thursday. The global benchmark rose on Wednesday to its highest since May 22 at $80.13. U.S. West Texas Intermediate (WTI) futures were up 18 cents, or 0.2 percent, at 68.76 a barrel, after dropping 2.5 percent on Thursday.

IEA - If Venezuelan and Iranian exports do continue to fall, markets could tighten and oil prices could rise without offsetting production increases from elsewhere.

МИНЭНЕРГО РОССИИ - «Россия уверена в своей конкурентоспособности по поставкам газа в Европу, мы не боимся конкуренции с СПГ из США и не предпринимаем никаких мер, чтобы этот газ не поставлялся в Европу. В данном случае мы говорим, что в условиях глобализации газового рынка потребитель выигрывает от большого количества поставщиков.», - подчеркнул российский Министр.

REUTERS - U.S. shale producers are locking in prices for their production as much as three years into the future in a sign that strong domestic crude pricing is nearing a peak, according to market sources familiar with money flows.

МВФ - Экономика России восстанавливается после спада 2015–2016 годов благодаря действенным ответным мерам официальных органов и более высоким ценам на нефть. Объем производства вырос в 2017 году на 1,5 процента благодаря устойчивому внутреннему спросу, но не достиг ожидаемых темпов. Инфляция упала существенно ниже целевого показателя ЦБ РФ в 4 процента, это вызвано более слабым, чем ожидалось, восстановлением экономики, жесткой денежно-кредитной политикой, а также временными эффектами, сказавшимися на ценах на продовольствие и энергоресурсы.