November 2020

U.S. Rig Count is up 4 from last week to 300, Canada Rig Count is unchanged from last week at 86

Brent was 48 cent, or 1.2%, lower at $40.45. WTI were down 52 cents, or 1.3%, at $38.27 a barrel.

U.S. commercial crude oil inventories decreased by 8.0 million barrels to 484.4 million barrels

Iraq pumped 3.842 million b/d in October, above September's 3.60 million b/d and its quota of 3.804 million b/d,

In total, $867 billion has been invested since 2015, when the Paris Agreement was struck to limit global warming.

The United States formally exited the Paris Agreement on Wednesday,

Pursuing the opportunities created by the “energy revolution” facing the world’s major economies should help to boost net profit by more than 40% from 2019 to 5 billion euros in 2025, Iberdrola said.

"In just two weeks, a new piece of infrastructure will be ready," Nassirov said, referring to the Trans-Adriatic Pipeline.

The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent

Brent Brent crude futures fell 64 cents, or 1.55%, to $40.59 a barrel, WTI were down 60 cents, or 1.53%, to $38.55 a barrel .