2020, March, 31, 13:50:00OIL PRICE: NEAR $23 YET
Brent was up by 61 cents, or 2.7%, at $23.37 a barrel, WTI was up by $1.04, or 5.2%, at $21.13 a barrel
2020, March, 31, 13:45:00PUTIN, TRUMP DISCUSSED OIL MARKET
Putin and Trump discussed the oil market at a time when prices continue to tumble due to the collapse of the OPEC+ crude production cut agreement, and the major economic impact of the coronavirus pandemic.
2020, March, 31, 13:40:00WORLD STOCKS UP
Stocks have rallied since the start of last week but remain down more than 20% for the quarter.
2020, March, 31, 13:35:00$2.5 TLN FOR COVID
The economic fallout from COVID-19 is likely to get “much worse” before it gets better for some six billion people living in developing economies, the UN said on Monday, in an appeal for a $2.5 trillion rescue package to boost their resilience to further hardship.
2020, March, 31, 13:30:00IRAQ'S OIL PRICE $20
Iraq is selling around 70% of its crude exports to Asia,
2020, March, 31, 13:25:00PAKISTAN REDUCES LNG
Pakistan has long-term contracts for the import of eight LNG cargoes per month on a take-or-pay basis, and out of these five are from Qatar, a government spokesman said, adding that the Qatari volumes had been reduced to three cargoes for April through mutual discussion, without invoking any force majeure.
2020, March, 31, 13:20:00KUWAIT GDP GROWTH 1.5%
Kuwait's nonoil growth strengthened to estimated 3 percent in 2019, propelled by government and consumer spending.
2020, March, 31, 13:15:00RUSHYDRO INVESTMENT PROGRAM RUB 634 BLN
Financing of RusHydro’s investment program for 2020-2025 amounts to RUB 634.04 bn, out of which RUB 430.4 bn is allocated for projects in the Far East. The investment program is balanced from the point of view of financing sources.
2020, March, 30, 10:30:00OIL PRICE: NEAR $23
Brent was down 5.8%, or $1.45, to $23.48 a barrel, WTI fell as far as $19.92, near an 18-year low hit earlier this month, and was last trading down 3.8%, or $0.82, at $20.69 a barrel.
2020, March, 30, 10:25:00#OilPriceWar AGAINST U.S.
A group of six U.S. senators wrote a letter to Secretary of State Mike Pompeo this week saying Saudi Arabia and Russia “have embarked upon economic warfare against the United States” and were threatening U.S. “energy dominance”.