March 2020
2020, March, 16, 10:35:00
U.S. STRATEGIC PETROLEUM RESERVE
Replenishing the Strategic Petroleum Reserve would enable the government to take as much as 77 million barrels off the world market.
2020, March, 16, 10:30:00
U.S. FEDERAL FUNDS RATE 0 - 0.25%
the Committee decided to lower the target range for the federal funds rate to 0 to 1/4 percent.
2020, March, 16, 10:25:00
UAE, SAUDI ARABIA INCENTIVES $40 BLN
The UAE's central bank announced a package of $27.3 billion, Saudi Arabia's central bank announced the same day a $13.3 billion package
2020, March, 16, 10:20:00
AFRICA HOPES FOR GAS
Africa hopes to exploit its 509.6 Tft3 of proven natural gas reserves, which amount to nearly 7.3% of global total reserves of 6,951.8 Tft3.
2020, March, 16, 10:15:00
INDONESIA, PHILIPPINES NUCLEAR POWER
Indonesia and the Philippines to be moving to revive dormant nuclear energy plans
2020, March, 16, 10:10:00
CHINA, FRANCE WIND INVESTMENT $1 BLN
The joint-venture project, with a total investment of 7.9 billion yuan (about 1.13 billion U.S. dollars), was the first of its kind in offshore wind power with both domestic and foreign investment, China Energy said.
2020, March, 16, 10:00:00
U.S. RIGS DOWN 1 TO 792
U.S. Rig Count is down 1 rig from last week to 792, Canada Rig Count is down 28 rigs from last week to 175
2020, March, 13, 12:40:00
OIL PRICE: ABOVE $34
Brent was up $1.12, or 3.4%, at $34.33 a barrel , WTI rose $1.17 cents, or 3.7%, to $32.66 per barrel
