2020-09-01 14:55:00
JAPAN OIL IMPORTS DOWN
PLATTS - 31 Aug 2020 - Japan's crude oil imports during the peak summer demand season in July tumbled to their lowest level for the month in more than five decades, a stern reminder to major crude producers that Asia's third biggest petroleum consumer may struggle to register any meaningful oil demand recovery during the pandemic.
Japan's July crude imports, which were the lowest for the month since 1967, plunged 31.9% year on year to 2.09 million b/d, according to preliminary data released Aug. 31 by the Ministry of Economy, Trade and Industry.
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Earlier:
2020, August, 28, 15:45:20
OIL PRICE: NOT BELOW $45 YET
Brent was down 7 cents to $44.99 a barrel, WTI were down 3 cents to $43.01 a barrel.
2020, August, 27, 13:55:00
OIL PRICE: NOT BELOW $45 AGAIN
Brent rose 6 cents, or, 0.1% to $45.70 a barrel, WTI fell 8 cents or 0.2% to $43.31 a barrel.
2020, August, 27, 13:50:00
U.S. OIL INVENTORIES DOWN BY 4.7 MB TO 507.8 MB
U.S. commercial crude oil inventories decreased by 4.7 million barrels to 507.8 million barrels,
2020, August, 26, 13:15:00
OIL PRICE: NEAR $46
Brent rose 2 cents to $45.88 a barrel , WTI fell 3 cents to $43.32.
2020, August, 26, 12:45:00
U.S. OIL MARKET UPDOWN
“Although the market remains uncertain, we saw encouraging signs in July with gradual rebalancing of oil supply and demand,” API Chief Economist Dean Forman said. “Increases in U.S. refinery throughput and capacity utilization in July – coupled with inventories receding from record highs – has reinforced expectations for the continued demand recovery.”
2020, August, 25, 14:30:00
OIL PRICE: NOT BELOW $45
Brent added 14 cents, or 0.3%, to $45.27 a barrel , WTI was down 4 cents, or 0.1%, at $42.58 a barrel.
2020, August, 24, 12:45:00
OIL PRICE: BELOW $45
Brent was up 32 cents, or 0.7%, at $44.67 a barrel , WTI rose 31 cents, or 0.7%, to $42.65.
Chronicle:
2021, May, 13, 17:34:00
7th INTERNATIONAL LNG CONGRESS REVEALS THE BUSINESS PROGRAM
The 7th International LNG Congress will be held on the 7th-8th of June in Madrid, Spain. LNG supply potential in Europe, usage of alternative fuels, vehicles mobility, marine transportation and storage, politics and financing in the market, and small- and large-scale LNG projects will be the main topics of the Congress.
2021, May, 13, 17:33:00
ELECTRICITY ECONOMICS IN CHANGING ELECTRICITY MARKETS 18 – 21 May 2021
Electricity Economics in Changing Electricity Markets
LIVE ONLINE COURSE OVER 4 SESSIONS
Commences: 18 May 2021 – 21 May 2021 (7am – 10am)
2021, May, 13, 17:30:00
TAIWAN OFFSHORE WIND 15 GW
Taiwan is expected to develop a total of 9 GW of offshore wind between 2026 and 2031 and 6 GW between 2032 and 2035.
2021, May, 13, 17:25:00
PAKISTAN HYDROPOWER 1.5 GW
The civil works contract is worth US$355m and full commissioning is scheduled in mid-2024.
2021, May, 13, 17:20:00
U.S. GDP UP 6.4%
Real gross domestic product (GDP) increased at an annual rate of 6.4 percent in the first quarter of 2021
2021, May, 13, 17:15:00
U.S. INTERNATIONAL TRADE DEFICIT UP TO $74.4 BLN
The U.S. goods and services deficit was $74.4 billion in March, up $3.9 billion from $70.5 billion in February
2021, May, 12, 13:05:00
OIL PRICE: NEAR $69
Brent climbed 18 cents, or 0.3% to $68.73 a barrel. WTI rose 20 cents, or 0.3%, to $65.48.