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, January, 21, 14:14:00
7TH MOZAMBIQUE MINING, OIL & GAS AND ENERGY CONFERENCE AND EXIBITION
Since 2008 MMEC has been covering the key developments, policies and projects in Mozambique’s extractive industries. It has become an important networking platform for all stakeholders by showcasing the huge opportunities in the Mining, Energy and Oil & Gas sectors and their ramification on the national economy.
2021, January, 21, 14:10:00
U.S. NUCLEAR DEVELOPMENT
The U.S. nuclear energy industry pulled out some big wins in 2020,
2021, January, 21, 14:05:00
ENERGY TRANSITION INVESTMENT $500 BLN
In 2020, global investment in the low-carbon energy transition totalled $501.3 billion, up from $458.6 billion in 2019 and just $235.4 billion in 2010.
2021, January, 21, 14:00:00
AKER, MAINSTREAM ACQUISITION €900 MLN
Mainstream Renewable Power is the largest independent developer in Chile and has significant assets in Africa.
2021, January, 21, 13:55:00
AUSTRALIA'S SANTOS PRODUCTION +18%
Record annual production of 89 mmboe, 18% above the prior year and at the top end of upgraded guidance provided in December
2021, January, 21, 13:50:00
TC ENERGY DISAPOINTED
TC Energy Corporation announced it is disappointed with the expected action to revoke the existing Presidential Permit for the Keystone XL pipeline.
2021, January, 20, 14:50:00
OIL PRICE: ABOVE $56 ANEW
Brent was up 42 cents, or 0.8%, to $56.32. WTI climbed 51 cents, or 1%, to $53.49.