News
2020, July, 3, 11:00:00
U.S. RIGS DOWN 2 TO 263
U.S. Rig Count is down 2 rigs from last week to 263, Canada Rig Count is up 5 rigs from last week to 18
2020, July, 2, 12:05:00
OIL PRICE: NOT ABOVE $43
Brent was up 25 cents or 0.6% at $42.28 a barrel, WTI rose 25 cents, or 0.6%, to $40.07 a barrel
2020, July, 2, 12:00:00
SAUDI ARAMCO'S OPTIMISM
There are different forecasts looking at between 95 and 97 MMbd by year-end
2020, July, 2, 11:55:00
IRAQ OIL EXPORTS DOWN
Iraq oil exports fell to an average of 2.816 million b/d, in line with projections made in June by Oil Minister Ihsan Ismaael
2020, July, 2, 11:50:00
U.S. OIL INVENTORIES DOWN BY 7.2 MB TO 533.5 MB
U.S. commercial crude oil inventories decreased by 7.2 million barrels from the previous week.
2020, July, 2, 11:45:00
U.S. NONFOSSIL SOURCES: 20%
About 20% of U.S. energy consumption in 2019 came from sources other than fossil fuels
2020, July, 2, 11:40:00
LNG FOR INDIA: 1 MLN TONS
India wants to raise the share of natural gas in its energy mix from to 15% by 2030 from 6.2% now and is scouting for affordable gas for its price-sensitive customers.
2020, July, 2, 11:35:00
NEW FRANCE'S NUCLEAR
SFEN recommends that France includes the project to construct a series of three pairs of reactors in its post-COVID recovery plan and confirms the launch of the project at the end of the investigation in mid-2021. It also says the European Union should include new nuclear in the Green Deal and associated plans for financial mechanisms.
2020, July, 2, 11:30:00
GERMANY WITHOUT COAL €40 BLN
The government intends to make German power generation free of hard coal by 2033.
2020, July, 2, 11:20:00
CHINA'S INDEXES UP AGAIN
China's Shanghai Composite Index gained 2.1% to 3,090.57.
2020, July, 2, 11:10:00
DEBT FOR EGYPT: $5.2 BLN
The IMF approved a 12-month Stand-by Arrangement (SBA), with total access of about US$5.2 billion to address balance of payments financing needs arising from the COVID-19.
2020, July, 2, 11:05:00
UZBEKISTAN'S RENEWABLE ENERGY GOAL
Uzbekistan set an ambitious goal of reaching 3 GW wind and 5 GW solar power capacities by 2030. In light of recent developments, these goals look quite achievable.
2020, June, 30, 13:00:00
OIL PRICE: NEAR $41 AGAIN
Brent fell 22 cents, or 0.5%, to $41.63 a barrel, WTI was down 27 cents, or 0.7%, at $39.43 a barrel.
2020, June, 30, 12:55:00
ASIA'S SHARES UP
MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.51%,