News
2020, October, 8, 12:55:00
OIL PRICE: NOT BELOW $42 ANEW
Brent rose 59 cents, or 1.4%, to $42.58 a barrel, WTI added 45 cents, or 1.1%, to $40.40.
2020, October, 8, 12:50:00
U.S. OIL INVENTORIES UP BY 0.5 MB TO 492.9 MB
U.S. commercial crude oil inventories increased by 0.5 million barrels to 492.9 million barrels.
2020, October, 8, 12:45:00
NORD STREAM 2: POLISH PENALTY
UOKiK said its own investigation had shown that Gazprom, France's Engie, Austria's OMV, Shell, and Germany's Uniper and Wintershall Dea had concluded a number of agreements regarding financing for Nord Stream 2 without having first obtained its approval to establish a joint venture for the project.
2020, October, 8, 12:40:00
LNG: CHALLENGES & OPPORTUNITIES
The emergence of large-scale North American LNG exports has made it easier for low-cost US gas to reach Asia’s LNG importing markets.
2020, October, 8, 12:35:00
CHINA MERGES COAL
In 2019, China was the largest coal producer in the world, with an output of 3,691 Mt, followed by India (769 Mt) and the United States (640 Mt).
2020, October, 8, 12:30:00
NUCLEAR POWER FOR BRITAIN
The U.K. Treasury is looking at having “a portion of equity from the government being invested” as a way of backing nuclear energy, Energy Minister Kwsai Kwarteng said on a panel at the ruling Conservative Party conference.
2020, October, 8, 12:15:00
LNG FOR MYANMAR
Myanmar began its first LNG imports in June using small-scale vessels to supply emergency power projects that helped alleviate electricity shortages around the densely populated city of Yangon.
2020, October, 7, 10:40:00
OIL PRICE: NOT BELOW $42
Brent crude futures fell 30 cents, or 0.7%, to $42.35 a barrel, WTI crude oil futures declined 42 cents, or 1%, to $40.25 a barrel.
2020, October, 7, 10:35:00
OIL PRICES 2020-21: $42 - $47
monthly Brent spot prices will average $42/b during the fourth quarter of 2020 and will rise to an average of $47/b in 2021.
2020, October, 7, 10:30:00
ASIA'S STOCKS UP
MSCI’s broadest index of Asia-Pacific shares outside Japan crept 0.4% higher to a fresh two-week peak, led by a 1.3% gain in Australia where an expansionary budget lifted stocks.
2020, October, 7, 10:25:00
U.S. INTERNATIONAL TRADE DEFICIT $67.1 BLN
The U.S. goods and services deficit was $67.1 billion in August, up $3.7 billion from $63.4 billion in July, revised.
2020, October, 7, 10:20:00
U.S. COAL EXPORTS DOWN 41%
From the year-ago month, U.S. coal exports declined 41.3%. Over the eight months, exports were 44.6 million st, down 31% year on year.
2020, October, 7, 10:15:00
RUSSIA, U.S. URANIUM AGREEMENT
Amendments to the agreement include phased reductions of US imports of uranium from Russia as well as the periodic updating of the import quotas.