News
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
2020, March, 13, 12:35:00
OIL PRICES: NO EXIT
Saudi Arabia and Russia launched a war for market share, flooding global markets with crude. Oil traded in New York was trading at $30.76 a barrel in aftermarket hours on Thursday, down more than 2%.
2020, March, 13, 12:30:00
U.S. STOCK INDEXES DOWN
The benchmark S&P 500 and the Nasdaq have lost over a quarter of their value since reaching record closing highs just 16 sessions ago, as nations around the world grapple with how to contain the fast-moving coronavirus and its economic effects.
2020, March, 13, 12:25:00
U.S. ENERGY BONDS: $110 BLN
The falls in the bonds come in the wake of the failure of Opec and Russia late last week to agree a deal on cutting production,
2020, March, 13, 12:20:00
RUSSIA FOR U.S. SHALE: $570 BLN
Moscow’s decision to withdraw last week from a pact with Saudi Arabia to limit crude production, sparking an oil war that sent prices crashing 30 per cent on Monday, upending global markets.
2020, March, 13, 12:15:00
U.S. SANCTIONS FOR RUSSIA
Rosneft Trading and TNK Trading handled a "large percentage" of Venezuela's oil exports in 2019
