News
2021, February, 12, 12:15:00
GLOBAL OIL DEMAND + 5.8 MBD
For 2021, oil demand is now anticipated to increase by 5.8 mb/d, revised down by around 0.1 mb/d from last month’s projection, to average 96.1 mb/d.
2021, February, 12, 12:10:00
U.S. OIL INVENTORIES DOWN 6.6 MB TO 469.0 MB
U.S. commercial crude oil inventories decreased by 9.9 million barrels to 476.7 million barrels.
2021, February, 12, 12:05:00
OIL REVENUES WILL DOWN $9 TLN
OPEC has long maintained that oil will remain a dominant energy source in the decades to come.
2021, February, 12, 11:55:00
OIL ISN'T ENOUGH FOR $3 TRLN
To meet the global cumulative demand over the next 30 years, undeveloped and undiscovered resources totaling 313 billion barrels of oil need to be added to currently producing assets.
2021, February, 12, 11:50:00
TURKEY IS STRATEGICALLY IMPORTANT
Turkey is a strategic European Union ally that helps the bloc's security and stability and provides diversification of energy resources,
2021, February, 12, 11:40:00
CHINA'S CLEAN ENERGY 40%
China grid companies will steadily increase the amount of power purchased from clean generation sources from 28.2% in 2020 to 40% by 2030,
2021, February, 12, 11:35:00
BRAZIL SOLAR POWER 4.7 GW
According to the Brazilian Association for Distributed Generation (ABGD), the DG segment will grow by over 50% during this year, closing 2021 with an installed capacity of more than 7GW.
2021, February, 11, 14:30:00
OIL PRICE: NEAR $61 YET
Brent fell 35 cents, or 0.6%, to $61.12 a barrel. WTI slid 34 cents, or 0.6%, to $58.34 a barrel.
2021, February, 11, 14:25:00
U.S. OIL IMPORTS WILL UP
U.S. increases in net crude oil imports in 2021 and 2022 because domestic crude oil production and inventory draws alone will not meet the needs of U.S. refineries.
2021, February, 11, 14:20:00
GLOBAL INDEXES UP AGAIN
European stocks opened higher, with the STOXX 600 and London’s FTSE 100 up 0.3%. That followed a subdued Asian session as markets in China, Japan, South Korea and Taiwan were closed for holidays.
2021, February, 11, 14:15:00
U.S. RENEWABLE CORPORATE SALES 10.6 GW
"Amazon is on a path to run on 100% renewable energy by 2025 — five years ahead of our original target of 2030," Hurst said.
2021, February, 11, 14:10:00
SHELL OIL PRODUCTION WILL DOWN
An expected gradual reduction in oil production of around 1-2% each year, including divestments and natural decline.
2021, February, 11, 14:05:00
TURKEY'S AKKUYU WILL WORK AT 2026
Russia and Turkey signed an intergovernmental agreement in May 2010 for the construction of the Akkuyu nuclear power plant on the southern coast of Turkey in Mersin province,
2021, February, 11, 14:00:00
TOTAL NET LOSS $7.2 BLN
Total preserves its financial strength with a gearing of 21.7% at the end of 2020.
2021, February, 10, 12:00:00
OIL PRICE: NEAR $61 ANEW
Brent was down by 1 cent at $61.08. WTI dropped 8 cents to $58.28.
