News
2020, June, 15, 13:00:00
U.S. RIGS DOWN 5 TO 279
U.S. Rig Count is down 5 rigs from last week to 279, Canada Rig Count is unchanged from last week at 21
2020, June, 11, 10:25:00
OIL PRICE: ABOVE $40 AGAIN
Brent fell 3.4%, or $1.42, to $40.31 a barrel, WTI dropped 4%, or $1.60, to $38 a barrel,
2020, June, 11, 10:20:00
U.S. OIL INVENTORIES UP BY 5.7 MB TO 538.1 MB
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 5.7 million barrels from the previous week. At 538.1 million barrels, U.S. crude oil inventories are about 14% above the five year average for this time of year.
2020, June, 11, 10:15:00
OIL MARKET DEFICIT 4 MBD
The imbalance is forecast to reach 4.6 million bpd in July, 4.2 million bpd in August
2020, June, 11, 10:12:00
OIL PRICE CAP
A decisive close below 36.25$/barrel will prompt a seemingly BEARISH move towards the low price 30$/barrel range and a maximum test at 29.00$/barrel support zone.
2020, June, 11, 10:10:00
U.S. FEDERAL FUNDS RATE 0-0.25% ANEW
the Committee decided to maintain the target range for the federal funds rate at 0 to 1/4 percent.
2020, June, 11, 10:05:00
NIGERIA AGREES TO OPEC+
"Our oversupply was a little less than 100,000 b/d against the agreed numbers, and so that is not really that significant," Kyari said.
2020, June, 11, 10:00:00
ASIA STOCKS DOWN
Japan’s Nikkei slid 2.1% in its largest daily loss in five weeks, while Chinese blue chips eased 1.0%.
2020, June, 11, 09:55:00
GLOBAL RENEWABLES INVESTMENT $282 BLN
The United States invested $55.5 billion in 2019, up 28% from the year before
2020, June, 11, 09:50:00
BRITAIN'S NUCLEAR CHANGES
the research and innovation needed for nuclear energy to play a significant role in the Britain's future low-carbon and secure energy mix,
2020, June, 11, 09:45:00
U.S. SOLAR POWER UP
The U.S. solar industry will install 18 gigawatts this year, enough to power more than 3 million homes,
2020, June, 10, 13:00:00
OIL PRICE: ABOVE $40 YET
Brent fell 70 cents, or 1.7%, to $40.48 a barrel, WTI dropped 98 cents, or 2.5%, to $37.96.
2020, June, 10, 12:55:00
OIL PRICES 2020-21: $37-$48
monthly Brent prices will average $37/b during the second half of 2020 and rise to an average of $48/b in 2021.
2020, June, 10, 12:50:00
GOLD PRICES UP ANEW
Spot gold was up 0.1% at $1,716.11 per ounce, U.S. gold futures rose 0.2% to $1,725.
2020, June, 10, 12:45:00
GAZPROM LNG COMPLEX
Gazprom and RusGazDobycha are implementing the project for a natural gas processing and liquefaction complex near the settlement of Ust-Luga,