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News
2019, April, 19, 09:45:00

OIL PRICE: NEAR $72 YET

Oil futures edged up on Thursday as a drop in crude exports from OPEC’s de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices.

News
2019, April, 19, 09:40:00

U.S. OIL PRODUCTION 12.1 MBD

the U.S. sustained its position as the world’s leading oil producer, continuing a pace of 12.1 million barrels a day (mb/d), matching February 2019. In addition, petroleum demand in March was the strongest for that month in more than a decade at 20.7 mb/d.

News
2019, April, 19, 09:35:00

VENEZUELA'S, RUSSIA'S OIL

Since January, Maduro’s administration has been in talks with allies in Moscow about ways to circumvent a ban on clients paying PDVSA in dollars, the sources said. Russia has publicly said the U.S. sanctions are illegal and it would work with Venezuela to weather them.

News
2019, April, 19, 09:30:00

TURKEY, US ENERGY COOPERATION

Alparslan Bayraktar, deputy minister of energy and natural resources, stated that there is great potential for the natural gas market between Turkey and the U.S., in an address at the 37th Annual Conference on Turkey-U.S. Relations organized by the Turkey-U.S. Business Council (TAİK) and the American Turkish Council (ATC) in the U.S. capital Washington, D.C.

News
2019, April, 19, 09:25:00

AUSTRALIA'S LNG PRODUCTION UP 11%

Australia's largest gas producer, Woodside, Thursday said LNG production from its three facilities rose 11% year on year in the January-March quarter, and maintained its 2019 production guidance.

News
2019, April, 19, 09:20:00

U.S. NUCLEAR SECURITY

The US Department of Commerce (DOC) on 15 April submitted to the White House the results of an investigation into the effects of uranium imports on US national security. US President Donald Trump now has up to 90 days to decide whether to act on the DOC's findings and recommendations, which have not been made public.

News
2019, April, 19, 09:15:00

S.KOREA RENEWABLE ENERGY

South Korea's economy has been pushing to shed its heavy reliance on coal and nuclear power, with the latest target coming on top of a 2017 plan to increase the amount of renewables in its energy mix to 20 percent by 2030.

News
2019, April, 19, 09:10:00

UAE GDP WILL UP 4.7%

The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.

News
2019, April, 19, 09:05:00

U.S. TRADE DEFICIT $49.4 BLN

the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January,

News
2019, April, 19, 09:00:00

U.S. RIGS DOWN 10 TO 1,012

BHGE - U.S. Rig Count is down 10 rigs from last week to 1,012, with oil rigs down 8 to 825, gas rigs down 2 to 187, and miscellaneous rigs unchanged at 0. Canada Rig Count unchanged from last week at 66, with oil rigs up 1 to 19 and gas rigs down 1 to 47.

News
2019, April, 17, 11:45:00

OIL PRICE: NEAR $72

Oil prices rose for a second day on Wednesday on signs of strong demand from refineries in China, the world’s second-largest crude user, amid tightening supply as producers curtail output and as oil inventories in the United States fell unexpectedly.

News
2019, April, 17, 11:35:00

OIL PRICES: TROUBLED WATERS

On BRENT ;The Bulls are still gathering through the 71.72$ price mark. A hold of the 63.45$ price mark indicates a strong bull market in the June WTI Futures market,a fall below creates a range bound trade.

News
2019, April, 17, 11:25:00

U.S. ENERGY CONSUMPTION UP 4%

U.S. EIA - Primary energy consumption in the United States reached a record high of 101.3 quadrillion British thermal units (Btu) in 2018, up 4% from 2017 and 0.3% above the previous record set in 2007. The increase in 2018 was the largest increase in energy consumption, in both absolute and percentage terms, since 2010.

News
2019, April, 17, 11:22:00

21ST AFRICA ENERGY FORUM | 11-14TH JUNE | PORTUGAL

The Africa Energy Forum (AEF) is the global investment meeting for Africa’s power, energy, infrastructure and industrial sectors.

News
2019, April, 17, 11:20:00

U.S. PRODUCTION: OIL + 85 TBD, GAS + 883 MCFD

U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 80,000 b/d month-over-month in April from 8,380 to 8,460 thousand barrels/day , gas production to increase 907 million cubic feet/day from 78,930 to 79,837 million cubic feet/day .

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