News
2020, March, 19, 12:30:00
EUROPEAN CENTRAL BANK: €750 BLN
ECB announces €750 billion Pandemic Emergency Purchase Programme (PEPP)
2020, March, 19, 12:25:00
EURO BONDS DOWN
Government bond yields across the euro zone fell on Thursday after the European Central Bank stepped in with emergency stimulus measures to calm markets in the face of the coronavirus outbreak.
2020, March, 19, 12:20:00
SAUDI ARAMCO SUPPLIES 12 MBD
Saudi Aramco will supply 12.3 million b/d of crude to the market during the coming months,
2020, March, 19, 12:15:00
U.S., IRAN SANCTIONS AGAIN
The US State Department named nine entities Wednesday under new sanctions for continuing to trade petrochemicals with Iran.
2020, March, 19, 12:10:00
CHINA'S OIL IMPORTS UP TO 10 MBD
China’s annual crude oil imports in 2019 increased to an average of 10.1 million barrels per day (b/d), an increase of 0.9 million b/d from the 2018 average
2020, March, 19, 12:05:00
ENERGY STORAGE: DIVERSE LANDSCAPE
Podcast/Audio - What the issues and market-specific variables that make energy storage such a diverse landscape?
2020, March, 19, 12:00:00
RUSSIA,BANGLADESH NUCLEAR COOPERATION
Alexey Likhachev, Director General of ROSATOM met with Prime Minister Sheikh Hasina Wazed in the People's Republic of Bangladesh. During the meeting, the Parties discussed issues of bilateral cooperation while development and use of nuclear energy for peaceful purposes.
2020, March, 18, 12:30:00
OIL PRICE: ABOVE $28
Brent was trading down 43 cents, or 1.5%, at $28.30 a barrel , WTI was down 47 cents, or 1.7%, at $26.48 a barrel
2020, March, 18, 12:25:00
GLOBAL STOCKS DOWN
Euro Stoxx 50 futures fell 4.5%, boding ill for European stock markets.
2020, March, 18, 12:20:00
U.S. STIMULUS $850 BLN
The White House is proposing a roughly $850 billion economic rescue package Tuesday amid the coronavirus outbreak, a sweeping stimulus for businesses and taxpayers amid unseen since the Great Recession of 2008.
2020, March, 18, 12:15:00
FRANCE'S STIMULUS $50 BLN
Finance Minister Bruno Le Maire announced a €45 billion ($50 billion) aid package to help businesses and employees cope with the escalating health crisis and brace for a recession.
2020, March, 18, 12:10:00
SAUDI ARABIA'S OIL 12 MBD
"Saudi Aramco can sustain low oil prices for a long time," Aramco CEO Amin Nasser said on an earnings call. "We are very comfortable with a $30/b price [and] can meet our dividend and shareholder expectations at $30/b and even lower."
2020, March, 18, 12:05:00
IRAQ CALLS OPEC+
Saudi Arabia and Russia have signaled plans to boost production, causing oil prices to nosedive.
2020, March, 18, 12:00:00
OMAN'S OIL UP TO 1 MBD
Oman pumped 970,500 b/d of crude and condensate in December 2019, according to its ministry of oil and gas, but will be boosting volumes to its full capacity of 1 million b/d over the next few months,
2020, March, 18, 11:55:00
U.S. LNG PROBLEMS
the LNG industry was already under pressure from low international prices and weaker-than-expected demand in key end-user markets.