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News
2020, March, 18, 12:05:00
IRAQ CALLS OPEC+
Saudi Arabia and Russia have signaled plans to boost production, causing oil prices to nosedive.
News
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,
News
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.
News
2020, March, 18, 11:50:00
21 REACTORS FOR INDIA
The rapid growth of nuclear in India is illustrated by the construction of 21 nuclear reactors to increase the power generation to 15,7 GW by 2031 in Mahi Banswara, Gorakhpur, Kudankulam, Rawatbhata, Kakrapar, Chutka-Madhya, and Kalpakkam (Fast Breeder).
News
2020, March, 18, 11:45:00
U.S. INDUSTRIAL PRODUCTION UP 0.6%
U.S. industrial production rose 0.6 percent in February after falling 0.5 percent in January
News
2020, March, 17, 13:30:00
OIL PRICE: NEAR $30
Brent crude was 0.5% lower at $29.91 a barrel , WTI crude reversed most of its earlier 4.7% gains to stand at $29.04 a barrel.
News
2020, March, 17, 13:25:00
IMF OFFERS HELP $1 TLN
The IMF stands ready to mobilize its $1 trillion lending capacity to help our membership.
News
2020, March, 17, 13:20:00
U.S. PRODUCTION: OIL +18 TBD, GAS (-188) MCFD
Crude oil production from the major US onshore regions is forecast to increase 18,000 b/d month-over-month in March from 9,057 to 9,075 thousand barrels/day, gas production to decrease 188 million cubic feet/day from 85,167 to 84,979 million cubic feet/day .
News
2020, March, 17, 13:15:00
EXXON REDUCE SPENDING
ExxonMobil is looking to significantly reduce spending as a result of market conditions caused by the COVID-19 pandemic and commodity price decreases,
News
2020, March, 17, 13:10:00
GERMANY'S RENEWABLE INVESTMENT €5 BLN
The German energy group RWE plans to invest €5bn to expand its renewable capacity by 2022, including €1bn in Germany.
News
2020, March, 16, 10:50:00
OIL PRICE: ABOVE $31
Brent crude fell $1.13 to $32.72 a barrel , WTI crude was at $31.01, down 72 cents after slipping below $30 earlier in the session
News
2020, March, 16, 10:45:00
OPEC - RUSSIA: NO DEAL
In April, Russia may fully return to production levels reached before the OPEC+ deal in October 2018, Novak said.
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.
News
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.
News
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