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2021, April, 19, 16:40:00
CHINA OIL PRODUCTS EXPORTS +31.7%
China's oil product exports are expected to rise by 31.7% year on year to around 54.7 million mt in 2021,
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2021, April, 14, 12:15:00
GLOBAL OIL DEMAND WILL UP BY 6 MBD
In 2021, world oil demand growth is expected to increase by about 6.0 mb/d y-o-y, representing an upward revision of about 0.1 mb/d from last month’s report.
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2021, April, 7, 10:35:00
OIL PRICES 2021-22: $65-60
EIA forecasts that Brent prices will average $65/b in the second quarter of 2021, $61/b during the second half of 2021, and $60/b in 2022.
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2021, March, 23, 15:05:00
NIGERIA'S OIL INVESTMENT $1.5 BLN
Nigeria has a total refining capacity of about 450 kb/d (22.5 Mt), but most of it is not operational.
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2021, March, 12, 11:55:00
GLOBAL OIL DEMAND WILL UP BY 5.9 MBD
For 2021, world oil demand is expected at 5.9 mb/d, to stand at 96.3 mb/d.
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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.
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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.
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2021, February, 9, 15:20:00
LUKOIL PRODUCTION +9.5%
In the fourth quarter of 2020 LUKOIL Group's average hydrocarbon production was 2,065 kboe per day, which is 9.5% higher quarter-on-quarter.
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2021, February, 5, 12:40:00
OIL REMAINS THE FUEL
Petroleum remains the most-consumed fuel in the United States, as energy-related carbon dioxide emissions dip through 2035 before climbing in later years.
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2021, January, 22, 11:20:00
U.S. GAS PRICES WILL UP
The annual natural gas spot price at the Henry Hub will rise 98¢ per million British thermal units (MMBtu) to average $3.01/MMBtu in 2021.
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2021, January, 20, 14:30:00
TURKEY GAS CONSUMPTION RECORD
Natural gas consumption countrywide increased both due to the rapidly falling temperatures and a rise in household gas consumption with time spent at home increased due to COVID-19 pandemic restrictions and lockdowns.
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2021, January, 19, 13:50:00
EU GAS MARKETS ARE CHANGING
The European Commission is planning to issue new proposals for gas legislation in the last quarter of 2021. EU gas markets are on the cusp of dramatic changes.
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2021, January, 18, 13:00:00
CHINA OIL THROUGHPUT UP
On a metric tons basis, the December throughput went up 2.8% from November and 2.1% from a year ago to 60 million mt.
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2021, January, 14, 14:10:00
RUSSIA'S ELECTRICITY CONSUMPTION DOWN
Electricity consumption in the Unified Energy System (UES) of Russia decreased by 2.4% in 2020.
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2021, January, 13, 13:50:00
OIL PRICES 2021-22: $53
Brent crude oil spot prices to average $53 per barrel (b) in both 2021 and 2022 compared with an average of $42/b in 2020.