Upstream
2020, August, 25, 14:20:00
IRAQ NEED 7 MBD
Iraq is under US pressure to wean itself off Iranian electricity and gas imports, needed due to power shortages and flaring of associated gas, which is also bound by production limits due to the country's attempted adherence to OPEC+ production cuts.
2020, August, 25, 14:10:00
NORWAY'S OIL & GAS PRODUCTION 2.062 MBD
Norway's preliminary production figures for July 2020 show an average daily production of 2 062 000 barrels of oil, NGL and condensate.
2020, August, 24, 12:45:00
OIL PRICE: BELOW $45
Brent was up 32 cents, or 0.7%, at $44.67 a barrel , WTI rose 31 cents, or 0.7%, to $42.65.
2020, August, 24, 12:25:00
TURKEY'S GAS DISCOVERY
Turkey's energy minister Fatih Donmez said seismic data indicated further reserves below the field.
2020, August, 24, 12:15:00
U.S. RIGS UP 10 TO 254
U.S. Rig Count is up 10 from last week at 254, Canada Rig Count is up 2 rigs from last week to 56
2020, August, 21, 11:35:00
OIL PRICE: NEAR $45 THOUGH
Brent were up 5 cents, or 0.1%, at $44.95 per barrel, WTI were unchanged at $42.82 per barrel
2020, August, 21, 11:30:00
ВЫСОКИЙ УРОВЕНЬ ИСПОЛНЕНИЯ СОГЛАШЕНИЯ
«Все страны согласились, уровень исполнения – 97% - это очень высокий уровень. Из тех 9,7 млн баррелей, сокращение которых было запланировано, было сокращено 9,4 млн барр»,
2020, August, 21, 11:25:00
OPEC+ : FRAGILE MARKET
OPEC+ underscored the fragility of the market and significant uncertainties, particularly associated with oil demand, and called for vigilance by all participating countries.
2020, August, 21, 11:20:00
SAUDI'S OIL PRODUCTION DOWN
Saudi Arabia pumped 7.484 million b/d in June, the lowest since December 2002, and down from 8.486 million b/d in May.
2020, August, 20, 14:45:00
OIL PRICE: NEAR $45 OVER
Brent was down 48 cents, or 1%, at $44.89 a barrel, WTI fell 34 cents, or 0.8%, at $42.59 a barrel.
2020, August, 20, 14:35:00
U.S. OIL INVENTORIES DOWN BY 1.6 MB TO 512.5 MB
U.S. commercial crude oil inventories decreased by 1.6 million barrels to 512.5 million barrels,
2020, August, 20, 14:25:00
CHINA'S OIL & GAS UP
On an average daily basis, the CNOOC oil and gas production volume was up 5.5% from 1.34 million boe/d in the same period of last year.
2020, August, 20, 14:20:00
OIL DEMAND 97%
it is estimated that the world will reach about 97% of pre-pandemic oil demand during the fourth quarter
2020, August, 19, 12:35:00
OIL PRICE: NEAR $45 STILL
Brent fell 40 cents, or 0.9%, to $45.06 a barrel, WTI were down 34 cents, or 0.8%, at $42.55 a barrel
2020, August, 18, 12:45:00
OIL PRICE: NOT ABOVE $46
Brent was down 18 cents, or 0.4%, at $45.19 a barrel, WTI was down 26 cents, or 0.6%, at $42.63 a barrel.