Angola's oil production declined by 15% to 1.3 mb/d in 2020

Preliminary production figures for December 2020 show an average daily production of 2 135 000 barrels of oil, NGL and condensate.

U.S. Rig Count is up 5 from last week to 378, Canada Rig Count is up 11 from last week to 172.

Brent fell 58 cents, or 1.03%, to $55.52 a barrel. WTI dropped 65 cents, or 1.2%, to $52.48 a barrel.

The price of Brent crude oil to increase from its December 2020 average of $50 per barrel (b) to an average of $56/b in the first quarter of 2021. The Brent price is then expected to average between $51/b and $54/b on a quarterly basis through 2022.

Средняя цена на нефть Urals за период мониторинга с 15 декабря 2020 года по 14 января 2021 года составила $51,69525 за баррель, или $377,4 за тонну.

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.

Baker Hughes Company (NYSE: BKR) ("Baker Hughes" or the "Company") announced results for the fourth quarter and total year 2020.

Brent fell 47 cents, or 0.8%, to $55.61 a barrel. WTI fell 43 cents, or 0.8%, to $52.88 a barrel.

Brent was up 42 cents, or 0.8%, to $56.32. WTI climbed 51 cents, or 1%, to $53.49.

Brent rose 46 cents to $55.21 a barrel. WTI was at $52.40 a barrel, up 4 cents.

U.S. production of all fossil fuels—crude oil, coal, dry natural gas, and natural gas plant liquids (NGPL)—to increase in 2022, but forecast fossil fuel production will remain lower than the 2019 peak.

Brent fell 20 cents, or 0.4%, to $54.90 a barrel. WTI fell 20 cents, or 0.4%, to $54.90 a barrel.

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.

In 2020, NOVATEK’s hydrocarbon production totaled 608.2 million barrels of oil equivalent (boe),