Upstream
2020, October, 19, 14:50:00
OIL PRICE: NOT ABOVE $43 ANEW
Brent was down 30 cents, or 0.7%, to $42.63 a barrel, WTI was down 28 cents, or 0.7%, at $40.60.
2020, October, 19, 14:45:00
GLOBAL OIL DEMAND PEAK: 2040
"We see oil demand peaking in around 2040 as a result of a slowing economy, together with less fuel demand for cars, aircraft and ships."
2020, October, 19, 14:35:00
U.S. SHALE RECOVERY
US oil production is unlikely to return to a pre-pandemic peak of more than 13 million b/d,
2020, October, 19, 14:15:00
TURKEY GAS RESERVES UP
The increase in the reserves is the result of continued drilling to a depth of 4,775 meters in the Tuna-1 well, which located a third reservoir in addition to the two reservoirs identified at around 3,500 meters depth in earlier drilling.
2020, October, 19, 14:00:00
U.S. RIGS UP 13 TO 282
U.S. Rig Count is up 13 from last week to 282, Canada Rig Count is unchanged from last week at 80,
2020, October, 16, 13:10:00
OIL PRICE: NOT ABOVE $43 TILL
Brent dropped 38 cents, or 0.9%, to $42.78 a barrel, WTI slid 35 cents, or 0.9%, to $40.61 a barrel.
2020, October, 15, 13:50:00
OIL PRICE: NOT BELOW $42 TILL
Brent dropped 70 cents, or 1.6% to $42.62 a barrel, WTI were down 69 cents, or 1.7%, to $40.35.
2020, October, 15, 13:40:00
RUSSIA'S DRILLING WILL DOWN
The Russian oil-service market may halve in 2020-2021 compared to last year,
2020, October, 15, 13:10:00
ADNOC STRATEGIC PARTNERSHIP
Dr. Al Jaber also shared his perspective on the energy transition and outlined how ADNOC is preparing for the future energy landscape.
2020, October, 14, 12:10:00
OIL PRICE: NOT BELOW $42 STILL
Brent fell by 17 cents, or 0.4%, to $42.28 a barrel, WTI were down 18 cents, or 0.5%, to $40.02.
2020, October, 14, 12:00:00
OIL DEMAND WILL UP: 2020
OPEC and its allies, including Russia, are in the midst of a historic supply accord enacted during the depths of the coronavirus market meltdown
2020, October, 14, 11:55:00
OPEC PLANS TO REDUCE PRODUCTION
The 23-country OPEC+ alliance is in the midst of a 7.7 million b/d production
2020, October, 13, 15:20:00
OIL PRICE: NOT BELOW $42 YET
Brent rose 60 cents, or 1.4%, to $42.32 a barrel, WTI rose 63 cents, or 1.6%, to $40.06 a barrel.
2020, October, 13, 14:50:00
NOVATEK PRODUCTION +3.6%
Today, nuclear power plants generate 10% of the world's electricity. But they produce almost a third of all low-carbon electricity.
2020, October, 12, 11:55:00
OIL PRICE: NOT BELOW $42 AGAIN
Brent fell 41 cents to $42.44 a barrel, WTI was at $40.18 a barrel, down 42 cents.