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2020, June, 26, 11:15:00
VIRTUAL POWER PLANTS
A virtual power plant (VPP) is one that connects a network of distributed energy resources (DERs) together using cloud-based control software to enable effective power generation and distribution.
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2020, June, 25, 14:15:00
OIL PRICE: NEAR $40 ANEW
Brent fell 13 cents, or 0.3%, to $40.18 a barrel, WTI declined 23 cents, or 0.6%, to $37.78 a barrel.
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2020, June, 25, 14:10:00
U.S. OIL INVENTORIES UP BY 1.4 MB TO 540.7 MB
U.S. commercial crude oil inventories increased by 1.4 million barrels from the previous week to 540.7 million barrels
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2020, June, 24, 12:55:00
OIL PRICE: NEAR $42
Brent slipped 47 cents, or 1.1%, to $42.16 a barrel, WTI fell 59 cents, or 1.5%, to $39.78 a barrel.
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2020, June, 24, 12:45:00
GECF, OPEC MEETING
Sentyurin met with his OPEC counterpart Mohammed Barkindo by teleconference June 22 for the inaugural technical meeting of the OPEC-GECF Energy Dialogue.
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2020, June, 23, 14:45:00
OIL PRICE: NEAR $44
Brent rose 49 cents, or 1.1%, to $43.57 a barrel, WTI was up 48 cents, or 1.2%, at $41.21 a barrel
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2020, June, 23, 14:25:00
SAUDI ARABIA, KUWAIT ARE WORKING
"Saudi Arabian Chevron (SAC) and its partner, Kuwait Gulf Oil Co., continue to prepare its operations at the Wafra field,"
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2020, June, 22, 12:30:00
OIL PRICE: ABOVE $42 ANEW
Brent rose 10 cents, or 0.2%, to $42.29 a barrel, WTI was at $39.87 a barrel, up 4 cents, or 0.1%.
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2020, June, 22, 11:45:00
U.S. RIGS DOWN 13 TO 266
U.S. Rig Count is down 13 rigs from last week to 266, Canada Rig Count is down 4 rigs from last week to 17
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2020, June, 19, 10:50:00
OIL PRICE: ABOVE $42
Brent rose 61 cents, or 1.5%, to $42.12 a barrel, WTI climbed 60 cents, or 1.5%, to $39.44 a barrel.
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2020, June, 18, 11:35:00
OIL PRICE: NOT ABOVE $41 STILL
Brent were up 2 cents at $40.73 a barrel, WTI dropped 14 cents to $37.82 a barrel.
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2020, June, 18, 11:20:00
WORLD OIL DEMAND WILL FALL BY 9 MBD
World oil demand is projected to decrease by 9.1 mb/d in 2020, unchanged from the previous month’s assessment. The COVID-19 pandemic has negatively affected global economic activities, eliminating global oil demand growth potential and leading to a y-o-y decline of 6.4 mb/d in 1Q20 and by 17.3 mb/d y-o-y in 2Q20.
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2020, June, 18, 11:15:00
U.S. OIL INVENTORIES UP BY 1.2 MB TO 539.3 MB
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.2 million barrels from the previous week. At 539.3 million barrels, U.S. crude oil inventories are about 15% above the five year average for this time of year.
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2020, June, 17, 12:50:00
OIL PRICE: NOT ABOVE $41 ANEW
Brent was up 29 cents, or 0.7%, at $41.25 a barrel, WTI rose 17 cents, or 0.4%, to $38.55 a barrel.
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2020, June, 17, 12:45:00
SAUDI ARABIA: THE TOP
Saudi Arabia exported nearly 11 million barrels of oil per day, a record, and the US about 8.6 million barrels.