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2018, September, 24, 15:00:00
U.S. RIGS DOWN 2 TO 1,053
BAKER HUGHES A GE - U.S. Rig Count is down 2 rigs from last week to 1,053, with oil rigs down 1 to 866, gas rigs unchanged at 186, and miscellaneous rigs down 1 to 1. Canada Rig Count is down 29 rigs from last week to 197, with oil rigs down 13 to 135 and gas rigs down 16 to 62.
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2018, September, 21, 10:55:00
RUSSIA'S OIL PRODUCTION: 11.3 MBD
BLOOMBERG - Russia's oil output is currently fluctuating between 1.54 million and 1.55 million tons a day -- driven mainly by state-run giant Rosneft PJSC -- the official said, asking not to be named as the information isn’t public yet. That equates to 11.29 million to 11.36 million barrels a day, beating the previous record of 11.25 million barrels a day set in October 2016 before Russia agreed with the Organization of Petroleum Exporting Countries to cut production.
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2018, September, 21, 10:45:00
UNEXPECTED OIL PRICES
SHANA - What is common in oil market is that no price levels could be forecast for the future there. Only its unpredictability is predictable. Rarely may you find an expert to say with full certainty in which direction oil prices are headed.
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2018, September, 21, 10:40:00
OIL MARKET UNCERTAINTY
PLATTS - 1.4 million b/d of Iranian oil supplies to leave the market by November, when the US sanctions go into force. Venezuela, which pumped 1.22 million b/d in August could see output fall to 1 million b/d in 2019. Politically unstable Libya also presents a supply risk.
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2018, September, 21, 10:35:00
OPEC-NON-OPEC DECISIONS
SHANA - Iran’s Minister of Petroleum Bijan Zangeneh said the Joint OPEC/Non-OPEC Ministerial Monitoring Committee (JMMC) is not legally competent to make decisions about adjustment of production quotas.
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2018, September, 21, 10:30:00
U.S. CAPITAL EXPENDITURES UP
U.S. EIA - Second-quarter 2018 financial results for 45 U.S. oil exploration and production companies that the U.S. Energy Information Administration (EIA) regularly tracks reveal that most companies increased their capital expenditure budgets for 2018 compared with initial budgets made at the beginning of the year.
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2018, September, 21, 10:20:00
WORLD OIL DEMAND: 100.23 MBD
OPEC - Total oil demand for 2018 is now estimated at 98.82 mb/d. In 2019, world oil demand growth is forecast to rise by 1.41 mb/d. Total world oil demand in 2019 is now projected to surpass 100 mb/d for the first time and reach 100.23 mb/d.
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2018, September, 19, 13:39:00
SAUDIS OIL PRODUCTION: 10.42 MBD
PLATTS - Saudi production has since risen to 10.42 million b/d in August, the country reported to OPEC in the organization's most recent monthly oil market report. Saudi Arabia's crude oil stocks, which have been declining steadily over the last three years, fell to 229.41 million barrels in July, down 11.4% since May 2017, the JODI data showed.
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2018, September, 19, 13:35:00
U.S. PRODUCTION: OIL + 79 TBD, GAS + 961 MCFD
U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 79,000 b/d month-over-month in October from 7,515 to 7,594 thousand barrels/day , gas production to increase 961 million cubic feet/day from 72,127 to 73,088 million cubic feet/day .
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2018, September, 19, 13:20:00
NORWAY'S PETROLEUM PRODUCTION: 1.87 MBD
NPD - Preliminary production figures for August 2018 show an average daily production of 1 870 000 barrels of oil, NGL and condensate, which is a decrease of 42 000 barrels per day compared to July.
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2018, September, 19, 13:05:00
SAUDI ARAMCO INVESTMENT: $133 BLN
REUTERS - State oil giant Saudi Aramco will spend more than 500 billion riyals ($133 billion) on oil and gas drilling over the next decade, a senior company executive said on Monday.
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2018, September, 17, 15:15:00
IRAN'S SUPPLIES COMPENSATION
REUTERS - Saudi Arabia, the United States and Russia can between them raise global output in the next 18 months to compensate for falling oil supplies from Iran and elsewhere, U.S. Energy Secretary Rick Perry said on a visit to Moscow on Friday.
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2018, September, 17, 15:00:00
VENEZUELA - CHINA COOPERATION
REUTERS - Venezuela gave China another stake in the OPEC nation’s oil industry and signed several other deals in the energy sector, but Beijing made no mention of new funds for Caracas during President Nicolas Maduro’s visit to his key financier on Friday.
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2018, September, 17, 14:40:00
U.S. RIGS UP 7 TO 1,055
BAKER HUGHES A GE - U.S. Rig Count is up 7 rigs from last week to 1,055, with oil rigs up 7 to 867, gas rigs unchanged at 186, and miscellaneous rigs unchanged at 2. Canada Rig Count is up 22 rigs from last week to 226, with oil rigs up 15 to 148 and gas rigs up 7 to 78.
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2018, September, 12, 12:05:00
RUSSIAN LNG FOR JAPAN
PLATTS - Putin said the LNG sector in particular was a key focus area for future cooperation, noting that Japanese companies may take part in the planned expansion of Sakhalin 2, Arctic LNG 2 and Baltic LNG projects as well as an LNG transshipment facility in Kamchatka.