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2021, January, 15, 11:45:00
U.S. OIL GAS PRODUCTION UPDOWN
U.S. crude oil production will average 11.1 million b/d in 2021, down 0.2 million b/d from 2020 as result of a decline in drilling activity related to low oil prices.
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2021, January, 15, 11:40:00
U.S. GAS PRODUCTION UPDOWN
U.S. marketed gas production for 2021 will fall 2% and average 96.2 billion cubic feet per day (Bcf/d).
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2021, January, 15, 11:35:00
U.S. OIL INVENTORIES DOWN 3.2 MB TO 482.2 MB
U.S. commercial crude oil inventories decreased by 3.2 million barrels to 482.2 million barrels.
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2021, January, 14, 14:25:00
OIL PRICE: BELOW $56
Brent fell 36 cents to $55.70 a barrel. WTI dropped 26 cents to $52.65.
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2021, January, 13, 13:55:00
OIL PRICE: ABOVE $56
Brent was up 36 cents, or 0.6%, at $56.94 a barrel. WTI was up 34 cents, or 0.6%, at $53.55 a barrel.
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2021, January, 13, 13:50:00
OIL PRICES 2021-22: $53
Brent crude oil spot prices to average $53 per barrel (b) in both 2021 and 2022 compared with an average of $42/b in 2020.
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2021, January, 13, 13:45:00
NORD STREAM 2: THE NEW SANCTIONS
The companies could be at risk of U.S. sanctions under existing law if they do not stop work.
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2021, January, 13, 13:35:00
IRAN OIL CONTRACTS $1.2 BLN
The contracts, worth a total of $1.2 billion, were signed on Monday in the presence of Iranian Minister of Petroleum Bijan Zangeneh,
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2021, January, 12, 11:40:00
OIL PRICE: NEAR $56
Brent climbed 22 cents, or 0.4%, to $55.88 a barrel. WTI gained 25 cents, or 0.5%, to $52.50 a barrel.
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2021, January, 12, 11:20:00
SENEGAL GAS PROGRAM $4.3 BLN
The delay from a planned 2022 start has denied Senegal much-needed oil and gas revenues as its economy seeks to recover from the impact of the pandemic, which pushed down its 2020 economic growth target to 0.7%.
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2021, January, 11, 13:05:00
OIL PRICE: NEAR $55 ANEW
Brent were down 78 cents, or 1.4%, at $55.21 a barrel. WTI slipped 52 cents, or 1%, to $51.72 a barrel.
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2021, January, 11, 12:40:00
BRAZIL'S OIL GAS RECORD
Petrobras pumped an average of 2.28 million b/d in 2020, beating the previous record of 2.23 million b/d set in 2015, the company said.
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2021, January, 11, 12:15:00
U.S. RIGS UP 9 TO 360
U.S. Rig Count is up 9 from last week to 360, Canada Rig Count is up 58 from last week to 117.
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2021, January, 8, 15:50:00
OIL PRICE: NEAR $55
Brent climbed 83 cents, or 1.5%, to $55.21 a barrel. WTI gained 66 cents, or 1.3%, to $51.49.
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2021, January, 8, 15:35:00
CHINA'S GAS DEMAND WILL UP
Chinese natural gas demand to reach 360 Bcm in 2021, up 8.4% from an estimated 332 Bcm in 2020. It was at 313 Bcm in 2019.