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2020, November, 18, 14:25:00
UAE OIL PRODUCTION 2.4 MBD
The UAE produced 2.4 million b/d in October, according to secondary sources quoted in OPEC's November monthly oil report. The UAE's quota is 2.59 million b/d.
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2020, November, 17, 13:25:00
OIL PRICE: NEAR $44
Brent rose 18 cents, or 0.4%, to $44.00 a barrel. WTI added 8 cents, or 0.2%, to $41.42 a barrel.
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2020, November, 17, 13:20:00
OPEC+ CUTS PRODUCTION
OPEC+ ministers are weighing whether to relax their current 7.7 million b/d in collective production cuts to 5.8 million b/d as originally scheduled, maintain them at the same level for a few months, or even deepen them.
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2020, November, 17, 13:10:00
CHINA GAS PRODUCTION UP
The natural gas produced in October was 11.6% higher from September and up 11.9% from a year ago, data released Nov. 16 by the National Bureau of Statistics showed.
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2020, November, 16, 12:40:00
OIL PRICE: ABOVE $43
Brent rose 54 cents, or 1.3%, to $43.32 a barrel. WTI was at $40.76 a barrel, up 63 cents, or 1.6%.
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2020, November, 16, 12:10:00
U.S. RIGS UP 12 TO 312
U.S. Rig Count is up 12 from last week to 312 , Canada Rig Count is up 3 from last week to 89
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2020, November, 13, 13:35:00
OIL PRICE: NEAR $43
Brent was down 51 cents, or 1.2%, at $43.02 a barrel. WTI fell 66 cents, or 1.6%, to $40.46 a barrel.
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2020, November, 13, 13:25:00
OPEC+ RUSSIA REDUCING
Saudi Arabia and Russia, leaders of the 23-nation coalition, have already indicated publicly that they are thinking twice about easing production cuts in January as the resurgent pandemic hits fuel demand.
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2020, November, 13, 13:20:00
U.S. OIL INVENTORIES UP 4.3 MB TO 488.7 MB
U.S. commercial crude oil inventories increased by 4.3 million barrels to 488.7 million barrels
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2020, November, 13, 13:15:00
U.S. GAS PRICES UP TO $3
the natural gas spot price at the Henry Hub reached $3.00 per million British thermal units (MMBtu), its highest value since March 2019,
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2020, November, 13, 12:45:00
ROSNEFT NET LOSS RUB 177 BLN
In 9M 2020 negative Net income was RUB -177 bln (USD -2.1 bln). The reduction compared to 9M 2019 was a result of the negative effect of price fluctuations due to COVID-19 pandemic as well as the negative effect of non-monetary factors.
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2020, November, 13, 12:40:00
ROSNEFT PRODUCTION 4.19 MBD
Brent fell 34 cents, or 0.8%, to $43.46 a barrel. WTI fell 30 cents, or 0.7%, to $41.15 a barrel.
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2020, November, 12, 14:15:00
OIL PRICE: BELOW $44
Brent fell 34 cents, or 0.8%, to $43.46 a barrel. WTI fell 30 cents, or 0.7%, to $41.15 a barrel.
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2020, November, 12, 14:10:00
GLOBAL OIL DEMAND UPDOWN
The global oil demand forecast for 2020 is revised down by 0.3 mb/d. For 2021, oil demand growth is expected to grow by 6.2 mb/d, y-o-y, representing a downward revision of 0.3 mb/d compared to last month’s assessment.
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2020, November, 12, 14:05:00
OPEC CUTS 7.7 MBD
OPEC+ alliance's current 7.7 million b/d in output cuts could be maintained into 2021 instead of being eased as originally planned, or even extended.