Upstream
2020, December, 23, 13:10:00
WORST U.S. SHALE
Shale producers were hit hard after borrowing to expand production and slashed spending and output to cut losses.
2020, December, 23, 13:05:00
U.S. LNG UP
Natural gas futures in Europe and Asia have climbed to their highest levels in more than a year due to a sharp increase in demand late in 2020,
2020, December, 22, 13:50:00
OIL PRICE: NOT BELOW $50 ANEW
Brent were down 88 cents, or 1.7% to $50.03 a barrel. WTI fell 92 cents, or 1.9%, to $47.05 a barrel.
2020, December, 21, 13:10:00
OIL PRICE: NEAR $50
Brent was down $2.06, or 3.9%, to $50.20 a barrel. WTI was down $1.95, or 4%, to $47.15 a barrel.
2020, December, 21, 13:05:00
DEAL OF OPEC, RUSSIA, SAUDI ARABIA
"Today, my friend and colleague and I discussed cooperation in the OPEC+ multilateral format, and joint action and coordination in the international market.
2020, December, 21, 12:50:00
NORWAY'S OIL, GAS PRODUCTION 2 MBD
Preliminary production figures for November 2020 show an average daily production of 2 026 000 barrels of oil, NGL and condensate.
2020, December, 21, 12:45:00
SHELL OIL PRODUCTION 2.3 MBD
Shell oil production is expected to be between 2,275 and 2,350 thousand barrels of oil equivalent per day,
2020, December, 21, 12:40:00
BP, RELIANCE GAS FOR INDIA
Reliance Industries Limited (RIL) and BP announced the start of production from the R Cluster, ultra-deep-water gas field in block KG D6 off the east coast of India.
2020, December, 21, 12:25:00
U.S. RIGS UP 8 TO 346
U.S. Rig Count is up 8 from last week to 346 , Canada Rig Count is down 9 from last week to 102
2020, December, 18, 12:10:00
OIL PRICE: NOT BELOW $51 YET
Brent fell 26 cents, or 0.5%, to $51.24 a barrel. WTI slipped 17 cents or 0.4%, to $48.19 a barrel .
2020, December, 18, 12:00:00
OPEC+ STABILITY
At the coalition's last meeting Dec. 3, OPEC+ members agreed to raise collective output by about 500,000 b/d from January and to convene monthly to determine subsequent levels.
2020, December, 18, 11:50:00
U.S. OIL COMPANIES BANKRUPTCIES
Many oil companies that were hit hard in 2015 from the sudden drop in oil prices to levels not seen in years at the time, were able to hold on initially.
2020, December, 17, 14:10:00
OIL PRICE: NOT BELOW $51
Brent rose 72 cents, or 1.4%, to $51.80 a barrel. WTI rose by 71 cents, or 1.5%, to $48.53 a barrel.
2020, December, 17, 14:05:00
OECD OIL PRODUCTION DOWN
Total OECD indigenous production of crude oil, NGL and refinery feedstocks decreased by 7.3% in September 2020 compared to September 2019.
2020, December, 17, 14:00:00
OECD GAS PRODUCTION DOWN
Total OECD indigenous production of natural gas decreased by 3.5% in September 2020 compared to September 2019
