Upstream
2021, January, 22, 11:20:00
U.S. GAS PRICES WILL UP
The annual natural gas spot price at the Henry Hub will rise 98¢ per million British thermal units (MMBtu) to average $3.01/MMBtu in 2021.
2021, January, 22, 10:45:00
BAKER HUGHES NET INCOME $653 MLN
Baker Hughes Company (NYSE: BKR) ("Baker Hughes" or the "Company") announced results for the fourth quarter and total year 2020.
2021, January, 21, 14:40:07
OIL PRICE: ABOVE $56 YET
Brent fell 47 cents, or 0.8%, to $55.61 a barrel. WTI fell 43 cents, or 0.8%, to $52.88 a barrel.
2021, January, 20, 14:50:00
OIL PRICE: ABOVE $56 ANEW
Brent was up 42 cents, or 0.8%, to $56.32. WTI climbed 51 cents, or 1%, to $53.49.
2021, January, 19, 14:00:00
OIL PRICE: ABOVE $55 YET
Brent rose 46 cents to $55.21 a barrel. WTI was at $52.40 a barrel, up 4 cents.
2021, January, 19, 13:45:00
U.S. FOSSIL FUEL WILL UP
U.S. production of all fossil fuels—crude oil, coal, dry natural gas, and natural gas plant liquids (NGPL)—to increase in 2022, but forecast fossil fuel production will remain lower than the 2019 peak.
2021, January, 18, 13:15:00
OIL PRICE: NEAR $55 AGAIN
Brent fell 20 cents, or 0.4%, to $54.90 a barrel. WTI fell 20 cents, or 0.4%, to $54.90 a barrel.
2021, January, 18, 13:00:00
CHINA OIL THROUGHPUT UP
On a metric tons basis, the December throughput went up 2.8% from November and 2.1% from a year ago to 60 million mt.
2021, January, 18, 12:30:00
NOVATEK PRODUCTION +3%
In 2020, NOVATEK’s hydrocarbon production totaled 608.2 million barrels of oil equivalent (boe),
2021, January, 18, 12:25:00
U.S. RIGS UP 13 TO 373
U.S. Rig Count is up 13 from last week to 373, Canada Rig Count is up 44 from last week to 161.
2021, January, 15, 12:05:00
OIL PRICE: BELOW $56 ANEW
Brent was down 71 cents, or 1.2%, at $55.71 a barrel. WTI was 46 cents, or 0.9%, lower at $53.11 a barrel.
2021, January, 15, 12:00:00
GLOBAL OIL DEMAND WILL UP BY 5.9 MBD
For 2021, global oil demand is forecast to increase by 5.9 mb/d y-o-y to average 95.9 mb/d.
2021, January, 15, 11:55:00
OPEC+ STABILIZATION
The OPEC+ alliance, led by Saudi Arabia and Russia, decided in December after days of heated negotiations to ease their stringent quotas by a collective 500,000 b/d for January, instead of the originally scheduled 2 million b/d tapering.
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.
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).
