U.S. Rig Count is down 2 rigs from last week to 794, Canada Rig Count is unchanged from last week at 244

Brent were up 31 cents, or 0.5%, at $62.35 a barrel, WTI were up 27 cents, or 0.5% higher at $55.86 a barrel.

For 2020, oil demand growth is revised up by 0.14 mb/d from the previous month’s assessment and is forecast at 1.22 mb/d, mainly reflecting an improved economic outlook for 2020. As a result, total world oil demand is projected to rise from 99.77 mb/d in 2019 to 100.98 mb/d in 2020.

U.S. petroleum exports hit a new all-time high of 9.0 million barrels per day (mb/d) in the final month of 2019

U.S. and Canadian oil and natural gas exploration and production company bankruptcies totaled 42 in 2019, up from 28 in 2018,

U.S. crude oil production will average 13.3 million barrels per day (b/d) in 2020, a 9% increase from 2019 production levels, and 13.7 million b/d in 2021, a 3% increase from 2020.

The oil and gas industry now needs to make clear what clean energy transitions mean for it – and what it can do to accelerate clean energy transitions.

В ходе встречи стороны обсудили широкий спектр вопросов взаимодействия России с Израилем, в том числе в энергетике. Было отмечено, что по итогам 2019 года товарооборот между странами превысил 5 млрд долларов, из которых половина пришлась на энергетический сектор.

Orders of $6.9 billion for the quarter, down 11% sequentially and up 1% year-over-year Revenue of $6.3 billion for the quarter, up 8% sequentially and up 1% year-over-year GAAP operating income of $331 million for the quarter, up 11% sequentially and down 13% year-over-year

Brent was down 30 cents, or 0.5%, at $64.29 a barrel, WTI fell 33 cents, or 0.6%, to $58.05 a barrel

Crude oil production from the major US onshore regions is forecast to increase 22,000 b/d month-over-month in January from 9,178 to 9,200 thousand barrels/day, gas production to increase 65 million cubic feet/day from 85,920 to 85,985 million cubic feet/day .

"When storage tanks are full in a few days, Libya's oil production will be limited to 72,000 b/d from offshore fields and Wafa oil field, from over 1.20 million b/d yesterday," a spokesman from National Oil Corporation said late Sunday.

Australia's Santos record annual sales revenue of over $4 billion, up 10%, generated from sales volumes of 94.5 mmboe

The Abu Dhabi National Oil Company (ADNOC) signed today, a strategic framework agreement with Italy’s energy company, Eni, to explore new opportunities for collaboration in carbon capture utilization and storage (CCUS), where ADNOC is an industry leader, and additional strategic opportunities in research and development (R&D) across the oil and gas value chain.

Schlumberger CEO Olivier Le Peuch commented, “Full-year revenue for 2019 was $32.9 billion, a level essentially flat with 2018. Overall performance was positive—particularly in the international markets—and we generated $2.7 billion in free cash flow, which was a remarkable achievement under these market conditions. Full-year pretax segment operating margin of 12%, however, was slightly down year-on-year.