Oil
![Oil](/cache/01-21/japan-54.7a9c5e3f.jpg)
2021, January, 25, 14:30:00
JAPAN OIL IMPORTS DOWN TO 2.5 MBD
Japan crude oil imports decreased by 16% to 2.5 mb/d in 2020
![Oil](/cache/01-21/libya-45.554c5f53.jpg)
2021, January, 25, 14:20:00
LIBYA'S OIL DIFFICULTIES
Libyan crude and condensate output surged to around 1.25 million b/d earlier this month, its highest level in more than six years
![Oil](/cache/01-21/angola-1.6d952592.jpg)
2021, January, 25, 14:15:00
ANGOLA'S OIL PRODUCTION DOWN TO 1.3 MBD
Angola's oil production declined by 15% to 1.3 mb/d in 2020
![Oil](/cache/01-21/norway-5.f44da25a.jpg)
2021, January, 25, 14:00:00
NORWAY'S OIL, GAS PRODUCTION 2.135 MBD
Preliminary production figures for December 2020 show an average daily production of 2 135 000 barrels of oil, NGL and condensate.
![Oil](/cache/01-21/rig-3.998fd74c.jpg)
2021, January, 25, 13:45:00
U.S. RIGS UP 5 TO 378
U.S. Rig Count is up 5 from last week to 378, Canada Rig Count is up 11 from last week to 172.
![Oil](/cache/01-21/price-28.92d24ce8.jpg)
2021, January, 22, 11:40:00
OIL PRICE: ABOVE $55 ANEW
Brent fell 58 cents, or 1.03%, to $55.52 a barrel. WTI dropped 65 cents, or 1.2%, to $52.48 a barrel.
![Oil](/cache/01-21/oil-62.66029555.jpg)
2021, January, 22, 11:35:00
OIL PRICES 2021-22: $50-$55
The price of Brent crude oil to increase from its December 2020 average of $50 per barrel (b) to an average of $56/b in the first quarter of 2021. The Brent price is then expected to average between $51/b and $54/b on a quarterly basis through 2022.
![Oil](/cache/01-21/baker-hughes-38.675656aa.jpg)
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.
![Oil](/cache/01-21/price-22.62f85a5c.jpg)
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.
![Oil](/cache/01-21/oil-4.52475e13.jpg)
2021, January, 21, 14:35:00
OECD OIL PRODUCTION DOWN 9.4%
Total OECD indigenous production of crude oil, NGL and refinery feedstocks decreased by 9.4% in October 2020 compared to October 2019.
![Oil](/cache/01-21/china-8.bd6efd4c.jpg)
2021, January, 21, 14:25:00
CHINA ELECTRICITY CONSUMPTION UP
China electricity consumption rose by 3.1% in 2020
![Oil](/cache/01-21/santos-23.90ad8a12.jpg)
2021, January, 21, 13:55:00
AUSTRALIA'S SANTOS PRODUCTION +18%
Record annual production of 89 mmboe, 18% above the prior year and at the top end of upgraded guidance provided in December
![Oil](/cache/01-21/transcanada-34.c30ed0ad.jpg)
2021, January, 21, 13:50:00
TC ENERGY DISAPOINTED
TC Energy Corporation announced it is disappointed with the expected action to revoke the existing Presidential Permit for the Keystone XL pipeline.
![Oil](/cache/01-21/price-18.df3450c5.jpg)
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.
![Oil](/cache/01-21/china-6.82f14c75.jpg)
2021, January, 20, 14:35:00
U.S. OIL FOR CHINA UP
China had suspended crude imports from the US over December 2019-April 2020 due to the trade tensions between Beijing and Washington.