Oil
![Oil](/cache/12-20/price-905.f3ea51f0.jpg)
2020, December, 3, 12:00:00
OIL PRICE: NOT ABOVE $49
Brent was up 21 cents, or 0.4%, at $48.46 a barrel . WTI was 11 cents, or 0.2%, higher at $45.39 a barrel.
![Oil](/cache/11-20/usa-339.f68ec7a1.jpg)
2020, December, 3, 11:45:00
U.S. OIL INVENTORIES DOWN 0.7 MB TO 488.0 MB
U.S. commercial crude oil inventories decreased by 0.7 million barrels to 488.0 million barrels
![Oil](/cache/12-20/usa-337.84d77983.jpg)
2020, December, 3, 11:40:00
U.S. OIL, GAS M&A
Including completed and announced deals in progress through November 30, asset transactions in the United States and Canada totaled $60 billion,
![Oil](/cache/12-20/india-160.67f8c153.jpg)
2020, December, 3, 11:35:00
INDIA, U.S. ENERGY RELATIONS
India was an attractive market for the US for innovation, alternative energy, and investment avenues.
![Oil](/cache/12-20/price-903.e992e930.jpg)
2020, December, 2, 14:45:00
OIL PRICE: NOT ABOVE $48
Brent were down 9 cents, or 0.2%, at $47.33 a barrel . WTI was down 11 cents, or 0.3%, at $44.44.
![Oil](/cache/12-20/russia-461.0cad6e14.jpg)
2020, December, 2, 14:40:00
RUSSIA'S OIL PRODUCTION 10 MBD
November production was down 11% on the year at 46.07 million mt, or around 11.26 million b/d. This was due to deeper output cuts under the OPEC+ agreement in 2020 compared with 2019.
![Oil](/cache/12-20/renewable-142.b67e3e55.jpg)
2020, December, 2, 14:20:00
POLAND'S RENEWABLE INVESTMENT $37 BLN
Poland's PKN Orlen said in a press release that its transformation path until 2030 revolves around renewable energy and advanced petrochemicals.
![Oil](/cache/12-20/exxon-67.5f964816.jpg)
2020, December, 2, 14:10:00
EXXON WRITE DOWN TO $20 BLN
Removal of less strategic assets from its development plan as a result of the growing strength of its portfolio.
![Oil](/cache/12-20/price-900.e869593b.jpg)
2020, December, 1, 13:30:00
OIL PRICE: NEAR $48
Brent was up 31 cents at $48.19 a barrel . WTI was up 28 cents at $45.62.
![Oil](/cache/12-20/price-898.605f8760.jpg)
2020, December, 1, 13:25:00
OPEC: OIL DEMAND GROWTH 6.1 MBD: 2021
Next year, the global economy is forecast to return to growth, expanding by an estimated at 4.4%, and oil demand growth is expected to be high, in the tune of 6.1 mb/d.
![Oil](/cache/12-20/gazprom-306.0fdde66b.jpg)
2020, December, 1, 13:00:00
GAZPROM LOSS RUB 218,4 BLN
Loss attributable to the owners of PJSC Gazprom amounted to RUB 218,378 million for the nine months ended September 30, 2020.
![Oil](/cache/12-20/santos-20.56bfef1a.jpg)
2020, December, 1, 12:55:00
AUSTRALIA'S SANTOS PRODUCTION COST $8.5/BOE
Santos upgraded its 2020 production guidance to 87-89 million barrels of oil equivalent (mmboe) and lowered its production cost guidance to $8.00-8.50/boe.
![Oil](/cache/12-20/santos-21.20fdbb6c.jpg)
2020, December, 1, 12:50:00
AUSTRALIA'S SANTOS NET ZERO EMISSIONS 2040
Australia and Santos are uniquely placed to offer reliable, zero-emissions energy products to Asian and domestic markets.
![Oil](/cache/11-20/price-896.a30950b8.jpg)
2020, November, 30, 12:05:00
OIL PRICE: NOT BELOW $47 ANEW
Brent dropped 46 cents, or 1%, to $47.72 a barrel . WTI fell 48 cents, or 1.1%, to $45.05 a barrel.
![Oil](/cache/11-20/price-893.308dcda8.jpg)
2020, November, 30, 12:00:00
OPEC+ RUSSIA CONSENSUS
Saudi Arabia and Russia had invited ministers on the nine-country monitoring committee that they co-chair to informal discussions to hash out positions ahead of the official meeting.