Oil
2021, February, 25, 12:05:00
IRAQ'S OIL EXPORTS 2.7 MBD
Iraq’s oil exports from its southern ports are stable at 2.7 million barrels per day (bpd) so far in February
2021, February, 25, 11:45:00
U.S. OIL INVENTORIES UP 1.3 MB TO 463.0 MB
U.S. commercial crude oil inventories increased by 1.3 million barrels to 463.0 million barrels.
2021, February, 24, 11:05:00
OIL PRICE: NEAR $65 ANEW
Brent fell 35 cents, or 0.5%, to $65.02 a barrel. WTI were down 56 cents or 0.9% at $61.11 a barrel.
2021, February, 24, 10:50:00
GLOBAL OIL DEMAND WILL UP TO 100 MBD
Oil demand to reach 102.6 million b/d by the fourth quarter of this year, the highest since Q4 2019 when it averaged 103.9 million b/d.
2021, February, 24, 10:20:00
U.S. RIGS UNCHANGED
U.S. Rig Count is unchanged from last week at 397, Canada Rig Count is down 4 from last week to 172
2021, February, 19, 13:25:00
OIL PRICE: NEAR $63
Brent dropped 87 cents, or 1.4%, to $63.06 a barrel. WTI fell 82 cents, or 1.4%, to $59.70 a barrel.
2021, February, 19, 13:20:00
FOSSIL FUELS DOMINATION
Fossil fuels are expected to dominate the primary energy mix thru 2040, even in scenarios where countries meet the Paris Agreement’s climate goals.
2021, February, 19, 13:00:00
OPEC+ OIL WILL UP
Global liquids supplies are expected to climb by 3.2 million b/d on average in 2021,
2021, February, 19, 12:45:00
U.S. OIL INVENTORIES DOWN 7.3 MB TO 461.8 MB
U.S. commercial crude oil inventories decreased by 7.3 million barrels to 461.8 million barrels.
2021, February, 18, 12:55:00
OIL PRICE: NEAR $65
Brent was up 56 cents, or 0.9%, at $64.90 a barrel. WTI gained 46 cents, or 0.8%, to $61.60 a barrel.
2021, February, 18, 12:50:00
RUSSIA'S OIL PRODUCTION 9.1 MBD
Moscow-based analysts welcomed the latest OPEC+ decision, which allowed Russia to increase output by 65,000 b/d in February, and a further 65,000 b/d in March. Russia's crude output was 9.10 million b/d in December.
2021, February, 18, 12:15:00
NOVATEK PROFIT RUB 67.8 BLN
PAO NOVATEK released its audited consolidated financial statements for the year ended 31 December 2020 prepared in accordance with International Financial Reporting Standards (“IFRS”).
2021, February, 18, 12:10:00
AUSTRALIA'S SANTOS LOSS $357 MLN
The reported net loss after tax of US$357 million includes the previously announced impairments, primarily due to lower oil price assumptions.
2021, February, 17, 16:05:00
OIL PRICE: ABOVE $63 YET
Brent gained 38 cents, or 0.6%, to $63.73 a barrel. WTI rose 21 cents, or 0.4%, to $60.26 a barrel.
2021, February, 17, 15:45:00
GAZPROM SALES DOWN: 2020
Gazprom sold a total of 209.7 Bcm last year across all of its pipeline markets, down from 228.2 Bcm in 2019,