Oil
![Oil](/cache/10-20/novatek-61.7bcebff6.jpg)
2020, October, 29, 16:25:00
NOVATEK PROFIT RUB13.2 BLN
Profit attributable to shareholders of PAO NOVATEK amounted to RR 13.2 billion
![Oil](/cache/10-20/price-814.0e20a99f.jpg)
2020, October, 28, 14:15:00
OIL PRICE: NEAR $40
Brent were down $1.20, or 2.9%, at $40 a barrel, WTI was down $1.49, or 3.7%, at $38.08.
![Oil](/cache/10-20/sanctions-78.47719fd4.jpg)
2020, October, 28, 13:55:00
U.S., IRAN SANCTIONS ANEW
Iran sanctions relief under a change in US president represents the biggest supply and price impact for global oil markets
![Oil](/cache/10-20/russia-457.b896df8f.jpg)
2020, October, 28, 13:45:00
RUSSIAN ARCTIC STRATEGY 2035
Opportunities include further development of hydrocarbons reserves in Russia's Arctic offshore zone, which contains over 85.1 trillion cubic meters of natural gas, and 17.3 billion mt of crude and condensate.
![Oil](/cache/10-20/price-812.536e4ab5.jpg)
2020, October, 27, 14:50:22
OIL PRICE: NEAR $41 ANEW
Brent was up 52 cents, or 1.3%, at $40.98 a barrel, WTI gained 38 cents, or 1%, to $38.94.
![Oil](/cache/10-20/china-327.8eba0e8d.jpg)
2020, October, 27, 14:45:00
CHINA OIL IMPORTS UP
Crude oil is considered a key product to complete China's annual energy purchase commitments due to the commodity's typically higher value and volume compared with other energy products.
![Oil](/cache/10-20/india-150.407180ef.jpg)
2020, October, 27, 14:35:00
INDIA, OPEC COOPERATION
Your Excellency, Prime Minister Modi, OPEC is a reliable partner of India and the great strategy you set out for your esteemed country. Long may this relationship continue to blossom.
![Oil](/cache/10-20/libya-40.979d3056.jpg)
2020, October, 27, 14:25:00
LIBYAN OIL RECOVERY
Libya's crude and condensate output has more than quintupled over the past month, averaging just close to 600,000 b/d on Oct. 26 as more oil fields in the southwest and southeast have restarted operations, sources added.
![Oil](/cache/10-20/investment-4.68dc7980.jpg)
2020, October, 27, 14:20:00
GLOBAL INVESTMENT DOWN BY 49%
Foreign direct investment (FDI), a bellwether of globalisation and economic confidence, fell by 49 per cent to $399 billion in the first half of 2020,
![Oil](/cache/10-20/varco-34.3c6cc66a.jpg)
2020, October, 27, 14:05:00
NOV VARCO NET LOSS $55 MLN
National Oilwell Varco, Inc. (NYSE: NOV) today reported third quarter 2020 revenues of $1.38 billion, a decrease of seven percent compared to the second quarter of 2020 and a decrease of 35 percent compared to the third quarter of 2019.
![Oil](/cache/10-20/price-810.6a96d742.jpg)
2020, October, 26, 14:05:00
OIL PRICE: NEAR $41
Brent was down $1.08, or 2.6%, at $40.69 a barrel, WTI dropped $1.05, or 2.6%, to $38.80.
![Oil](/cache/10-20/usa-319.be74c75c.jpg)
2020, October, 26, 14:00:00
U.S. SHALE SURVIVORS
The sector is in full-on merger mode in response to oil prices that have been stuck at around $40 a barrel in recent months after the Covid-19 pandemic hit global demand.
![Oil](/cache/10-20/price-808.765f8a7c.jpg)
2020, October, 26, 13:55:00
SHAKY OIL MARKET
Saudi Energy Minister Prince Abdulaziz bin Salman, who has warned his counterparts of the market's shaky footing and the need to be proactive on production policy, could very well welcome any lobbying by the Trump administration, if global oil demand prospects do not improve.
![Oil](/cache/10-20/rig-194.58d6b391.jpg)
2020, October, 26, 13:20:00
U.S. RIGS UP 5 TO 287
U.S. Rig Count is up 5 from last week to 287, Canada Rig Count is up 3 from last week to 83,
![Oil](/cache/10-20/price-806.262d72e9.jpg)
2020, October, 23, 16:15:00
OIL PRICE: ABOVE $42 ANEW
Brent rose 20 cents, or 0.5%, to $42.66 a barrel, WTI added 15 cents, or 0.4%, to $40.79.