Oil
![Oil](/cache/10-20/australia-86.3ceb8132.jpg)
2020, October, 5, 13:15:00
AUSTRALIA'S SHARES UP
The S&P/ASX 200 index .AXJO closed 2.6% higher at 5,941.6 points, starting the week on a firm note after a 2.9% drop last week.
![Oil](/cache/10-20/rig-189.a2c3a3e1.jpg)
2020, October, 5, 12:45:00
U.S. RIGS UP 5 TO 266
U.S. Rig Count is up 5 from last week to 266, Canada Rig Count is up 4 from last week to 75
![Oil](/cache/10-20/price-757.60b88676.jpg)
2020, October, 2, 11:30:00
OIL PRICE: NOT BELOW $39
Brent was down $1.12, or 2.7%, at $39.81 a barrel, WTI was down $1.12, or 2.9%, at $37.60.
![Oil](/cache/10-20/usa-308.084f1926.jpg)
2020, October, 2, 11:15:00
U.S. OIL BANKRUPTSIES $51 BLN
The United States grew to become the world’s largest oil producer at nearly 13 million barrels per day (bpd), led by shale companies.
![Oil](/cache/10-20/energy-177.45795166.jpg)
2020, October, 2, 11:05:00
U.S., ISRAEL, UAE ENERGY COOPERATION
"Israel, the United Arab Emirates, and the United States are committed to exploring collective activities in multilateral settings in coordination with financial institutions and the private sector to enhance international investment in research and development and the rapid adoption of new energy technologies," the statement added.
![Oil](/cache/10-20/price-752.ea6a39fc.jpg)
2020, October, 1, 13:50:00
OIL PRICE: NEAR $42 ANEW
Brent fell 17, or 0.4%, to $42.13 a barrel, WTI were down 22 cents, or 0.6%, at $40.
![Oil](/cache/10-20/oil-51.787c93e6.jpg)
2020, October, 1, 13:40:00
OPEC+ CUTTING COMPENSATION 2.375 MBD
OPEC and 10 allies, including Russia, are in the midst of a historic production cut accord aimed at helping the oil market recover from the COVID-19 pandemic. The curbs initially started at 9.7 million b/d for May-July, before tapering to 7.7 million b/d from August through the end of the year.
![Oil](/cache/10-20/usa-306.cc6cb6f5.jpg)
2020, October, 1, 13:35:00
U.S. OIL INVENTORIES DOWN BY 2.0 MB TO 492.4 MB
U.S. commercial crude oil inventories decreased by 2.0 million barrels to 492.4 million barrels
![Oil](/cache/10-20/japan-46.b5ba4f7e.jpg)
2020, October, 1, 13:30:00
JAPAN OIL IMPORTS UPDOWN
Japan's the August crude imports, however, were down 23.9% from a year earlier and marked the lowest level in 32 years for the month,
![Oil](/cache/10-20/saudi-177.1192e882.jpg)
2020, October, 1, 13:15:00
SAUDI ARABIA GDP DOWN 7%
Gross Domestic Product (GDP) of Saudi Arabia contracted by 7.0% in real terms in the second quarter of 2020.
![Oil](/cache/10-20/total-42.ab449e13.jpg)
2020, October, 1, 13:10:00
TOTAL NET ZERO BY 2050
Growing energy demand and getting to Net Zero are the two global trends underpinning the Total Energy Outlook and thus the evolutions of the energy markets that Total integrates into its strategy.
![Oil](/cache/09-20/price-750.e741a975.jpg)
2020, September, 30, 13:10:00
OIL PRICE: NOT BELOW $40 AGAIN
Brent dropped 40 cents, or 1%, to $40.63 per barrel, WTI fell 32 cents, or 0.8%, to $38.97.
![Oil](/cache/09-20/saudi-176.7c5fda6d.jpg)
2020, September, 30, 12:50:00
SAUDI ARABIA RATINGS A-/A-2
Low oil prices and the COVID-19 pandemic are taking a toll on Saudi Arabia's economy and budget
![Oil](/cache/09-20/shell-116.3f378fe9.jpg)
2020, September, 30, 12:40:00
SHELL WILL CUT 9,000 JOBS
Shell job reductions of 7,000 to 9,000 are expected (including around 1,500 people who have agreed to take voluntary redundancy this year) by the end of 2022.
![Oil](/cache/09-20/price-747.25c534de.jpg)
2020, September, 29, 13:00:00
OIL PRICE: NOT BELOW $42 AGAIN
Brent fell 32 cents, or 0.8%, to $42.55 a barrel, WTI dropped 34 cents, or 0.8%, to $40.26 a barrel