Oil
![Oil](/cache/05-20/usa-143.26b4ef7a.jpg)
2020, May, 7, 11:20:00
U.S. OIL INVENTORIES UP BY 4.6 MB TO 532.2 MB
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 4.6 million barrels from the previous week. At 532.2 million barrels, U.S. crude oil inventories are about 12% above the five year average for this time of year.
![Oil](/cache/05-20/price-396.c6154d56.jpg)
2020, May, 6, 12:25:00
OIL PRICE: ABOVE $31 ANEW
Brent was up 45 cents, or 1.5%, at $31.42 a barrel, WTI was up 45 cents, or 1.5%, at $31.42 a barrel.
![Oil](/cache/05-20/energy-129.ea3ba1ef.jpg)
2020, May, 6, 12:20:00
2020: ENERGY DEMAND WILL DOWN 6%
Energy demand will fall 6% in 2020 – seven times the decline after the 2008 global financial crisis
![Oil](/cache/05-20/investment-2.6c3c6b57.jpg)
2020, May, 6, 12:15:00
OIL GAS INVESTMENT DOWN $85 BLN
The bearish near-term outlook for the industry has forced many companies to reassess their forward expenditure. To date, more than US$85bn has been cut from over 100 companies across the industry.
![Oil](/cache/05-20/transcanada-27.87a46403.jpg)
2020, May, 6, 11:45:00
TC ENERGY NET INCOME $1.15 BLN
TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced net income attributable to common shares for first quarter 2020 of $1.15 billion or $1.22 per share compared to net income of $1.0 billion or $1.09 per share for the same period in 2019.
![Oil](/cache/05-20/rig-169.2d97ffa8.jpg)
2020, May, 6, 11:40:00
WORLDWIDE RIG COUNT DOWN 450 TO 1,514
The worldwide rig count for April 2020 was 1,514, down 450 from the 1,964 counted in March 2020
![Oil](/cache/05-20/rig-168.4b03d9b3.jpg)
2020, May, 6, 11:35:00
U.S. RIGS DOWN 57 TO 408
U.S. Rig Count is down 57 rigs from last week to 408, Canada Rig Count is up 1 rig from last week to 27
![Oil](/cache/04-20/price-393.26176bc2.jpg)
2020, April, 30, 15:20:00
OIL PRICE: NEAR $25 ANEW
Brent was up $1.97 or 8.1%, at $26.20 a barrel, WTI climbed to $17.30 a barrel, up 14.9% or $2.24.
![Oil](/cache/04-20/price-391.ae887ab0.jpg)
2020, April, 30, 15:15:00
OPEC+ RUSSIA CHANGES
Russia is advocating a shift in the OPEC+ strategy once global crude oil recovers
![Oil](/cache/04-20/gazprom-287.4c3d6376.jpg)
2020, April, 30, 15:00:00
GAZPROM'S PROFIT: 17% LESS
Profit attributable to the owners of PJSC Gazprom for the year ended December 31, 2019 amounted to RUB 1,202,887 million which is by RUB 253,383 million, or 17 %, less than for the year ended December 31, 2018.
![SHELL LOSS $24 MLN](https://img.youtube.com/vi/MbIhmGXCqVw/0.jpg)
2020, April, 30, 14:55:00
SHELL LOSS $24 MLN
On Thursday April 30, 2020 at 07:00 BST (08:00 CEST and 02:00 EDT) Royal Dutch Shell plc released its first quarter results and first interim dividend announcement for 2020.
![Oil](/cache/04-20/novatek-54.d9acae92.jpg)
2020, April, 30, 14:50:00
NOVATEK LOSS RR30.7 BLN
In the first quarter 2020, we recorded a loss attributable to shareholders of PAO NOVATEK in the amount of RR 30.7 billion (RR 10.20 per share) as compared to a profit of RR 381.8 billion in the corresponding period in 2019.
![Oil](/cache/04-20/price-388.790977e2.jpg)
2020, April, 29, 12:45:00
OIL PRICE: NEAR $21 AGAIN
Brent were up 2.30%, or 47 cents, to $20.93 a barrel, WTI jumped 12.56% or $1.55 to $13.89
![Oil](/cache/04-20/usa-136.6fe05c4f.jpg)
2020, April, 29, 12:37:00
U.S. ENERGY PRODUCTION UP, CONSUMPTION DOWN
In 2019 energy production exceeded energy consumption in the United States on an annual basis,
![Oil](/cache/04-20/saudi-162.c0e71853.jpg)
2020, April, 29, 12:35:00
SAUDI'S RESERVES DOWN TO $464 BLN
The Saudi Arabian Monetary Authority said on Tuesday its net foreign assets, which include securities such as U.S Treasuries and foreign deposits, fell in March to $464 billion, their lowest since 2011.