Oil
![Oil](/cache/02-20/USA-84.177833fa.jpg)
2020, February, 19, 11:30:00
U.S. PRODUCTION: OIL +18 TBD, GAS (-172) MCFD
Crude oil production from the major US onshore regions is forecast to increase 18,000 b/d month-over-month in February from 9,157 to 9,175 thousand barrels/day, gas production to decrease 172 million cubic feet/day from 85,619 to 85,447 million cubic feet/day .
![Oil](/cache/02-20/SANCTIONS-64.739389b0.jpg)
2020, February, 19, 11:25:00
U.S., RUSSIA, VENEZUELA SANCTIONS UP
The US on Tuesday imposed sanctions on Rosneft Trading SA, the Geneva-based subsidiary of the Russian state oil company, for supporting Venezuela's oil sector by continuing to trade with sanctions-hit PDVSA
![Oil](/cache/02-20/ROSNEFT-152.93520254.jpg)
2020, February, 19, 11:20:00
ROSNEFT: US SANCTIONS ARE ILLEGAL
The sanctions announced by the U.S. Treasury Department against Rosneft’s subsidiary RTSA and its Chairman are illegal, unjustified, and an act of legal abuse.
![Oil](/cache/02-20/YUKOS-1.e2bd0871.jpg)
2020, February, 19, 11:15:00
$50 BLN FROM RUSSIA
The $50-billion award was originally made in 2014 by The Hague Permanent Court of Arbitration after a claim was brought by three former shareholders in Yukos – Veteran Petroleum, Yukos Universal Ltd, and Hulley Enterprises Ltd.
![Oil](/cache/02-20/PRICE-133.0a6588c2.jpg)
2020, February, 17, 12:05:00
OIL PRICE: ABOVE $57
Brent was at $57.27 a barrel, WTI rose 3 cents to $52.08 a barrel,
![Oil](/cache/02-20/RIG-1.4f69ba5a.jpg)
2020, February, 17, 11:20:00
U.S. RIGS UNCHANGED TO 790 ANEW
U.S. Rig Count is unchanged from last week at 790, Canada Rig Count is down 2 rigs from last week to 255,
![Oil](/cache/02-20/PRICE-131.02012ddd.jpg)
2020, February, 14, 12:20:00
OIL PRICE: ABOVE $56 ANEW
Brent were up 13 cents at $56.47 a barrel, WTI were 14 cents higher at $51.56 a barrel.
![Oil](/cache/02-20/coronavirus-1.1987d830.jpg)
2020, February, 14, 12:10:00
CHINA'S CORONAVIRUS: NO AFFECT
The coronavirus epidemic in China has had a marginal impact on energy markets and is unlikely to dramatically affect oil prices even if Chinese demand falls by 500,000 barrels per day, U.S. Energy Secretary Dan Brouillette told
![Oil](/cache/02-20/transcanada-1.ffe55773.jpg)
2020, February, 14, 11:30:00
TC ENERGY NET INCOME $4 BLN
TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced net income attributable to common shares for fourth quarter 2019 of $1.1 billion or
$1.18 per share compared to net income of $1.1 billion or $1.19 per share for the same period in 2018.
![Oil](/cache/02-20/PRICE-129.0b867739.jpg)
2020, February, 12, 12:20:00
OIL PRICE: ABOVE $55 ANEW
Brent was up $1.12, or 2.1%, at $55.13 per barrel, WTI rose 74 cents, or 1.5%, to $50.68 a barrel.
![Oil](/cache/02-20/OPEC-138.87f83262.jpg)
2020, February, 12, 12:15:00
OPEC+ PRODUCTION DOWN BY 500 TBD
OPEC members and allied oil producers, the so-called OPEC+, have agreed to cut their crude oil production by an additional 500,000 bbl/d until their next meeting in early March 2020.
![Oil](/cache/02-20/OIL-7.e0b25b7b.jpg)
2020, February, 12, 12:12:00
OIL PRICES 2020-21: $61-68
EIA forecasts Brent prices will average $61/b in 2020; with prices averaging $58/b during the first half of the year and $64/b during the second half of the year. EIA forecasts the average Brent prices will rise to an average of $68/b in 2021.
![Oil](/cache/02-20/RUSSIA-17.d12d3c37.jpg)
2020, February, 12, 11:55:00
ROSNEFT'S OIL PRODUCTION 5.8 MBD
Rosneft's hydrocarbons production in 2019 was more or less steady year on year at around 5.8 million b/d of oil equivalent
![Oil](/cache/02-20/RUSSIA-18.cc62397c.jpg)
2020, February, 12, 11:50:00
RUSSIA'S OIL FOR U.S.
US imports of unfinished oils from Russia averaged 472,000 b/d in November, the most since May 2013, when the same amount of unfinished oils was imported from Russia.
![Oil](/cache/06-19/ENERGY-65.baea7195.jpg)
2020, February, 12, 11:45:00
6 UNDERVALUED ENERGY STOCKS. FEBRUARY 2020
Let’s see which companies are still undervalued and which ones are out of my radar. Some of them reached their fair value and some other stopped to satisfy my parameters.