Oil
2019, October, 7, 12:15:00
WORLDWIDE RIG COUNT DOWN 65 TO 2,141
The worldwide rig count for September 2019 was 2,141, down 65 from the 2,206 counted in August 2019, and down 117 from the 2,258 counted in September 2018.
2019, October, 7, 12:10:00
U.S. RIGS DOWN 5 TO 855
U.S. Rig Count is down 5 rigs from last week to 855, Canada Rig Count is up 17 rigs from last week to 144
2019, October, 4, 11:10:00
OIL PRICE: NEAR $58
Brent rose 12 cents, or 0.2%, to $57.83 a barrel, WTI rose 9 cents, or 0.2%, to $52.54.
2019, October, 4, 10:40:00
OPEC, GECF COOPERATION
HE Mohammad Sanusi Barkindo, Secretary General of OPEC, and his GECF counterpart, HE Yury Sentyurin, signed the MoU in Moscow on the sidelines of Russian Energy Week.
2019, October, 4, 10:35:00
OPEC+: PREDICTABILITY, RELIABILITY
“What matters is supply predictability and reliability. We have a business-like approach with our energy partners in Europe and the rest of the world, of a commercial nature with no political reasoning,” Putin added.
2019, October, 4, 10:15:00
RUSSIA'S OIL THROUGH UKRAINE UP
Ukraine moves Russian oil to Slovakia, Hungary and the Czech Republic. The oil transit capacity of Ukraine's section of the Druzhba pipeline is about 25 million mt/year (500,000 b/d).
2019, October, 4, 10:10:00
U.S. OIL EXPORTS 2.9 MBD
In the first half of 2019, U.S. exports of crude oil increased to average 2.9 million barrels per day (b/d), an increase of 966,000 b/d from the first half of 2018.
2019, October, 4, 09:45:00
ROSNEFT USE EURO
“Rosneft has recently adjusted all the new contracts for export supplies to euros. We’ve been notified,” a trader at a company regularly buying from Rosneft told Reuters.
2019, October, 4, 09:40:00
BP: BOB DUDLEY STEP DOWN AS CEO
The Board of BP announced that, after a 40-year career with BP and over nine years as group chief executive, Bob Dudley, 64, has decided to step down as group chief executive and from the BP Board following delivery of the company’s 2019 full year results on 4 February 2020 and will retire on 31 March 2020.
2019, October, 2, 12:25:00
OIL PRICE: ABOVE $58
Brent crude rose 47 cents, or 0.8%, to $59.36 a barrel, West Texas Intermediate crude was at $54.29 a barrel, up 67 cents or 1.3%.
2019, October, 2, 12:00:00
SAUDI ARABIA'S OIL PRODUCTION 9.9 MBD
"Our system was able to grow and become healthier as we moved along and by September 25, we were able to restore all the capacity we had before the attack," the president and CEO of Aramco Trading Co., Ibrahim al-Buainain, told an industry banquet in Fujairah.
2019, October, 2, 11:50:00
U.S. OIL, GAS FOR INDIA
India's annual trade surplus with the US has averaged about $20 billion in the past four years. The US this year has withdrawn preferential treatment on some Indian exports to the US, stepping up the pressure on New Delhi, while arguing that India has not provided equitable and reasonable access to its markets.
2019, September, 30, 15:20:00
OIL PRICE: NEAR $61 AGAIN
Brent were down 52 cents or 0.84% at $61.39 a barrel, WTI were 35 cents or 0.63% lower at $55.56 a barrel.
2019, September, 30, 15:15:00
OIL PRICE CAN RISE
“If the world does not take a strong and firm action to deter Iran, we will see further escalations that will threaten world interests,” Prince Mohammed, known as MbS, said through a translator. “Oil supplies will be disrupted and oil prices will jump to unimaginably high numbers that we haven’t seen in our lifetimes.”
2019, September, 30, 15:00:00
GERMANY, UAE POTENTIAL
Germany and the UAE see that there is a great value in close consultations on foreign and security policy, Annen said. "We also want to deepen our cooperation on trade and investment, in particular on exchanging state-of the-art technologies and enabling small and medium-sized companies to succeed in our respective markets," the minister explained.