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Oil

Oil
2020, January, 27, 14:55:00
U.S., DUBAI, HONG CONG, CHINA SANCTIONS
The US State Department on Thursday set sanctions against companies in Dubai, Hong Kong, and Shanghai,
Oil
2020, January, 27, 14:50:00
U.S. TIGHT OIL PRODUCTION UP
U.S. oil production from tight formations increased in 2019, accounting for 64% of total U.S. crude oil production.
Oil
2020, January, 27, 14:25:00
NOVATEK RESERVES 252%
The organic reserve replacement rate, excluding the effect from acquisitions and disposals, which mainly related to the disposal of 40% participation interest in Arctic LNG 2 project, amounted to 252%, with the addition of 1,487 million boe, inclusive of 2019 production.
Oil
2020, January, 27, 14:10:00
U.S. RIGS DOWN 2 TO 794
U.S. Rig Count is down 2 rigs from last week to 794, Canada Rig Count is unchanged from last week at 244
Oil
2020, January, 24, 13:45:00
OIL PRICE:NEAR $62
Brent were up 31 cents, or 0.5%, at $62.35 a barrel, WTI were up 27 cents, or 0.5% higher at $55.86 a barrel.
Oil
2020, January, 24, 13:40:00
GLOBAL OIL DEMAND 2020: 100.98 MBD
For 2020, oil demand growth is revised up by 0.14 mb/d from the previous month’s assessment and is forecast at 1.22 mb/d, mainly reflecting an improved economic outlook for 2020. As a result, total world oil demand is projected to rise from 99.77 mb/d in 2019 to 100.98 mb/d in 2020.
Oil
2020, January, 24, 13:35:00
U.S. OIL EXPORTS 9 MBD
U.S. petroleum exports hit a new all-time high of 9.0 million barrels per day (mb/d) in the final month of 2019
Oil
2020, January, 24, 13:30:00
U.S., CANADA BANKRUPTCIES UP 50%
U.S. and Canadian oil and natural gas exploration and production company bankruptcies totaled 42 in 2019, up from 28 in 2018,
Oil
2020, January, 24, 13:25:00
U.S. OIL PRODUCTION SLOWING
U.S. crude oil production will average 13.3 million barrels per day (b/d) in 2020, a 9% increase from 2019 production levels, and 13.7 million b/d in 2021, a 3% increase from 2020.
Oil
2020, January, 24, 13:15:00
OIL, GAS ENERGY TRANSITION
The oil and gas industry now needs to make clear what clean energy transitions mean for it – and what it can do to accelerate clean energy transitions.
Oil
2020, January, 24, 12:50:00
BAKER HUGHES NET INCOME $128 MLN
Orders of $6.9 billion for the quarter, down 11% sequentially and up 1% year-over-year Revenue of $6.3 billion for the quarter, up 8% sequentially and up 1% year-over-year GAAP operating income of $331 million for the quarter, up 11% sequentially and down 13% year-over-year
Oil
2020, January, 22, 12:55:00
OIL PRICE:NEAR $64
Brent was down 30 cents, or 0.5%, at $64.29 a barrel, WTI fell 33 cents, or 0.6%, to $58.05 a barrel
Oil
2020, January, 22, 12:50:00
U.S. PRODUCTION: OIL + 22 TBD, GAS + 65 MCFD
Crude oil production from the major US onshore regions is forecast to increase 22,000 b/d month-over-month in January from 9,178 to 9,200 thousand barrels/day, gas production to increase 65 million cubic feet/day from 85,920 to 85,985 million cubic feet/day .
Oil
2020, January, 22, 12:35:00
LIBYA'S OIL BLOCKADE: 1 MBD DOWN
"When storage tanks are full in a few days, Libya's oil production will be limited to 72,000 b/d from offshore fields and Wafa oil field, from over 1.20 million b/d yesterday," a spokesman from National Oil Corporation said late Sunday.
Oil
2020, January, 22, 12:25:00
AUSTRALIA'S SANTOS SALES REVENUE UP 10%
Australia's Santos record annual sales revenue of over $4 billion, up 10%, generated from sales volumes of 94.5 mmboe