2020, July, 14, 13:25:00OIL PRICE: ABOVE $42
Brent fell 44 cents to $42.28, WTI fell 44 cents to $42.28
2020, July, 14, 13:05:00ENERGY MARKET: HUGE VOLATILITY
The fact that we are seeing 20% to 30% capital cost cuts this year quite radically means that we will face huge volatility in the future, because these are supplies that will not be coming on time when demand will recover.
2020, July, 14, 13:05:00OIL DEMAND IS BETTER
The key Joint Ministerial Monitoring Committee, co-chaired by Saudi Arabia and Russia, the two largest members of the coalition, will convene online July 15 and make a final recommendation.
2020, July, 14, 12:50:00IRAQ PROMISES TO COMPLY
Iraq affirmed its commitment to the OPEC+ cuts in a call with Saudi energy minister Prince Abdulaziz bin Salman, the two ministers said in a joint statement.
2020, July, 10, 11:45:00OIL PRICE: NOT ABOVE $42
Brent was down by 73 cents, or 1.7%, at $41.62, WTI fell 83 cents, or 2.1%, at $38.79 a barrel
2020, July, 10, 11:40:00U.S. OIL INVENTORIES UP BY 5.7 MB TO 539.2 MB
U.S. commercial crude oil increased by 5.7 million barrels from the previous week to 539.2 million barrels.
2020, July, 10, 11:35:00U.S. SHALE: NO TARGET
The intervention of the United States, the G-20 and other leading producing countries was vital in securing April’s historic production deal to rebalance and stabilize oil markets reeling from the pandemic.
2020, July, 10, 11:20:00ASIA'S SHARES DOWN
Shares in China fell 0.72% from a five-year high
2020, July, 9, 15:55:00OIL PRICE: NEAR $43 AGAIN
Brent up 5 cents, or 0.12%, to $43.34, WTI dipped 14 cents, or 0.3%, to $40.76,
2020, July, 9, 15:50:00GLOBAL OIL INVENTORIES WILL DOWN
Global oil inventories to generally draw through the end of 2021 as global oil demand continues to recover.
2020, July, 9, 15:40:00BRITAIN'S POUND UP
the pound was up on Thursday to $1.2655 against a broadly weaker dollar,
2020, July, 9, 15:35:00GOLD PRICE UPDOWN
Spot gold was little changed at $1,809.19 per ounce, U.S. gold futures were 0.3% lower at $1,816.
2020, July, 8, 12:00:00OIL PRICE: NEAR $43 YET
Brent fell 11 cents, or 0.3%, to $42.97 a barrel, WTI dropped 11 cents, or 0.3%, to $40.51 a barrel,
2020, July, 8, 11:55:00OIL PRICES 2020-21: $41-$50
EIA expects monthly Brent spot prices will average $41/b during the second half of 2020 and rise to an average of $50/b in 2021
2020, July, 8, 11:50:00OPEC OIL PRODUCTION DOWN
OPEC's 13 members pumped 22.31 million b/d, the organization's lowest collective output since September 1990,