Prices
2020, June, 22, 12:30:00
OIL PRICE: ABOVE $42 ANEW
Brent rose 10 cents, or 0.2%, to $42.29 a barrel, WTI was at $39.87 a barrel, up 4 cents, or 0.1%.
2020, June, 22, 12:00:00
CHINA'S OIL INVENTORIES UP
The slide in crude prices and recovery in economic activity late March had encouraged Chinese buyers to pile their shopping carts with all kinds of cheap crude,
2020, June, 22, 11:50:00
BRITAIN'S STOCKS UPDOWN
The blue-chip FTSE 100 was down 0.2% and the mid-cap FTSE 250 0.1%, led by declines in battered energy , banks and travel and leisure stocks.
2020, June, 19, 10:50:00
OIL PRICE: ABOVE $42
Brent rose 61 cents, or 1.5%, to $42.12 a barrel, WTI climbed 60 cents, or 1.5%, to $39.44 a barrel.
2020, June, 18, 11:35:00
OIL PRICE: NOT ABOVE $41 STILL
Brent were up 2 cents at $40.73 a barrel, WTI dropped 14 cents to $37.82 a barrel.
2020, June, 18, 11:20:00
WORLD OIL DEMAND WILL FALL BY 9 MBD
World oil demand is projected to decrease by 9.1 mb/d in 2020, unchanged from the previous month’s assessment. The COVID-19 pandemic has negatively affected global economic activities, eliminating global oil demand growth potential and leading to a y-o-y decline of 6.4 mb/d in 1Q20 and by 17.3 mb/d y-o-y in 2Q20.
2020, June, 18, 11:15:00
U.S. OIL INVENTORIES UP BY 1.2 MB TO 539.3 MB
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.2 million barrels from the previous week. At 539.3 million barrels, U.S. crude oil inventories are about 15% above the five year average for this time of year.
2020, June, 17, 12:50:00
OIL PRICE: NOT ABOVE $41 ANEW
Brent was up 29 cents, or 0.7%, at $41.25 a barrel, WTI rose 17 cents, or 0.4%, to $38.55 a barrel.
2020, June, 17, 12:40:00
GLOBAL OIL DEMAND UPDOWN
Oil demand in 2020 is expected to fall by 8.1 mb/d, the largest in history, before recovering by 5.7 mb/d in 2021.
2020, June, 17, 12:15:00
MSCI WORLD INDEX UPDOWN
MSCI’s broadest index of World shares crawled 0.2% higher, having climbed 2.2% the previous day to reclaim a good portion of the ground it lost last week.
2020, June, 16, 14:25:00
OIL PRICE: NOT ABOVE $41 YET
Brent rose 77 cents, or 1.94%, at $40.49 a barrel, WTI gained 61 cents, or 1.64%, to $37.73 a barrel.
2020, June, 16, 14:15:00
U.S.$ DOWN
U.S. Federal Reserve prepared to start its corporate bond buying scheme,
2020, June, 16, 14:10:00
EUROPE'S SHARES UPDOWN
The pan-European STOXX 600 index rose 2.2%, recovering from a slump in the past few sessions that was fuelled by grim forecasts of an economic rebound from the COVID-19 pandemic and a resurgence in infections in the United States and Beijing.
2020, June, 15, 14:00:00
OIL PRICE: ABOVE $38 YET
Brent was down 15 cents, or 0.4%, at $38.58 a barrel, WTI was down 49 cents, or 1.3%, at $35.77.