N.America
![N.America](/cache/05-18/iran-126.0373c9e3.png)
2018, May, 23, 10:21:00
IRAN - EUROPE NUCLEAR
WNN - "We met today to confirm the continuing commitment of the European Commission and the Atomic Energy Organisation of Iran towards the implementation of the Joint Comprehensive Plan of Action, and in particular its Annex III which addresses civil nuclear cooperation," Cañete and Ali Akhbar Salehi, president of the AEOI, said in a joint statement on 19 May. "We believe that the continuing implementation of the JCPOA, which was unanimously endorsed by UN Security Council Resolution 2231, is crucial for the development and progress of the region as well as the global peace and security."
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2018, May, 21, 11:00:00
IRAN & VENEZUELA SANCTIONS
NYT - China and India are the biggest buyers of Iranian crude, but they also provide markets for 40 percent of Venezuelan exports, which have been plummeting under the weight of mismanagement, debt and American financial sanctions.
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2018, May, 21, 10:40:00
U.S. PETROLEUM DEMAND UP BY 750 TBD
API - American Petroleum Institute reported that the first four months of this year saw U.S. petroleum demand average 750 thousand barrels a day above the same period in 2017 despite higher prices, a sign of solid economic activity. April also saw the U.S. produce a record 10.5 million barrels per day (MBD) of oil.
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2018, May, 21, 10:30:00
U.S. RIGS UP 1 TO 1,046
BAKER HUGHES A GE - U.S. Rig Count is up 1 rig from last week to 1,046, with oil rigs unchanged at 844, gas rigs up 1 to 200, and miscellaneous rigs unchanged at 2. Canada Rig Count is up 4 rigs from last week to 83, with oil rigs up 6 to 38 and gas rigs down 2 to 45.
![N.America](/cache/05-18/usa-663.d86074e2.png)
2018, May, 18, 08:55:00
U.S. - RUSSIA PIPELINE SANCTIONS
REUTERS - Washington was focused on using diplomatic means to halt Nord Stream 2, one of several Russian projects to export gas to western Europe via routes avoiding Ukraine, with which Moscow is involved in a series of disputes.
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2018, May, 18, 08:40:00
U.S. INDUSTRIAL PRODUCTION UP 0.7%
FRB - Industrial production rose 0.7 percent in April for its third consecutive monthly increase. The rates of change for industrial production for previous months were revised downward, on net; for the first quarter, output is now reported to have advanced 2.3 percent at an annual rate.
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2018, May, 16, 11:55:00
U.S. OIL PRODUCTION + 144 TBD, GAS PRODUCTION + 1,092 MCFD
EIA - Crude oil production from the major US onshore regions is forecast to increase 144,000 b/d month-over-month in June from 7,034 to 7,178 thousand barrels/day , gas production to increase 1,092 million cubic feet/day from 67,027 to 68,119 million cubic feet/day .
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2018, May, 14, 11:35:00
GLOBAL IRAN SANCTIONS
PLATTS - Trump's plan to leave the Iran nuclear deal and reimpose sanctions could have major impacts for global oil, natural gas, metals and petrochemical markets.
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2018, May, 14, 11:05:00
LATIN AMERICA: LIMITING POTENTIAL
IMF - growth for the region to increase from 1.3 percent in 2017 to 2 percent in 2018. For 2019 growth to continue to pick up to 2.8 percent.
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2018, May, 14, 10:30:00
U.S. RIGS UP 13 TO 1,045
BAKER HUGHES A GE - U.S. Rig Count is up 13 rigs from last week to 1,045, with oil rigs up 10 to 844, gas rigs up 3 to 199, and miscellaneous rigs unchanged at 2. Canada Rig Count is down 7 rigs from last week to 79, with oil rigs down 5 to 32 and gas rigs down 2 to 47.
![N.America](/cache/05-18/USA-647.bfc405be.png)
2018, May, 10, 13:25:00
U.S. - IRAN SANCTIONS ALWAYS
U.S. DT - President Donald J. Trump announced his decision to cease the United States’ participation in the JCPOA and begin reimposing U.S. nuclear-related sanctions on the Iranian regime. Treasury’s Office of Foreign Assets Control (OFAC) is taking immediate action to implement the President’s decision. Sanctions will be reimposed subject to certain 90 day and 180 day wind-down periods. At the conclusion of the wind-down periods, the applicable sanctions will come back into full effect.
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2018, May, 10, 13:10:00
OIL MARKET STABILITY
PLATTS - Saudi Arabia's energy minister Khalid al-Falih said Wednesday that the country would work closely with OPEC as well as non-OPEC producers to mitigate the impact of any shortages that might arise following the US' decision to withdraw from the Iran nuclear deal.
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2018, May, 8, 10:35:00
SHELL SELLS CANADA $3.3 BLN
SHELL - Royal Dutch Shell plc (“Shell”) announces an agreement to sell its entire stake in Canadian Natural Resources Limited (“Canadian Natural”)
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2018, May, 7, 08:10:00
U.S. LONG-DURATION ENERGY STORAGE
U.S. DOE - Energy storage will play an increasingly critical role in the resilient grid of the future. Storage systems provide important services, including improving grid stability, providing backup power, and allowing for greater integration of renewable resources. Today’s dominant storage options have limitations that inhibit their use as long-duration solutions, particularly their high cost.
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2018, May, 7, 08:05:00
U.S. UNEMPLOYMENT DOWN TO 3.9%
U.S. DOL - Total nonfarm payroll employment increased by 164,000 in April, and the unemployment rate edged down to 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, manufacturing, health care, and mining.