N.America
![N.America](/cache/09-20/oil-48.c283a662.jpg)
2020, September, 24, 12:20:00
OPEC+ REBALANCING: 2021
The OPEC+ agreement, along with declines in production elsewhere, including the United States, brought global supply lower than the level of global demand for the first time since mid-2019.
![N.America](/cache/09-20/oil-50.6ca4b386.jpg)
2020, September, 24, 12:15:00
U.S. OIL INVENTORIES DOWN BY 1.6 MB TO 494.4 MB
U.S. commercial crude oil inventories decreased by 1.6 million barrels to 494.4 million barrels,
![N.America](/cache/09-20/usa-295.7da35954.jpg)
2020, September, 23, 15:10:00
U.S. OIL EXPORTS UPDOWN
Despite a decline since the record monthly high of 3.7 million b/d in February, U.S. crude oil exports averaged 3.2 million b/d in the first half of 2020, up from 2.9 million b/d in the first half of 2019.
![N.America](/cache/09-20/alaska-8.10f09920.jpg)
2020, September, 23, 14:50:00
ALASKA LNG CHALLENGE $43 BLN
the construction of a proposed $43.4 billion Alaska liquefied natural gas (LNG) export project
![N.America](/cache/09-20/usa-294.6694ffdd.jpg)
2020, September, 22, 13:15:00
U.S. DEBT WILL TWICE
Without changes to tax and spending laws, the U.S. federal debt held by the public will reach 195% of GDP by 2050,
![N.America](/cache/09-20/usa-293.5ce44872.jpg)
2020, September, 22, 13:10:00
U.S. DRILLING: THE LOWEST
the U.S. total drilling for the year will definitely be the lowest since before 1940.
![N.America](/cache/09-20/norway-49.bbcfa26e.jpg)
2020, September, 22, 13:05:00
NORWAY'S, U.S. OIL FUND
Norway’s oil fund was originally set up to mirror as closely as possible the trading patterns of the Scandinavian country’s economy
![N.America](/cache/09-20/gas-200.8033d489.jpg)
2020, September, 21, 12:25:00
U.S. GAS DELIVERIES UP
Gas deliveries to the five other major US liquefaction terminals besides Cameron LNG totaled 8.04 Bcf/d
![N.America](/cache/09-20/usa-292.8e1ca40e.jpg)
2020, September, 21, 11:55:00
U.S. CARRENT ACCOUNT DEFICIT $170.5 BLN
The U.S. current account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, widened by $59.0 billion, or 52.9 percent, to $170.5 billion in the second quarter of 2020
![N.America](/cache/09-20/rig-187.4227afb6.jpg)
2020, September, 21, 11:45:00
U.S. RIGS UP 1 TO 255
U.S. Rig Count is up 1 from last week to 255, Canada Rig Count is up 12 from last week to 64
![N.America](/cache/09-20/usa-289.1283e146.jpg)
2020, September, 17, 16:45:00
U.S. GDP WILL DOWN 3.7%
Federal Reserve Board and Federal Open Market Committee release economic projections from the September 15-16 FOMC meeting
![N.America](/cache/09-20/usa-290.d6f64bf1.jpg)
2020, September, 17, 16:40:00
U.S. FEDERAL FUNDS RATE 0.0 - 0.25%
The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent
![N.America](/cache/09-20/usa-281.242530c0.jpg)
2020, September, 16, 12:05:00
U.S. GAS EXPORTS DOWN
net natural gas exports to continue increasing in the coming months primarily because of increasing U.S. LNG exports.
![N.America](/cache/09-20/usa-287.56f50856.jpg)
2020, September, 16, 11:25:00
U.S. INDUSTRIAL PRODUCTION UP
U.S. industrial production rose 0.4 percent in August for its fourth consecutive monthly increase.
![N.America](/cache/09-20/usa-275.58b23a7e.jpg)
2020, September, 15, 16:30:00
U.S. PRODUCTION: OIL (-68) TBD, GAS (-428) MCFD
Crude oil production from the major US onshore regions is forecast to decrease 68,000 b/d month-over-month in September from 7,708 to 7,640 thousand barrels/day, gas production to decrease 428 million cubic feet/day from 81,026 to 80,598 million cubic feet/day .