N.America
![N.America](/cache/04-20/nuclear-271.f1870fe0.jpg)
2020, April, 10, 12:00:00
U.S. THERMONUCLEAR POWER: $32 MLN
“Fusion energy technology holds great potential to be a safe, clean, reliable energy source, but research and development of fusion technology is often constrained by prohibitive costs,” said Under Secretary of Energy Mark W. Menezes.
![N.America](/cache/04-20/RIG-165.b41030a7.jpg)
2020, April, 10, 11:55:00
U.S. RIGS DOWN 62 TO 602
U.S. Rig Count is down 62 rigs from last week to 602, Canada Rig Count is down 6 rigs from last week to 35
![N.America](/cache/04-20/PRICE-315.cf34197c.jpg)
2020, April, 9, 12:00:00
SAUDI ARABIA, RUSSIA, U.S. CONVERSATION
The United States has become the world’s largest producer but Trump’s administration has shown no appetite to mandate cuts.
![N.America](/cache/04-20/PRICE-313.b708bbec.jpg)
2020, April, 9, 11:55:00
SAUDI ARABIA, RUSSIA, U.S. REDUCTION
Saudi Arabia and Russia, the two OPEC+ leaders, have insisted that they will only participate if the US also agrees to production cuts.
![N.America](/cache/04-20/PRICE-312.eeb43e0c.jpg)
2020, April, 9, 11:50:00
OPEC+ SEEKS CUTS TO 15 MBD
The oil market has collapsed due to the coronavirus pandemic, as well as the inability of the OPEC+ alliance to agree on a production cut strategy at its last meeting March 5-6, when Russia rejected a Saudi-led proposal for deeper cuts.
![N.America](/cache/04-20/PRICE-311.89061268.jpg)
2020, April, 8, 11:55:00
OPEC+ U.S.: NO INDICATIONS
OPEC has been open to counting natural production declines in its output cut agreements, but there is no indication the US would be willing to sign up to that, and some delegates say Russia might not agree such a dressed-up US cut anyway.
![N.America](/cache/04-20/PRICE-306.8bc870a4.jpg)
2020, April, 7, 12:05:00
U.S. GAS FUTURES UP
Front-month gas futures for May delivery on the New York Mercantile Exchange rose 11.0 cents, or 6.8%, to settle at $1.731 per million British thermal units.
![N.America](/cache/04-20/china-20.89e07694.jpg)
2020, April, 7, 12:00:00
U.S. LNG TO CHINA UP
Four LNG tankers are currently enroute to China after loading cargoes last month in the United States,
![N.America](/cache/04-20/USA-128.1b796ff1.jpg)
![N.America](/cache/04-20/RIG-163.46794570.jpg)
2020, April, 6, 13:55:00
U.S. RIGS DOWN 64 TO 664
U.S. Rig Count is down 64 rigs from last week to 664, Canada Rig Count is down 13 rigs from last week to 41
![N.America](/cache/04-20/PRICE-292.8b555b6b.jpg)
2020, April, 3, 12:15:00
OPEC+ DISCUSSES REDUCTION
The OPEC+ crude oil exporter group is debating cutting global supply by 10 million barrels per day
![N.America](/cache/04-20/PRICE-290.319cb680.jpg)
2020, April, 3, 12:10:00
#OilPriceWar: SAUDI ARABIA CALLS OPEC+
"It's impossible to take measures to reduce OPEC+ production by 20 million b/d, this is probably half of all countries' total production," Novak said
![N.America](/cache/04-20/PRICE-288.8f76b05f.jpg)
2020, April, 3, 12:05:00
#OilPriceWar: OPEC+ NOT ENOUGH
Russian energy minister Alexander Novak said a coordinated OPEC+ production cut would not be enough to compensate for the fall in demand caused by the coronavirus pandemic, which he said could reach 20 million b/d.
![N.America](/cache/04-20/PRICE-291.b3caf264.jpg)
2020, April, 3, 12:00:00
#OilPriceWar: RUSSIA'S OIL PRICE $20
Urals crude, Russia’s export blend, is now trading firmly below $20 a barrel, a level which could equate to a budget deficit of 2% of gross domestic product this year,