N.America
![N.America](/cache/03-20/usa-108.1e0b303b.jpg)
2020, March, 18, 11:45:00
U.S. INDUSTRIAL PRODUCTION UP 0.6%
U.S. industrial production rose 0.6 percent in February after falling 0.5 percent in January
![N.America](/cache/03-20/usa-106.32817891.jpg)
2020, March, 17, 13:20:00
U.S. PRODUCTION: OIL +18 TBD, GAS (-188) MCFD
Crude oil production from the major US onshore regions is forecast to increase 18,000 b/d month-over-month in March from 9,057 to 9,075 thousand barrels/day, gas production to decrease 188 million cubic feet/day from 85,167 to 84,979 million cubic feet/day .
![N.America](/cache/03-20/PRICE-205.d96185c7.jpg)
2020, March, 16, 10:35:00
U.S. STRATEGIC PETROLEUM RESERVE
Replenishing the Strategic Petroleum Reserve would enable the government to take as much as 77 million barrels off the world market.
![N.America](/cache/03-20/usa-105.cb404a98.jpg)
2020, March, 16, 10:30:00
U.S. FEDERAL FUNDS RATE 0 - 0.25%
the Committee decided to lower the target range for the federal funds rate to 0 to 1/4 percent.
![N.America](/cache/03-20/RIG-160.77f9be09.jpg)
2020, March, 16, 10:00:00
U.S. RIGS DOWN 1 TO 792
U.S. Rig Count is down 1 rig from last week to 792, Canada Rig Count is down 28 rigs from last week to 175
![N.America](/cache/03-20/PRICE-198.50ed98be.jpg)
2020, March, 13, 12:30:00
U.S. STOCK INDEXES DOWN
The benchmark S&P 500 and the Nasdaq have lost over a quarter of their value since reaching record closing highs just 16 sessions ago, as nations around the world grapple with how to contain the fast-moving coronavirus and its economic effects.
![N.America](/cache/03-20/PRICE-196.0c3c42d0.jpg)
2020, March, 13, 12:25:00
U.S. ENERGY BONDS: $110 BLN
The falls in the bonds come in the wake of the failure of Opec and Russia late last week to agree a deal on cutting production,
![N.America](/cache/03-20/SECHIN-1.8cb6a421.jpg)
2020, March, 13, 12:20:00
RUSSIA FOR U.S. SHALE: $570 BLN
Moscow’s decision to withdraw last week from a pact with Saudi Arabia to limit crude production, sparking an oil war that sent prices crashing 30 per cent on Monday, upending global markets.
![N.America](/cache/03-20/SANCTIONS-67.e0d3f52e.jpg)
2020, March, 13, 12:15:00
U.S. SANCTIONS FOR RUSSIA
Rosneft Trading and TNK Trading handled a "large percentage" of Venezuela's oil exports in 2019
![N.America](/cache/03-20/GAS-179.c4438ec1.jpg)
2020, March, 13, 12:05:00
U.S. LPG TO CHINA
The US was the second biggest LPG supplier to China in 2017 at 3.54 million mt, comprising 3.37 million mt of propane and 162,668 mt of butane. The volume dropped 54% a year later in 2018 to 1.62 million mt as a result of trade tensions between the two economies, and in 2019 only 2,443 mt of US propane was imported into China, customs data showed.
![N.America](/cache/03-20/PRICE-186.d8fdfcf0.jpg)
2020, March, 12, 13:05:00
OIL PRICES 2020-21: $43-$55
EIA forecasts Brent crude oil prices will average $43/b in 2020, down from an average of $64/b in 2019. For 2020, EIA expects prices will average $37/b during the second quarter and then rise to $42/b during the second half of the year. EIA forecasts that average Brent prices will rise to an average of $55/b in 2021, as declining global oil inventories put upward pressure on prices.
![N.America](/cache/03-20/PRICE-181.c8d09555.jpg)
2020, March, 11, 12:15:00
U.S. OIL DOWN
U.S. shale companies need prices at least in the low $40s to cover costs,
![N.America](/cache/03-20/USA-102.196349d9.jpg)
2020, March, 11, 12:05:00
U.S. GAS PRODUCTION UP 10%
U.S. natural gas production grew by 9.8 billion cubic feet per day (Bcf/d) in 2019
![N.America](/cache/03-20/china-20.8da54d8b.jpg)
2020, March, 11, 12:00:00
U.S., CHINA LNG DOWN
Asian LNG prices hit historic lows in February, the benchmark price for spot-traded LNG in Northeast Asia, falling to $2.71/MMBtu on underlying weak Asian demand compounded by mild temperatures and the coronavirus.
![N.America](/cache/03-20/LNG-227.766cbd47.jpg)
2020, March, 11, 11:55:00
U.S., RUSSIA'S LNG COMPETITION
In late February, the Spanish energy companies Repsol SA and Endesa SA rejected a hefty deal on the purchase of 200 million cubic metres of LNG from the biggest US liquefied natural gas exporter Cheniere Energy Inc.