Trends
2018, January, 26, 12:20:00
U.S. SHALE OIL BOOM
REUTERS - U.S. Energy Secretary Rick Perry told oil super-powers Russia and Saudi Arabia he believed U.S. shale oil boom would not become a spoiler for oil markets because new production would be absorbed by fast rising global demand.
2018, January, 26, 12:15:00
NIGERIAN OIL PRICE: $45-$46
BLOOMBERG - “We’ve gotten to a point where we don’t care,” whether prices will be sustained at the level that they have recently risen to, Adeosun said during an interview in her office in the capital, Abuja. “We’ve been able to balance our budget at $45-$46 per barrel and we’ve got to learn to live comfortably at that level.”
2018, January, 24, 11:30:00
NORWAY'S OIL UP OF 26 TBD
NPD - Preliminary production figures for December 2017 show an average daily production of 1 932 000 barrels of oil, NGL and condensate, which is an increase of 26 000 barrels per day compared to November.
2018, January, 22, 08:30:00
SAUDIS CLEAN INVESTMENT
BLOOMBERG - Mexico, Chile and Peru offer strong potential for growth in renewable energy, and governments in the region are courting international investors to help diversify the electricity mix.
2018, January, 22, 07:30:00
U.S. RIGS DOWN 3 TO 936
BAKER HUGHES A GE - U.S. Rig Count is down 3 rigs from last week to 936, with oil rigs down 5 to 747, gas rigs up 2 to 189, and miscellaneous rigs unchanged.
Canada Rig Count is up 49 rigs from last week to 325, with oil rigs up 23 to 208 and gas rigs up 26 to 117.
2018, January, 19, 12:40:00
УСТОЙЧИВОСТЬ РОССИИ: $40/BBL
МИНФИН РОССИИ - Когда мы говорим, что при формировании бюджета закладываем цену на нефть 40 долларов за баррель, все дополнительные нефтегазовые доходы, которые получаем сверх этой цены (только от нефти и газа, конъюнктурные доходы), мы не тратим, а сберегаем. Не разгоняем тем самым расходные обязательства.
2018, January, 19, 12:35:00
RUSSIA'S UPSIDE POTENTIAL
BLOOMBERG - Russia’s oil and gas index may gain another 20 to 30 percent this year as investors have yet to price in Brent at $70 per barrel, according to Sberbank CIB. "The sell side is assuming an average oil price of $55 per barrel for 2018,” the bank’s analysts said in a Jan. 15 note. "Should the oil price stay at the current level, we will see a wave of earnings upgrades.”
2018, January, 19, 12:30:00
U.S. FOSSIL FUELS WILL UP
EIA - EIA forecasts that total fossil fuels production in the United States will average almost 73 quadrillion British thermal units (Btu) in 2018, the highest level of production on record. EIA expects total fossil fuel production to then set another record in 2019, with production forecast to rise to 75 quadrillion Btu.
2018, January, 19, 12:25:00
U.S. SECURITIES INFLOW $33.8 BLN
U.S.DT - The sum total in November of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a monthly net TIC inflow of $33.8 billion. Of this, net foreign private inflows were $49.7 billion, and net foreign official outflows were $15.9 billion.
2018, January, 19, 12:20:00
U.S. INDUSTRIAL PRODUCTION UP 0.9%
U.S. FRB - Industrial production rose 0.9 percent in December even though manufacturing output only edged up 0.1 percent. Revisions to mining and utilities altered the pattern of growth for October and November, but the level of the overall index in November was little changed. For the fourth quarter as a whole, total industrial production jumped 8.2 percent at an annual rate after being held down in the third quarter by Hurricanes Harvey and Irma. At 107.5 percent of its 2012 average, the index has increased 3.6 percent since December 2016 for its largest calendar-year gain since 2010.
2018, January, 19, 12:15:00
S.KOREA'S DIVERSIFICATION
PLATTS - For full-year 2017, South Korea's crude imports from its biggest supplier Saudi Arabia fell 1.7% to 319.02 million barrels, compared with 324.45 million barrels in the previous year, customs data showed.
On the contrary, South Korea has imported 1.77 million mt, or around 13 million barrels, of crude from the US in 2017, about four times higher than in 2016. Shipments from Russia grew to 140,000 b/d last year from 112,000 b/d in 2016.
2018, January, 19, 12:10:00
ADNOC'S 2030 STRATEGY
AOG - ADNOC’s 2030 strategy, he said, aims to capitalise on predicted global economic growth and demand for oil and petrochemical products, particularly in non-OECD countries. As its business responds to changing market dynamics, the company will continue to broaden its partnership base, strengthen its profitability, adapt to new realities and expand market access.
2018, January, 17, 23:45:00
ЦЕНА URALS: $66,51306
МИНФИН РОССИИ - Средняя цена на нефть Urals за период мониторинга с 15 декабря 2017 года по 14 января 2018 года составила $66,51306 за баррель, или $485,5 за тонну. Согласно расчетам Минфина России экспортная пошлина на нефть в РФ с 1 февраля 2017 года повысится на $8,7 и составит $120,1 за тонну.
2018, January, 17, 23:40:00
CHINA'S OIL DEMAND UP 4.6%
PLATTS - China's apparent oil demand is expected to rise 4.6% year on year to hit 600 million mt (12.05 million b/d) in 2018, with net crude imports to increase 7.7% to 451 million mt, according to a report released Tuesday by state-owned China National Petroleum Corp.'s Economics and Technology Research Institute.
2018, January, 17, 23:30:00
STABLE IRANIAN OIL
PLATTS - Trading sources from Asia, which remains the premier destination of Iranian oil, told that even if US sanctions returned, crude oil inflows from Iran would be stable.