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Trends

Trends
2017, October, 18, 18:40:00
U.S. LNG RISK
There are more than a dozen LNG export projects currently being proposed to US regulators, though across the industry almost no final investment decisions have been announced over the last 18 months and some developers have delayed their decisions into 2018 or beyond. Few firm supply purchase agreements have been announced for the projects that have yet to commit to moving forward.
Trends
2017, October, 18, 18:35:00
CANADA'S OIL PRICE: $50 - $53
According to the U.S. Energy Information Administration, Canada's largest energy customer has boosted domestic oil production from less than four million barrels per day in 2008 to 9.2 million bpd now, while gas output has risen from 67 million cubic feet per day to 89 million cf/d.
Trends
2017, October, 18, 18:30:00
EGYPT SOLAR INVESTMENT
Egypt’s fledgling solar industry attracted $1.8 billion of investment, largely from the European Bank of Reconstruction and Development and the World Bank’s International Finance Corp.
Trends
2017, October, 16, 12:25:00
OIL PRICE: ABOVE $57 AGAIN
International Brent crude futures LCOc1 were at $57.75 per barrel at 0733 GMT, up 58 cents from the previous close, after trading as high as $58.13. U.S. WTI crude was at $51.95 per barrel, up 50 cents. Earlier in the day, it traded as high as $52.22.
Trends
2017, October, 16, 12:20:00
WORLD OIL DEMAND UP BY 1.5 MBD
World oil demand growth in 2017 is now expected to increase by 1.5 mb/d, representing an upward revision of around 30 tb/d from last previous report, mainly reflecting recent data showing an improvement in economic activities. Positive revisions were primarily a result of higher-than-expected oil demand from the OECD region and China. In 2018, world oil demand is anticipated to grow by 1.4 mb/d, following an upward adjustment of 30 tb/d over the previous report, due to the improving economic outlook in the world economy, particularly China and Russia.
Trends
2017, October, 16, 12:15:00
ТОРГОВЛЯ РОССИИ И КИТАЯ БОЛЬШЕ НА 36%
Объем торговли между Россией и Китаем с января по июль 2017 года увеличился почти на 36% по сравнению с аналогичным периодом прошлого года и достиг 45,8 млрд. долларов.
Trends
2017, October, 16, 12:10:00
CHINA LNG UP 44%
China bought 22.1 million tonnes, equivalent to 30 bcm, of foreign LNG in the first eight months of the year, up 44 percent from a year ago. Almost half of that came from Australia followed by Qatar.
Trends
2017, October, 16, 12:05:00
CHINA'S SOLAR ENERGY UP 50%
China installed 38.28 gigawatts of solar power from January to August, up 49.5 percent from the end of last year, according to the China Electricity Council.
Trends
2017, October, 16, 11:55:00
U.S. ECONOMY UP
Economic activity in the United States has been growing moderately so far this year, and the labor market has continued to strengthen. The terrible hurricanes that hit Texas, Florida, Puerto Rico, and our neighbors in the Caribbean caused tremendous damage and upended many lives, and our hearts go out to those affected. While the effects of the hurricanes on the U.S. economy are quite noticeable in the short term, history suggests that the longer-term effects will be modest and that aggregate economic activity will recover quickly.
Trends
2017, October, 16, 11:50:00
SAUDI ARAMCO IPO
Saudi Arabia is considering delaying the international portion of the giant initial public offering of its state oil company until at least 2019, according to people familiar with the situation, who said a domestic share sale in Riyadh could still happen next year.
Trends
2017, October, 16, 11:45:00
SAUDI'S BANKS ARE BETTER
But we expect a rise in the sector's NPL ratio and muted credit demand in the second half of 2017 and 2018, reflecting the slowing economy. GDP growth slowed to 1.4% in 2016 from 3.4% in 2015 and we expect it to be below 1% in 2017 and 2018.
Trends
2017, October, 16, 11:40:00
OPEC EXPECTATION
The Organization of Petroleum Exporting Countries and allies including Russia have been cutting oil production this year to bring fuel inventories in industrialized nations back in line with the five-year average.
Trends
2017, October, 16, 11:35:00
JAPAN LNG INVESTMENT
The Japanese government will offer $10 billion to support firms bidding to build liquefied natural gas (LNG) infrastructure around Asia, the Nikkei business daily said on Monday.
Trends
2017, October, 16, 11:30:00
U.S. RIGS DOWN 8 TO 928
U.S. Rig Count is up 389 rigs from last year's count of 539, with oil rigs up 311, gas rigs up 80, and miscellaneous rigs down 2 to 2. Canada Rig Count is up 47 rigs from last year's count of 165, with oil rigs up 22 and gas rigs up 25.
Trends
2017, October, 13, 13:05:00
OIL PRICE: ABOVE $57 YET
U.S. West Texas Intermediate (WTI) crude was at $51.01 per barrel at 0647 GMT, up 41 cents, or 0.8 percent, from its last settlement. Brent was at $56.58, up 33 cents, or 0.6 percent.