U.S. seizes Iranian fuel cargoes for first time - WSJ
The Trump management has for the primary time seized vessels allegedly loaded with Iranian gasoline in violation of U.S. sanctions, WSJ reports, mentioning U.S. officials.
AUG 17
AUG 03
Weekly Energy Recap: U.S. Crude Glut Caps Prices
Brent crude nudged up to $43.forty in line with barrel after any other consistent week.
The US WTI oil benchmark took a one of a kind route to Brent, falling to $forty.27 in line with barrel.
Gasoline call for has stepped forward to pre-pandemic degrees in lots of countries.
JUL 27
Weekly Energy Recap: Oil Prices Feel The Pressure
Oil fees moved with large momentum on the begin of the week, touching four-month highs.
JUL 24
Precision Drilling Corporation (PDS) CEO Kevin Neveu on Q2 2020 Results - Earnings Call Transcript
Precision Drilling Corporation (NYSE:PDS) Q2 2020 Earnings Conference Call July 23, 2020 2:00 PM ET
JUL 23
Precision Drilling EPS beats by C$0.02, beats on revenue
Precision Drilling (NYSE:PDS): Q2 GAAP EPS of -C$0.18 beats through C$0.02.
JUL 21
Chevron - Using Its Strength To Add Noble
Summary
Chevron amazed the marketplace with a $thirteen billion buy of Noble Energy.
The deal underlines the field of control in pursuing offers after it got here in 2d withinside the takeover strive for Anadarko.
I just like the mixture of sturdy control and stability sheet and whilst I preserve Chevron I preserve to underweight the complete region with secular headwinds growing a difficult surroundings.
JUL 16
Saudi Arabia Dead Serious About Pushing Oil Prices Higher
Summary
The media shops are botching the OPEC+ settlement to taper cuts.
Saudi's crude exports for August will be the same, so notwithstanding cuts being tapered, overall components will possibly stay the same.
Noncompliant manufacturers must also make up for the noncompliance in August and September, making headline cuts larger.
Saudi Arabia may be best exporting ~5 mb/d in July, and with steering from ABS that August will be the same, worldwide crude exports will stay depressed.
JUL 13
Baker Hughes total U.S. rig count falls by 5
U.S. energetic drilling rigs decline again, by five to 258, within the brand new weekly file from Baker Hughes.
U.S. Oil rigs fell by four to 181 for its 17th immediately weekly decline, while fuel rigs shed 1 to seventy five and 2 rigs continue to be categorized as miscellaneous.
JUL 02
Oil Outlook: 2020 And Beyond
Summary
Falling Rig counts help construct the bullish case.
US oil production have to fall significantly in 12 months.
Bloated inventories and tepid demand means that price recovery might also nonetheless be a few methods off.
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JUL 01
Crude Oil Almost Fills The Gaps - Demand Needs To Keep Increasing
Summary
Progress in filling the distance in WTI- The weekly does the trick.
The identical flow in Brent futures.
OPEC, Russia, and other producers expand the cuts.