Headlines: - Commodities Pick Up with Natural Gas Posting its Best Start to the Week in Months - European Stocks Inch Higher During Session on Backs of Chinese Stimulus Talks - Eni Announces Discovery in the Sureste Basin off the Coast of Mexico
Headlines • RBOB Gasoline Futures Sitting at Important 1.5900-1.6000 Zone • Natural Gas Surges on Open Gapping Up +3% • Japan Releases Disappointing GDP (-1.6%) for the Quarter Seeing Japanese Indexes Drop • US Set to Observe Presidents Day Holiday During Monday
Headlines: • Saudi Arabia plans to see Gas & Petrochemicals as a Source of Future Energy • Covid-19 Cases Reach Close to 70,000 Globally as Spread Increases • How Oil Prices Finished Last Week • Asian Equity Futures ahead of the Overnight Session
Headlines: - Crude prices finishes the week higher up 1.2% for the Friday session - Up 3.8% for the week seeing its first large weekly gain in a month - Prices sitting around $51-52 demand zone
Headlines: • Woodside Petroleum Maintains its Grasp of its Senegal Oil Field Stake After Arbitration Tribunal • Asian equities finish the Week Higher with ASX200 Leading Asia Up +1.5% for the Week • Commodities See Quiet Asian Session with Crude Futures up +0.1% & Gold Flat
Headlines: - NOC Reports Revenues Drop -19% for the month of January + Zawiya Refinery Shut Down - IEA Reports Drop in Global Oil Demand of 435,000 bpd - Natural Gas Storage Data Shows Cut in Weekly Storage Numbers
Headlines: - Crude flat during Asian session after dominant US session yesterday - Reports showing huge build in Coronavirus cases as revision is made - Asian Equities fall as traders weigh risk of virus - UK to go green as Johnson pushes for bans on Petrol & Diesel cars
Headlines: - Oil Futures shrugged off larger than expected EIA Build up +3% - OPEC expects global demand to drop after release of monthly report showing revision down - Gasoline & Heating Oil both push higher breaking away from weeks lows
Headlines: - Oil prices surged during the Asian session up +1.4% despite build in API Crude data - WHO officially names disease as COVID-19 - EIA Inventories to be released during afternoon session - Asian Equities higher with Australia seeing Earning’s releases
Headlines: - API data shows a build for the week with Crude up +6 million barrels for the week - NOC shows production down 85% from the month of January to 183,265 barrels per day -WHO calls for further aggressive measures to be put in place - Lebanon’s parliament votes showing confidence in new government
Headlines: - NOC Production Halted as Sharara Field Value Closure - OPEC set to release monthly report tomorrow + Russia not convinced by production cut - China see’s Coronavirus death toll hit 1000 deaths - Futures Pointing Up Ahead of US Session
Headlines: - Oil Futures drops as OPEC Hits Hurdle - Natural Gas prices continue to fall as NG1 Futures down -4.5% - United Nations releases numbers showing close to 700,000 people displaced in recent conflicts - US Equities finish the session higher with NASDAQ up +1.13%
Headlines: - Natural Gas Futures gap lower seeing them drop below 1.800 level for the first time since 2016 - COT report shows build in Short NYMEX Light Crude Oil Non-Commercial positions for week - Asian Equities Down as fear is still present within Investor Sentiment - China Releases Unexpected Increase in Inflation Data for the Month of December
Headlines: - Idlib Outposts Tensions Increase as Turkish Forces Increase Numbers - Iran Fires New Technology Satellite Missile - BP Profits Fall on the Backs of Lower Oil Prices - Coronavirus Death Toll Overtakes SARS Outbreak
Headlines: - Crude sees quiet Asian session finishing slightly up +0.2% - Russian Minister Lavrov shows support for OPEC+ production cut - Energy stocks lower in Asia as Australian energy sector down -1.7% - US Futures pointing to a negative start with S&P500 futures down -5 points
Headlines: - OPEC+ sees pushback by Russian officials regarding production cuts - Crude remains at $51pb as traders await OPEC+ decision - Natural Gas Storage shows better than expected cut for the week - EXXON & Total look for way forward with PNG LNG project
Headlines: - Oil pushes higher during Asian session as optimism increases on OPEC+ cuts - President Donald Trump Acquitted of all articles of impeachment by Senate - Chinese Officials release updated Coronavirus toll at over 560 people - EIA Natural Gas Storage Data to be released during afternoon session
Headlines: - Oil prices have surged +3% during the session as rumours of a cure for the Coronavirus spread - EIA Crude Inventories show worse than expected build of 3.355m - OPEC+ are set to extend talks another day as parties fail to agree on output production cut - US Equities gain seeing S&P500 up over +1%