Energy Newswatch: Oil
First Enercast Featured Articles for Aug. 5, 2020
05 Aug 2020 19:59:32 UT
Forecast & Analysis - Top News Stories - Financial - Releases - Weather
Natural Gas Intelligence summaries for Aug. 5, 2020
05 Aug 2020 19:58:28 UT
Egypt’s GPC sees record oil production
05 Aug 2020 19:37:09 UT
The General Petroleum Company (GPC) of Egypt has achieved a production record of 62,000 barrels per day (bpd) for the first time ever since its establishment in 1957, according to a statement by the...
Oil and Gas Analytics Market May Set New Growth Story : ConocoPhillips, Tibco Software, BP, Chevron
05 Aug 2020 19:25:23 UT
This press release was orginally distributed by SBWire Edison, NJ -- ( SBWIRE ) -- 08/05/2020 -- A new business intelligence report released by HTF MI with title "COVID-19 Outbreak-Global Oil and...
Oil Ends at 5-Month-High as US Supplies Fall -- Market Talk
05 Aug 2020 19:23:20 UT
14:52 ET - US oil prices end 1.2% higher at $42.19 a barrel, the highest closing price since March 5, after the US reported another sharp drop in commercial crude-oil inventories. EIA says US...
US Oil Output Drops to 11Mln Barrels Per Day - Energy Agency
05 Aug 2020 19:21:34 UT
US oil production fell by an estimated 100,000 barrels per day last week to reach around 11 million barrels per day, the Energy Information Administration (EIA) said on Wednesday ...
Natural Gas Price Prediction – Prices Continue to Rally Ahead of Inventory Report
05 Aug 2020 19:21:10 UT
Natural gas prices moved higher on Wednesday ahead of Thursday’s inventory report from the Department of Energy. Expectations are for a 31 Bcf build in natural gas inventories according to survey...
Natural Gas Has Replaced Over 100 U.S. Coal Plants In The Last Decade
05 Aug 2020 19:18:01 UT
A total of 103 coal-fired power plants were converted to natural gas or replaced by natural gas-fired plants in the United States since 2011, the Energy Information Administration (EIA) said on...
Crude Oil Futures Rise After Inventory Data, Settle At 5-month High
05 Aug 2020 19:15:26 UT
Crude oil prices moved higher on Wednesday, lifted by data showing a sharp drop in U.S. crude inventories in the week ended July 31. Optimism about U.S. lawmakers agreeing on a coronavirus package,...
Oil Shares Gain as Crude Prices Rally -- Market Talk
05 Aug 2020 19:05:57 UT
1451 GMT - Oil shares rise as the price of a barrel of Brent crude increases 3.8% to $46.09 in response to falling stockpiles, a weaker dollar and a major explosion in the Lebanese capital Beirut. BP...