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Mostrando las entradas de enero, 2021

OIL PRICE INTELLIGENCE REPORT

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 In today’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week.  We will then look at some of the key market movers early this week before providing you with the latest analysis of the top news events taking place in the global energy complex over the past few days. We hope you enjoy. Investor Alert! Oilfield service giants are looking like an increasingly good investment as oil prices rebound. Read our latest Global Energy Alert investment column to get the full breakdown of what to watch... Chart of the Week -    The EIA expects global oil demand to be larger than supply in 2021, particularly in the first quarter, leading to sharp inventory drawdowns. -    EIA projects Brent to average $56 per barrel in the first quarter. -    However, the agency expects Brent to remain stuck between $51 and $54 on a quarterly basis through 2022. Market Movers -    Hess (NYSE: HES) said it would spend $1.9 billion in 2021, 80% of whic

OIL PRICE INTELLIGENCE REPORT

Imagen
  In today’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week.  We will then look at some of the key market movers early this week before providing you with the latest analysis of the top news events taking place in the global energy complex over the past few days. We hope you enjoy. Investor Alert!  Oilfield service giants are looking like an increasingly good investment as oil prices rebound.  Read our latest Global Energy Alert investment column  to get the full breakdown of what to watch... Chart of the Week -    The EIA  expects  global oil demand to be larger than supply in 2021, particularly in the first quarter, leading to sharp inventory drawdowns. -    EIA projects Brent to average $56 per barrel in the first quarter. -    However, the agency expects Brent to remain stuck between $51 and $54 on a quarterly basis through 2022. Market Movers -     Hess (NYSE: HES)  said it would  spend  $1.9 billion in 2021, 80% of w

OIL INTELLIGENCE REPORT

Imagen
 We will then look at some of the key market movers early this week before providing you with the latest analysis of the top news events taking place in the global energy complex over the past few days. We hope you enjoy. Chart of the Week -    Roughly 9.1 gigawatts of electricity capacity are slated for retirement in 2021 in the United States. -    Nuclear power will account for 51% of that total, with coal accounting for 30%. -    48 GW of coal capacity has shut down in the past five years. Retirements are expected to continue, although the pace could slow this year.  Market Movers -    U.S. Well Services (NASDAQ: USWS) surged to its highest level in seven months after securing a contract extension to provide fracking services for Range Resources (NYSE: RRC). -    Cheniere Energy (NYSE: LNG) was upgraded to Strong Buy by Raymond James. -    Royal Dutch Shell (NYSE: RDS.A) resumed LNG exports from its Prelude facility in Australia after a lengthy period of maintenance. Tuesda

OIL INTELLIGENCE REPORT

Imagen
  We will then look at some of the key market movers early this week before providing you with the latest analysis of the top news events taking place in the global energy complex over the past few days. We hope you enjoy. Chart of the Week -    Roughly 9.1 gigawatts of electricity capacity are slated for  retirement  in 2021 in the United States. -    Nuclear power will account for 51% of that total, with coal accounting for 30%. -    48 GW of coal capacity has shut down in the past five years. Retirements are expected to continue, although the pace could slow this year.  Market Movers -     U.S. Well Services (NASDAQ: USWS)   surged  to its highest level in seven months after securing a contract extension to provide fracking services for  Range Resources (NYSE: RRC). -     Cheniere Energy (NYSE: LNG)  was upgraded to Strong Buy by Raymond James. -     Royal Dutch Shell (NYSE: RDS.A)  resumed LNG exports from its Prelude facility in Australia after a lengthy period of maintenance. Tue