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  • Crude reality: Oil giants split on fossil fuels' future

    From smh.com.au

    On a blue-sky March day, one week after the World Health Organisation declared the pandemic, a nearly 300-metre-long tanker set sail from Chevron's Wheatstone project on the coast of Western Australia carrying a cargo of liquefied natural gas. The gas on board had been super-chilled: first to minus 130 degrees – the point at which it flashes over to a liquid – then even further to minus 162 degrees. Like almost all tankers leaving Australia loaded with liquefied gas, this vessel, the British Mentor, would usually have been bound for a port somewhere in North Asia – Japan, China, South Korea – where its ... (full story)

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    House clears $1.3T spending bill with $210B in emergency cash

    From politico.com|Jul 31, 2020|1 comment

    The House approved a colossal $1.3 trillion spending package today that includes $210 billion in emergency money to help federal agencies fight the coronavirus pandemic, in ...

    Hoyer: US House to remain in session until a deal reached on relief legislation

    From @zerohedge|Jul 31, 2020

    tweet at 12:28pm: US DEMOCRAT HOUSE HOYER: THE US HOUSE IS TO REMAIN IN SESSION UNTIL A DEAL REACHED ON THE CORONAVIRUS RELIEF LEGISLATION. - CBS NEWS. tweet at 12:35pm: HOYER SAYS U.S. HOUSE EXPECTED TO MEET AT SOME POINT DURING AUGUST AS CORONAVIRUS AID BILL NEGOTIATIONS CONTINUE

    2 US oil executives released from Venezuela prison to house arrest

    From cnn.com|Jul 31, 2020

    Two American oil executives held in an overcrowded Venezuelan prison for almost three years have been placed in house arrest, a sign that the embattled government of Nicolas ...

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    Rotary Rig Count - 7/31/2020

    From bakerhughesrigcount.gcs-web.com|Jul 31, 2020

    table

    Oil on track for July gain as US dollar slumps

    From marketwatch.com|Jul 31, 2020

    Oil futures traded higher Friday, on track for a monthly gain, as investors weighed an uncertain demand outlook, while bulls took encouragement from a slumping U.S. dollar. West ...

    U.S. oil & gas rig count holds steady at record low -Baker Hughes

    From reuters.com|Jul 31, 2020

    U.S. energy firms kept the number of oil and natural gas rigs unchanged at a record low as the rig count fell for a fifth straight month, although July marked the smallest monthly ...

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  • Posted: Jul 31, 2020 12:49pm
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     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 91
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