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  • US oil, gas rig count jumps 9 to 528, with activity hike in smaller basins

    From spglobal.com

    The US oil and natural gas rig count jumped nine to 528 in the week ending April 7, rig data provider Enverus said, as drilling activity pulled back slightly in the giant Permian Basin but increased in a handful of smaller basins. The Eagle Ford Shale in South Texas gained two rigs from the previous week for a total 43. The SCOOP/STACK of Oklahoma (19 rigs), the Bakken Shale (15) in North Dakota and Montana, the DJ Basin (14) in Colorado and the Utica Shale (13), mostly in Ohio, each gained a rig. The Permian, sited in West Texas and New Mexico, lost a rig during the week, leaving 235. Horizontal rigs that typically ... (full story)

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    Fate of Dakota Access pipeline at stake at Friday court hearing

    From reuters.com|Apr 8, 2021

    The fate of the Dakota Access pipeline could be decided at a U.S. court hearing Friday, where federal regulators could set in motion a months-long shutdown of the line while the ...

    IMF: Weakening fiscal balance sheets biggest concern for emerging markets beyond 2021

    From think.ing.com|Apr 8, 2021

    chart The underlying story remains similar to the World Economic Outlook report in January, with the uplift mainly stemming from advanced economies which are expected to grow by ...

    Mexico’s Minatitlan refinery off line after fire

    From argusmedia.com|Apr 8, 2021

    Pemex extinguished the fire at about 2am ET today at the refinery located along Mexico's Gulf coast. The refinery will remain off line until Pemex engineers determine it is safe ...

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    Abu Dhabi oil giant ADNOC considers IPO of drilling business

    From reuters.com|Apr 8, 2021

    Abu Dhabi National Oil Company (ADNOC) is considering listing its drilling business on the local stock market, according to three sources familiar with the matter. The state oil ...

    Asia week ahead: 1Q21 GDP season kicks off

    From think.ing.com|Apr 8, 2021

    China and Singapore are the first Asian countries to release their 1Q21 GDP reports. China was the first to enter the Covid-19 economic slump that dented its GDP growth by -6.8% ...

    WTI Crude Oil Forecast April 9, 2021

    From youtube.com/dailyforexcom|Apr 8, 2021

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  • Posted: Apr 8, 2021 8:34pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 26
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