Latest Crude oil prices, News to 28/09/2020

Latest Crude oil prices, News to 28/09/2020

Iran is estimated to have exported nearly 1.5 million barrels per day (bpd) of crude oil and condensate so far in September, according to Iran continues to export oil despite the U.S. sanctions with China suspected to be its biggest client.

OPEC’s Secretary General,will present the major findings of OPEC ‘s World Oil Outlook, as well as introduce a video with key messages from the publication’s 14th edition, which coincides with the 60th Anniversary of the Organization. This will be followed by a panel discussion and a Q&A with management and analysts from OPEC’s Research Division.

Commodity At press timeUnitsPriceChange
Crude Oil (WTI)USD/bbl40.420.00%
Crude Oil (Brent)USD/bbl42.060.00%
Bonny LightUSD/bbl40.910.00%
Natural GasUSD/MMBtu2.100.00%
OPEC basket 25/9/20USD/bbl41.220.00%

                Baker Hughes Rig Count to 25th September 2020

United States 261 (Up 6 from last week)

Canada 71 (Up 7 from last week)

International 747 (No Change)

The Baker Hughes Rig Counts are an important business barometer for the drilling industry and its suppliers. [Read more…]

Niger now exports fuel to Nigeria According to Guardian, data obtained from the African Refiners & Distributors Association (ARA) revealed that strong refinery performance in neighbouring Niger Republic meets local fuel demand, and the excess production is exported to Nigeria, Mali and Burkina Faso.

Evergreen joins the Ship Recycling Transparency Initiative Evergreen Marine Corporation (Taiwan) Ltd. has become a signatory to the Ship Recycling Transparency Initiative (SRTI) in order to share its aged vessels’ green recycling policy.

The move is part of Evergreen’s avowed commitment to plan a completely sustainable life cycle for its vessels from design, construction, operation and ultimately to decommissioning.

Solar-Powered Panels Pull Water Out of the Air For Navajo Families Who Have None hydropanels—powered by off-grid solar energy—have fans that draw air in the atmosphere and push it through what’s called a hygroscopic.

flying wind turbines

How robotics is driving change in the oil industry Robots are being implemented into the production phase when it comes to the oil and gas industry.

Source / More information: Newstrack compiled by Oil and Gas Press / Segun Cole , Please email us your industry related news for publication

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