Oil demand may continue to climb over the next decade even as countries work to comply with the Paris climate agreement’s goals for cutting emissions,

Средняя цена на нефть марки Urals в январе-феврале 2021 года сложилась в размере $57,6 за баррель, в январе-феврале 2020 года - $58,13 за баррель.

The weekly assessment for spot LNG LNG-AS cargoes dropped to $5.60 per million British thermal units (mmBtu) in the week that ended Feb. 26, the lowest since early October and about 81% below the peak of $29 on Jan 15.

Japan’s Nikkei was down 0.85% as some investors booked profits on defensive energy and utility shares before the end of the fiscal year this month.

Brent rose $1.07, or 1.7%, to $65.49 per barrel. WTI jumped $1.01, or 1.6%, to $62.51 a barrel.

Natural gas will overtake coal in 2025 and become the largest global primary energy source by 2047, with oil plateauing around 2040 and then beginning its irreversible decline

The Central Electricity Authority (CEA) projects that solar and wind will form 51% of India’s total installed capacity, or 420GW, by 2030, with biomass and small hydro adding another 30GW, while the IEA’s India Energy Outlook 2021 says that India could add 900GW of renewable capacity by 2040.

The S&P/ASX 200 index rose 1.7% to close at 6,789.6 in a solid start to March, posting its biggest intraday percentage gain since Jan. 7.

U.S. Rig Count is up 5 from last week at 402, Canada Rig Count is down 9 from last week to 163,

Brent fell 63 cents, or 0.9%, to $66.25 a barrel. WTI dropped 72 cents, or 1.1%, to $62.81 a barrel.

China had the highest gain in coal imports from the U.S. among the top destinations in the fourth quarter of 2020. The Asian country imported 1.0 Mt of coal from the U.S. during the period, a 251.8% increase year over year and a 748.2% jump quarter over quarter.

The blue-chip CSI300 index fell 2.4% to 5,336.76, while the Shanghai Composite Index dropped 2.1% to 3,509.08 points.

Brent gained 37 cents, 0.6%, to $67.41 a barrel. WTI was at $63.54 a barrel, up 32 cents, 0.5%.

U.S. commercial crude oil inventories increased by 1.3 million barrels to 463.0 million barrels.

Brent fell 35 cents, or 0.5%, to $65.02 a barrel. WTI were down 56 cents or 0.9% at $61.11 a barrel.