Analysis
2022, October, 17, 12:35:00
EUROPEAN GAS PRICES DOWN AGAIN
The EU has already asked members to voluntarily reduce gas demand by 15%, and Energy Commissioner Kadri Simson has said a plan is under consideration to make the cut mandatory.
2022, October, 17, 12:25:00
GLOBAL CLEAN ENERGY: SLOWLY AND EXPENSIVE
Progress on the world’s rising climate action ambitions could be undermined by a shortage of some of the critical minerals used in clean-energy technologies including wind turbines, solar farms and electric vehicles (EVs),
2022, October, 17, 12:20:00
DIGITAL CLEAN ENERGY TRANSITION
With AI, utilities can forecast more accurately to predict how much actual power their installations will generate in any situation.
2022, October, 17, 12:15:00
U.S. RIGS DOWN 7 TO 769
U.S. Rig Count is up 7 from last week to 769, Canada Rig Count is up 1 from last week to 216.
2022, October, 17, 12:10:00
U.S. OIL INVENTORIES UP BY 9.9 MB TO 439.1 MB
U.S. commercial crude oil inventories increased by 9.9 million barrels to 439.1 million barrels.
2022, October, 13, 13:20:00
OIL PRICE: BRENT BELOW $93, WTI BELOW $88
Brent rose 49 cents, or 0.5%, to $92.94 a barrel , WTI was up 37 cents, or 0.4%, at $87.64 a barrel.
2022, October, 13, 12:55:00
GLOBAL OIL DEMAND +2.6 MBD
Global oil demand for 2022 is now expected to grow by about 2.6 mb/d.
2022, October, 13, 12:50:00
OIL PRICES 2022-23: $93 - $95
The Brent crude oil spot price averages $93 per barrel (b) in the fourth quarter of 2022 (4Q22) and $95/b in 2023.
2022, October, 12, 12:30:00
OIL PRICE: BRENT BELOW $95, WTI BELOW $90
Brent were down 2 cents, or 0.02%, to $94.27 a barrel, WTI was at $89.14 a barrel, down 21 cents, or 0.24%.
2022, October, 11, 17:45:00
OIL PRICE: BRENT ABOVE $94, WTI ABOVE $89
Brent was down $1.63, or 1.7%, to $94.56 a barrel, WTI dropped $1.82, or 2%, to $89.31.
2022, October, 11, 17:30:00
OPEC+ STABILIZE MARKETS
The OPEC+ alliance, co-chaired by Russia and Saudi Arabia, last week agreed to cut its production by 2 million barrels a day, the biggest reduction since 2020.
2022, October, 10, 12:55:00
OIL PRICE: BRENT NEAR $97, WTI NEAR $92
Brent was down 77 cents, or 0.8%, at $97.15 a barrel, WTI was at $92 a barrel, down 64 cents, or 0.7%.
2022, October, 10, 12:50:00
EUROPEAN GAS PRICES DOWN ANEW
Benchmark Dutch front-month futures dropped as much as 7.8% to 144 euros per megawatt-hour, the lowest intraday since July 1.
2022, October, 10, 12:45:00
EUROPEAN GAS PRICES LIMITS
Europe's gas price benchmark, the TTF month-ahead contract, traded Oct. 7 below Eur160/MWh, more than 50% lower than peaks seen in late August.
2022, October, 10, 12:40:00
GLOBAL CLIMATE WITHOUT CRISIS
The nations which are home to more than half of the world’s population are not treating climate change as a crisis.
