Analysis
2022, August, 30, 11:25:00
OIL PRICE: BRENT NEAR $105, WTI NEAR $97
Brent dropped 56 cents, or 0.5%, to $104.53 a barrel, WTI was at $96.86 a barrel, down 14 cents,
2022, August, 30, 11:20:00
OIL PRICES RECORD
West Texas Intermediate was steady near $97 a barrel after jumping 4.2% in the week’s opening session amid concerns about the potential for supply interruptions in Libya
2022, August, 30, 11:15:00
EUROPEAN GAS PRICES DOWN ANEW
European natural gas prices on Monday plunged the most since March after Germany said its gas stores are filling up faster than planned.
2022, August, 30, 11:10:00
EUROPEAN ENERGY CRISIS: NO MEASURES
Europe’s benchmark electricity price has risen to 10 times its decade-long average, in line with a 14-fold increase in the cost of gas, amid fears of shortages this winter.
2022, August, 30, 11:05:00
EUROPEAN UNBEARABLE WINTER
With Russia squeezing gas deliveries and power-plant outages further sapping supply, pressure is growing on EU leaders to act quickly or risk social unrest and political upheaval.
2022, August, 30, 11:00:00
SWISS COLD WINTER
Bern has been working to build up Switzerland's energy production and storage systems, but even the grand opening next month of a new, powerful pumped-storage hydroelectric plant is unlikely to help avoid problems this winter.
2022, August, 29, 12:30:00
OIL PRICE: BRENT ABOVE $101, WTI ABOVE $94
Brent rose 65 cents, or 0.6%, to $101.64 a barrel, WTI was up $1.22, or 1.3%, at $94.28
2022, August, 29, 12:25:00
EUROPEAN GAS PRICES DOWN
Benchmark Dutch front-month futures fell as much as 16%, partly reversing last week’s jump of almost 40%.
2022, August, 29, 12:20:00
GLOBAL 3D ENERGY MEGATRENDS
The transformation of the electricity system is buoyed by three key megatrends: decarbonization, decentralization, and digitalization. Together, these primary trends, the so-called ‘3Ds’, are ushering in a new era of the electricity system by converging to produce game-changing disruptions and fundamentally reshaping the electricity system.
2022, August, 29, 11:50:00
U.S. RIGS UP 3 TO 765
U.S. Rig Count is up 3 from last week to 765 , Canada Rig Count is unchanged from last week at 201
2022, August, 26, 12:15:00
OIL PRICE: BRENT NEAR $100, WTI ABOVE $93 AGAIN
Brent climbed 73 cents, or 0.73%, to $100.07 a barrel, WTI rose 78 cents, or 0.84%, to $92.93.
2022, August, 26, 12:10:00
EUROPE CUT ENERGY
While some countries like Germany, where nearly half the homes rely on gas for heating, are more exposed than others, the European Union is seeking to band together.
2022, August, 26, 12:05:00
BRITISH COLD WINTER
UK households will pay almost triple the price to heat their homes this winter compared with a year ago, a jarring increase for millions of people already struggling to afford everyday essentials.
2022, August, 26, 12:00:00
OPEC EARNINGS $842 BLN
OPEC will earn about $842 billion in oil export revenue in 2022, the most inflation-adjusted net oil export revenue for the group since 2014, when they collectively earned nearly $992 billion.
2022, August, 26, 11:50:00
U.S. OIL INVENTORIES DOWN BY 3.3 MB TO 421.7 MB
U.S. commercial crude oil inventories decreased by 3.3 million barrels to 421.7 million barrels.