Analysis
2022, August, 1, 11:00:00
OIL PRICES CAN RISE
The WTI crude oil appears to have recently bounced off the crucial support zone at about $93.00 per barrel. It has since edged higher to trade at $97.26, indicating progress in the recovery.
2022, August, 1, 10:50:00
RUSSIAN COAL FOR INDIA UP
Now the increase in Russian coal is pushing out US, South African, Australian, and some higher CV Indonesian coal.
2022, August, 1, 10:45:00
INDIA NEED COAL AGAIN
India's coal based generation accounted for 69.9% of the country's overall electricity generation of 1,490.277 billion units in fiscal year 2021-22 (April-March), a growth of 9.5% from a year ago.
2022, August, 1, 10:30:00
10 U.S. SMR FOR POLAND
In June, Last Energy signed an agreement with Polish state-owned energy company Enea SA to cooperate on the deployment of SMRs, potentially in Poland.
2022, August, 1, 10:25:00
U.S. RENEWABLES RISES AGAIN
For the first five months of 2022, solar, wind, and other renewable energy sources provided 25.7% of U.S. electricity – more than either coal or nuclear power and up from 22.9% a year earlier.
2022, August, 1, 10:15:00
U.S. OIL INVENTORIES DOWN BY 4.5 MB TO 422.1 MB
U.S. commercial crude oil inventories decreased by 4.5 million barrels to 422.1 million barrels.
2022, August, 1, 10:10:00
U.S. RIGS UP 9 TO 767
U.S. Rig Count is up 9 from last week to 767, Canada Rig Count is up 9 from last week to 204.
2022, July, 26, 10:55:00
OIL PRICE: BRENT NEAR $107, WTI ABOVE $98
Brent rose $1.66, or 1.6%, to $106.81 a barrel, WTI increased $1.47, or 1.5%, to $98.17 a barrel.
2022, July, 26, 10:50:00
OPEC OIL PRICE: $107.66
The price of OPEC basket of thirteen crudes stood at $107.66 a barrel
2022, July, 26, 10:25:00
U.S. LNG EXPORTS GROWTH
Most U.S. LNG exports went to the EU and the UK during the first five months of this year, accounting for 71%, or 8.2 Bcf/d, of the total U.S. LNG exports
2022, July, 26, 10:15:00
BASELOAD/ RENEWABLES REPLACEMENT
The transition to a renewable plus storage grid would require replacement of baseload coal generation and perhaps nuclear generation as well.
2022, July, 26, 10:10:00
U.S. OIL INVENTORIES DOWN BY 0.4 MB TO 426.6 MB
U.S. commercial crude oil inventories decreased by 0.4 million barrels to 426.6 million barrels.
2022, July, 26, 10:05:00
U.S. RIGS UP 2 TO 758
U.S. Rig Count is up 2 from last week to 758, Canada Rig Count is up 4 from last week to 195.
2022, July, 21, 14:10:00
OIL PRICE: BRENT NEAR $102, WTI NEAR $95
Brent lost $5.13, or 4.8%, to $101.79 a barrel, WTI were down $5.05, or 5.06%, at $94.83.
2022, July, 21, 14:00:00
INDIA'S LPG RECORD
Steady inflows have lengthened waiting times for Very Large Gas Carriers to discharge at India's terminals,
