U.S. commercial crude oil inventories decreased by 4.6 million barrels from the previous week to 428.3 million barrels.

Front-month gas futures fell 4.7 cents, or 1.2%, to settle at $3.747 per million British thermal units (mmBtu), their lowest close since Dec. 7.

Among the 17 Sustainable Development Goals (SDGs) of the 2030 Agenda made by the United Nations (UN), there is the objective of ensuring reliable, sustainable, modern, and affordable access to clean energy for all.

U.S. Rig Count is up 7 from last week to 576, Canada Rig Count is down 3 from last week to 177.

U.S. commercial crude oil inventories decreased by 0.2 million barrels from the previous week to 432.9 million barrels.

Commonwealth Fusion Systems (CFS) announced on 1 December that it has closed on more than $1.8 billion in Series B funding to commercialise fusion energy. This includes capital to construct, commission, and operate SPARC, the world’s first commercially relevant net energy fusion machine.

The NuScale Power Module is a pressurised water reactor with all the components for steam generation and heat exchange incorporated into a single unit, generating 77 MWe.

U.S. Rig Count is up 0 from last week to 569, Canada Rig Count is up 9 from last week to 180.

U.S. commercial crude oil inventories decreased by 0.9 million barrels from the previous week to 433.1 million barrels.

Natural gas prices also had an impact on November's power prices. At the Houston Ship Channel, spot gas this November has averaged $4.788/MMBtu, down from October's $5.29/MMBtu but up from November 2020's $2.597/MMBtu.

US support for nuclear energy has grown 10 percentage points from 2018 to 2021, with 59% overall now saying they are strongly or somewhat in support.

U.S. commercial crude oil inventories increased by 1.0 million barrels from the previous week to 434.0 million barrels.

"The partnership with Hyundai Engineering & Construction enhances our ability to deliver SMR-160 projects on schedule and at a competitive price," Holtec Senior Vice President of International Projects Rick Springman said.

U.S. Rig Count is up 6 from last week to 569, Canada Rig Count is up 4 from last week to 171.

China, India, Japan, South Korea and the UK will join the US in releasing strategic oil stocks, the White House said, without giving further details.