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2023, July, 21, 06:30:00
U.S. OIL INVENTORIES UP BY 0.7 MB TO 457.4 MB
U.S. commercial crude oil inventories decreased by 0.7 million barrels to 457.4 million barrels.
2023, July, 14, 07:00:00
OIL PRICE: BRENT ABOVE $81, WTI NEAR $77
Brent had added 5 cents, or 0.1%, to $81.41 per barrel, WTI rose 9 cents, or 0.1%, to $76.98.
2023, July, 14, 06:55:00
OIL PRICES 2023-24: $80 - $84
The Brent crude oil spot price will average $80 per barrel (b) in 4Q23 and $84/b in 2024.
2023, July, 14, 06:50:00
RUSSIAN OIL VS SANCTIONS
According to price reporting agency Argus Media, Urals crude topped $60 a barrel on Wednesday, climbing above the cap that the Group of Seven set last year in an attempt to restrict revenue to Moscow’s war machine.
2023, July, 14, 06:45:00
RUSSIAN ENERGY REVENUES DOWN
The central bank still expects a current account surplus of $47 billion this year and $38 billion in 2024. On Tuesday, it said in a statement that Russia’s worsening trade balance was caused by a decrease in export volumes as well as the decline in prices mainly for energy exports.
2023, July, 14, 06:40:00
RUSSIAN NUCLEAR FOR HUNGARY
The Paks II project was launched in 2014 by an inter-governmental agreement between Hungary and Russia for two VVER-1200 reactors (units 5&6) to be supplied by Rosatom.
2023, July, 14, 06:35:00
QATAR LNG RECORD
About 40% of new global LNG output will come from Qatar by 2029, said Minister of Energy Saad al-Kaabi at the LNG 2023 conference.
2023, July, 14, 06:30:00
S.KOREA NEED NUCLEAR
South Korea has been expanding its nuclear energy ambitions since President Yoon Suk-yeol assumed power in May 2022 and reversed former President Moon Jae-in's policy of phasing out nuclear power.
2023, July, 14, 06:25:00
TURKEY NEED NUCLEAR
The Akkuyu plant, in the southern Mersin province, is Turkey's first. Rosatom is building four VVER-1200 reactors, under a so-called BOO (build-own-operate) model.
2023, July, 14, 06:20:00
U.S. OIL INVENTORIES UP BY 5.9 MB TO 458.1 MB
U.S. commercial crude oil inventories increased by 5.9 million barrels to 458.1 million barrels.