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2022, May, 18, 12:15:00
OIL PRICE: BRENT ABOVE $113, WTI ABOVE $114
Brent was up 23 cents, or 0.2%, at $112.16 a barrel, WTI climbed 71 cents, or 0.6%, to $113.11 a barrel.
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2022, May, 18, 12:10:00
OPEC OIL PRICE: $117.20
The price of OPEC basket of thirteen crudes stood at $117.20 a barrel on Tuesday
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2022, May, 18, 12:05:00
INDIA'S OIL DEMAND UPDOWN
India's oil demand is expected to grow by 245,000 b/d year on year in 2022, revised up by about 20,000 b/d from an earlier outlook, due to better-than-expected demand trends.
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2022, May, 18, 12:00:00
CHINA COAL PRODUCTION UP ANEW
China's domestic coal production hit a high of 395.79 million mt in March, before slipping to around 362.80 million mt in April
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2022, May, 18, 11:55:00
GERMANY AGAINST NUCLEAR POWER
Germany will phase out nuclear energy by 2022.
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2022, May, 18, 11:50:00
RUSSIAN ELECTRICITY FOR FINLAND IS STOPPED
The Finnish transmission system operator (TSO) Fingrid estimates that there is no threat to the sufficiency of electricity in the country since electricity imports from Russia covered about 10% of Finland’s total consumption before the suspension.
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2022, May, 18, 11:45:00
GAZPROM GAS PRODUCTION DOWN
Gazprom produced 193.8 billion cubic meters of gas from January 1 through May 15, 2022. This is a decrease of 3.7 per cent (or 7.5 billion cubic meters) versus the same period of 2021.
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2022, May, 18, 11:40:00
RUSSIAN SMR NUCLEAR FUEL
Russian scientific institutes will begin testing fuel rods for small modular reactors (SMRs),
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2022, May, 18, 11:35:00
CHINA SOLAR POWER 11 GW
China’s Shandong Provincial Energy Administration has called for proposals to build 10 fixed offshore solar PV power plants, with a combined capacity of 11.25 GW and set to be realised between 2022 and 2025.
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2022, May, 17, 13:55:00
OIL PRICE: BRENT ABOVE $115, WTI ABOVE $114
Brent rose as high as $115.14, WTI slid 26 cents, or 0.2%, to $113.94.