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2021, May, 13, 17:50:00
U.S. OIL INVENTORIES DOWN 0.4 MB TO 484.7 MB
U.S. commercial crude oil inventories decreased by 0.4 million barrels from the previous week to 484.7 million barrels,
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2021, May, 13, 17:45:00
BRITAIN'S NUCLEAR KEY
Nuclear power, whether large-scale, small-scale, or advanced, will have a key role to play in meeting the country's net-zero by 2050 goal.
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2021, May, 13, 17:40:00
FRANCE'S NUCLEAR FOR INDIA
The development follows the Indian and French governments signing the Industrial Way Forward Agreement on 10 March 2018 to enable cooperation between the two countries, thereby improving the energy sector and economies through knowledge and technology sharing.
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2021, May, 13, 17:35:00
BRITAIN RENEWABLES 12 GW
The United Kingdom targets 65% of renewables in the power mix by 2030 (47% achieved in 2020).
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2021, May, 13, 17:30:00
TAIWAN OFFSHORE WIND 15 GW
Taiwan is expected to develop a total of 9 GW of offshore wind between 2026 and 2031 and 6 GW between 2032 and 2035.
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2021, May, 13, 17:25:00
PAKISTAN HYDROPOWER 1.5 GW
The civil works contract is worth US$355m and full commissioning is scheduled in mid-2024.
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2021, May, 13, 17:20:00
U.S. GDP UP 6.4%
Real gross domestic product (GDP) increased at an annual rate of 6.4 percent in the first quarter of 2021
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2021, May, 13, 17:15:00
U.S. INTERNATIONAL TRADE DEFICIT UP TO $74.4 BLN
The U.S. goods and services deficit was $74.4 billion in March, up $3.9 billion from $70.5 billion in February
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2021, May, 12, 13:05:00
OIL PRICE: NEAR $69
Brent climbed 18 cents, or 0.3% to $68.73 a barrel. WTI rose 20 cents, or 0.3%, to $65.48.
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2021, May, 12, 13:00:00
OIL PRICES 2021-22: $65-61
EIA forecasts that Brent prices will average $65/b in the second quarter of 2021, $61/b during the second half of 2021, and $61/b in 2022.