U.S. Rig Count is down 1 from last week to 456 , Canada Rig Count is up 15 from last week to 77.

Brent rose 33 cents, or 0.5%, to $71.64 a barrel , WTI was up 22 cents, or 0.3%, at $69.03.

Учитывая довольно высокую стоимость энергетического перехода – по отдельным расчётам, к 2050 году она может составить от 100 до 200 трлн долларов США, – реализация этого тренда и замена традиционных источников возобновляемыми находится под большим вопросом, считает вице-премьер.

In 2021, annual global energy investment is set to rise to USD 1.9 trillion, rebounding nearly 10% from 2020 and bringing the total volume of investment back towards pre-crisis levels. However, the composition has shifted towards power and end-use sectors – and away from traditional fuel production.

Nuclear has a reliability factor of 80-90% (with many plants above 90%), compared with wind at 30-40% and solar at 10-25%.

"Japanese refiners will buy Iranian crude. Iranian crude is impossible to replace by other grades and are unique,"

North Macedonia has unveiled an €8.2bn investment plan for the 2021-2027 period, including €3.1bn for the energy sector.

Located in the Northern Cape province, the projects, which would require a US$1bn investment, include a 225 MW/1,140 MWh battery storage.

U.S. commercial crude oil inventories decreased by 5.1 million barrels from the previous week to 479.3 million barrels.

Brent settled up 93 cents, or 1.3%, to $70.25 a barrel , WTI was up $1.40, or 2.1%, to $67.72.