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2022, June, 15, 15:05:00
OIL PRICE: BRENT ABOVE $120, WTI ABOVE $118
Brent were down $1.27, or 1%, at $119.90 a barrel, WTI fell $1.44, or 1.2%, to $117.49 a barrel.
2022, June, 15, 15:00:00
OPEC OIL PRICE: $123.73
The price of OPEC basket of thirteen crudes stood at $123.73 a barrel
2022, June, 15, 14:55:00
GLOBAL OIL DEMAND 2022: +3.4 MBD ANEW
For 2022, world oil demand growth is broadly unchanged to stand at 3.4 mb/d.
2022, June, 15, 14:50:00
RUSSIA'S OIL REVENUE UP BY $20 BLN
The decline in overall export volumes is mainly due to lower oil-product flows, while Russian crude shipped in May grew nearly by 500,000 barrels a day compared to the start of the year, mainly thanks to higher deliveries to Asia.
2022, June, 15, 14:45:00
ASIA ENERGY CRISIS
Asian LNG futures for winter delivery surged to the highest level in over two months.
2022, June, 15, 14:40:00
EUROPEAN LNG IMPORTS UP
From January through May 2022, LNG imports into the European Union and the United Kingdom averaged 14.9 Bcf/d, which is 5.9 Bcf/d (66%) more than the annual average in 2021 and 4.7 Bcf/d more than the pre-pandemic high of 10.3 Bcf/d in 2019
2022, June, 15, 14:35:00
U.S. GAS PRICES WILL UP
U.S. natural gas prices to remain relatively high in 2022 because of lower-than-average natural gas inventories resulting from factors affecting both supply and demand.
2022, June, 15, 14:30:00
GLOBAL RISK & STAGFLATION
Global inflation has risen sharply from its lows in mid-2020, on rebounding global demand, supply bottlenecks, and soaring food and energy prices, especially since Russia’s invasion of Ukraine.
2022, June, 15, 14:25:00
NUCLEAR IS A CLIMATE KEY
Nuclear has for the first time in over a decade, woven itself into the public narrative as a key technology to support climate change and net-zero objectives.
2022, June, 15, 14:20:00
EUROPE AGAINST NUCLEAR
There has been a split within the European Union over whether or not nuclear power - and natural gas - should be included as being "sustainable". Nuclear energy was left out of the initial Delegated Act pending further assessment.
