Ministers from OPEC+, which groups the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, meet on Sunday in Vienna.

The European Commission hopes to introduce a "requirement for attestations to also include itemized ancillary costs, such as insurance and freight," on top of a declaration on the price paid for the Russian oil.

The world oil demand growth forecast for 2023 is revised up marginally from the previous month’s assessment to 2.5 mb/d.

Kazakhstan’s National Atomic Company Kazatomprom has signed a contract for the supply of natural uranium concentrate with China National Uranium Corporation Limited (CNUC - a subsidiary of China National Nuclear Corporation).

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.

The agreement was signed by US Secretary of State Antony Blinken and Philippine Department of Energy Secretary Raphael Lotilla on the sidelines of the 30th Asia-Pacific Economic Cooperation Leaders' Summit in San Francisco. The signing was witnessed by Philippine President Ferdinand Marcos.

The agreement also said necessary regulations should be developed to create the conditions for the construction and operation of small modular reactors (SMRs) in Sweden. In addition, the permitting process for nuclear power plants must be shortened.

Blockchain's ability to enable peer-to-peer (P2P) transactions and operate a decentralized marketplace can facilitate consumers to be the producers of energy.

Brent were up 10 cents, or 0.1%, at $77.52 a barrel, WTI was nearly flat at $72.95.

Oil ministry officials said India diversified its sources to import crude from as many as 39 nations and hoped the return of OPEC member Venezuela would add to the country's list of steady suppliers.