U.S. commercial crude oil inventories increased by 1.3 million barrels from the previous week to 486.0 million barrels.

Brent fell $1.08, or 1.5%, to $67.63 a barrel. WTI dropped $1.05 cents, or 1.6%, to $64.44 a barrel.

The International Energy Agency's Net Zero Emissions (NZE) scenario puts too much faith in technologies that are "uncertain, untested or unreliable" and fails to reflect both the size and scope of the contribution that nuclear technologies could make, World Nuclear Association said

Foratom suggest the report can be a reference for policymakers when preparing national or regional low-carbon energy plans in the perspective of the EU Green Deal, that incorporates EUR1000 billion (USD1221 billion) of public and private investments planned to 2027.

В России сформирован хороший с точки зрения экологии энергобаланс. С учётом производства атомной энергии, работы крупных ГЭС, доля производства «чистой энергии» у нас составляет 40%.

Transmission grid firms have presented plans to the regulator to invest up to 102 billion euros ($124.56 billion) up to 2030, of which 55 billion will go into high-voltage networks and 47 billion into local distribution grids.

A good Gap Up from the previous weeks closing price at 3.00379 saw a huge spike towards the 3.08 handle bringing about more bullish price action momentum towards yesterday's(May17th) peak price at 3.18093.

Total industrial production increased 0.7 percent in April. The indexes for mining and utilities increased 0.7 percent and 2.6 percent, respectively; the index for manufacturing rose 0.4 percent despite a drop in motor vehicle assemblies that principally resulted from shortages of semiconductors.

Brent fwas up 55 cents, or 0.8%, at $70.01. WTI was up 37 cents, or 0.6%, at $66.64.

The report is the world’s first comprehensive study of how to transition to a net zero energy system by 2050 while ensuring stable and affordable energy supplies, providing universal energy access, and enabling robust economic growth.