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Analysis

Analysis
2024, November, 8, 07:00:00
OIL PRICE: BRENT ABOVE $75, WTI NEAR $72
Brent fell 47 cents, or 0.6%, to $75.16 per barrel, WTI fell 55 cents or 0.8% to $71.81.
Analysis
2024, November, 8, 06:30:00
NATURAL GAS : BROKEN OARS
The murky waters are filled with Broken Oars for the start of the month in #NaturalGas as we enter the drastic weather changes season.There is a disparity of weather patterns from the 5-year average.
Analysis
2024, November, 8, 06:20:00
WORLDWIDE RIG COUNT UP 3 TO 1,754
The Worldwide Rig Count for October was 1,754, up 3 from the 1,751 counted in September 2024, and down 22, from the 1,776 counted in October 2023.
Analysis
2024, November, 5, 07:00:00
OIL PRICE: BRENT ABOVE $75, WTI ABOVE $71
Brent ticked up 14 cents, or 0.19%, to $75.22 a barrel, WTI was at $71.6 a barrel, up 13 cents, or 0.18%.
Analysis
2024, November, 5, 06:55:00
OPEC OIL PRODUCTION UP
Supplies from the Organization of Petroleum Exporting Countries increased by 370,000 barrels a day to 29.9 million a day in October, according to a Bloomberg survey. The gain was tempered by reductions in Iraq, Iran and Saudi Arabia.
Analysis
2024, November, 5, 06:50:00
EUROPEAN CLIMATE NEED MONEY
The EC also said that "continued" and "further action" is needed for the EU to meet its ambitious target of reducing emissions by 55% in 2030 from 1990 levels.
Analysis
2024, October, 29, 07:00:00
OIL PRICE: BRENT ABOVE $71, WTI ABOVE $67
Brent climbed 3 cents to $71.45 a barrel, WTI was up 7 cents at $67.45 a barrel.
Analysis
2024, October, 29, 06:45:00
THE BIG RENEWABLE LIE
Solar and wind generation facilities are approximately the same capital cost per unit of rated capacity as fossil fueled generation facilities. However, the renewable generators have a capacity factor approximately one third the capacity factor of the fossil generation facilities.
Analysis
2024, October, 29, 06:40:00
BUILDING ENERGY RESILIENCE
Climate change has led to more severe natural disasters with profound socioeconomic and infrastructural effects. From 1960 to 2019, there was a 13-fold increase in natural catastrophes worldwide.
Analysis
2024, October, 23, 07:00:00
OIL PRICE: BRENT NEAR $76, WTI ABOVE $71
Brent dipped 20 cents, or 0.3%, to $75.84 a barrel , WTI shed 20 cents, or 0.3%, to $71.54 a barrel.
Analysis
2024, October, 18, 07:00:00
OIL PRICE: BRENT ABOVE $74, WTI NEAR $71 ANEW
Brent gained 8 cents, or 0.1%, to $74.53 a barrel, WTI fwas at $70.82 a barrel, up 15 cents, or 0.2%.
Analysis
2024, October, 8, 07:00:00
OIL PRICE: BRENT NEAR $80, WTI NEAR $76
Brent fell $1.17, or 1.5%, to $79.76 per barrel, WTI fell $1.19, or 1.6%, to $75.95 a barrel.
Analysis
2024, October, 8, 06:15:00
WORLDWIDE RIG COUNT UP 15 TO 1,751
The Worldwide Rig Count for September was 1,751, up 15 from the 1,735 counted in September 2024, and down 8, from the 1,759 counted in September 2023.
Analysis
2024, October, 7, 07:00:00
OIL PRICE: BRENT NEAR $78, WTI ABOVE $74
Brent fell 31 cents, or 0.4%, to $77.74 per barrel, WTI slipped 20 cents, or 0.27%, to $74.18 per barrel.
Analysis
2024, October, 7, 06:55:00
RUSSIAN OIL REVENUE +4%
The Russian budget received a total of 597.2 billion rubles ($6.28 billion) from its oil industry last month, up nearly 4% from a year earlier, the Finance Ministry said on Thursday.