Analysis
2021, June, 28, 13:40:00
OIL PRICE: NEAR $76
Brent Brent dipped 10 cents, or 0.1%, to $76.08 a barrel, WTI was down 4 cents, or 0.1%, at $74.01 a barrel.
2021, June, 28, 13:35:00
THE DARK SIDE OF SOLAR POWER
The industry’s current circular capacity is woefully unprepared for the deluge of waste that is likely to come.
2021, June, 28, 13:30:00
CHINA'S CLEAN ENERGY TRANSITION
The Plan targets non-fossil fuel energy reaching only 20% of China’s energy supply by 2030; this means that coal must remain China’s dominant electric power generation fuel source for the foreseeable future.
2021, June, 28, 13:20:00
RENEWABLES FOR CITY
This past year has been a whirlwind for large cities with the pandemic, with a significant exodus of residents, talents, and life. People have been moving to smaller and medium-sized municipalities due to remote working opportunities, affordability, and quality of life.
2021, June, 28, 13:05:00
U.S. RIGS UP 0 TO 470
U.S. Rig Count is up 9 from last week to 470, Canada Rig Count is up 24 from last week to 117.
2021, June, 25, 12:50:00
OIL PRICE: NOT ABOVE $76 YET
Brent was up 4 cents, or 0.1%, at $75.60 a barrel, WTI was up 1 cent, or less than 0.1%, at $73.31 a barrel.
2021, June, 25, 12:45:00
OPEC OIL NEEDED
OPEC+ negotiations on August production levels will pick up in earnest on June 29, with a meeting of the delegate-level advisory Joint Technical Committee, before the nine-country Joint Ministerial Monitoring Committee co-chaired by Saudi Arabia and Russia convene on June 30.
2021, June, 25, 12:40:00
INDIA NEED OIL
India is the world's third largest consumer of crude and a key market for many OPEC members.
2021, June, 25, 12:35:00
ASIA'S INDEXES UP
Chinese blue-chips (.CSI300) rose 0.43%, Hong Kong's Hang Seng (.HSI) added 0.61%, Seoul's Kospi (.KS11) was up 0.79% and Australian shares (.AXJO) climbed 0.22%. Japan's Nikkei (.N225) rose 0.59%.
2021, June, 25, 12:20:00
U.S. COAL PRODUCTION UPDOWN
Through 24 weeks, US output was approximately 279 million st, up 8.9% compared with the year-ago period. It is annualized to be 581 million st for the year, up 8.7% from the previous year.
2021, June, 24, 12:20:00
OIL PRICE: NOT ABOVE $76 ANEW
Brent rose 30 cents, or 0.4%, to $75.49 a barrel, WTI climbed 31 cents, or 0.4%, to $73.39 a barrel.
2021, June, 24, 12:15:00
U.S. LNG DEMAND UP
Wide spreads between the price of LNG in end-user markets in Asia and Europe and feedgas prices based on the US Henry Hub have been incentivizing robust export activity from the US Gulf and Atlantic coasts.
2021, June, 24, 12:05:00
CHINA COAL PRICES UP
The most-traded coking coal futures contract on the Dalian Commodity Exchange , for September delivery, ended at 2,037 yuan ($314.24) per tonne.
2021, June, 24, 12:00:00
EURO BONDS YIELDS UP
In Germany, the euro zone’s benchmark bond issuer, 10-year yields have risen around 12 basis points
2021, June, 24, 11:55:00
U.S. OIL INVENTORIES DOWN 7.6 MB TO 459.1 MB
U.S. commercial crude oil inventories decreased by 7.6 million barrels from the previous week to 459.1 million barrels.