Analysis
2021, June, 18, 12:15:00
OIL FOR S. KOREA UP
The world's fifth-largest crude importer received 1.227 million mt, or 8.99 million barrels, of US oil in May, up from 7.41 million barrels a year earlier,
2021, June, 18, 12:10:00
LNG FOR S. KOREA UP
Of the utility's total LNG sales in May, purchases by power generators surged 79.1% year on year to 1.168 million mt and to retail gas companies for households and businesses rose 17% to 1.147 million mt.
2021, June, 17, 12:50:00
OIL PRICE: NOT ABOVE $75
Brent dropped 33 cents, or 0.4%, to $74.06 a barrel, WTI dropped 33 cents, or 0.4%, to $74.06 a barrel.
2021, June, 17, 12:45:00
CHINA'S OIL THROUGHPUT UP 4.4%
These brought the country's throughput in the first five months to average at 14.21 million b/d with a 12.7% year-on-year jump.
2021, June, 17, 12:35:00
U.S. OIL INVENTORIES DOWN 7.4 MB TO 466.7 MB
U.S. commercial crude oil inventories decreased by 7.4 million barrels from the previous week to 466.7 million barrels.
2021, June, 17, 12:30:00
U.S. RENEWABLES RECORD 12%
In 2020, consumption of renewable energy in the United States grew for the fifth year in a row, reaching a record high of 11.6 quadrillion British thermal units (Btu), or 12% of total U.S. energy consumption.
2021, June, 17, 12:20:00
U.S. FEDERAL FUNDS RATE 0.0 - 0.25% YET
The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent
2021, June, 16, 11:55:00
OIL PRICE: ABOVE $74
Brent was up 29 cents, or 0.4%, at $74.28 a barrel, WTI gained 32 cents, or 0.4%, to $72.44 and hit $72.83.
2021, June, 16, 11:30:00
BRITAIN'S NUCLEAR POWER STRATEGY
It is essential that the roles for nuclear energy are set out and assessed clearly, with the acknowledgement that they will not be adopted unless they are part of an
optimised solution. It is also essential that similarly objective assessment mechanisms are applied to all decarbonisation options.
2021, June, 16, 11:15:00
THE NEW U.S. RENEWABLES 94%
According to a review by the SUN DAY Campaign of data recently released by the Federal Energy Regulatory Commission (FERC), wind and solar resources provided nearly all (93.84%) of the new electrical generating capacity added in the U.S. during the first four months of 2021 .
2021, June, 16, 11:05:00
HYDROPOWER WILL NEED TO DOUBLE
To limit dangerous global warming and achieve net zero by 2050, the International Energy Agency (IEA) says the water power sector will need to double in size to 2,600GW.
2021, June, 16, 11:00:00
U.S. SOLAR POWER OVER 100 GW
Renewable energy accounted for nearly 100% of all new electric capacity in Q1 with solar doubling in the last 3.5 years
2021, June, 16, 10:40:00
BIG OIL RENEWABLE INVESTMENT UP
Oil & Gas (O&G) companies in fact increased their overall investment into various forms of clean energy by over 30%
2021, June, 16, 10:35:00
U.S. RIGS UP 5 TO 461
U.S. Rig Count is up 5 from last week to 461, Canada Rig Count is up 16 from last week to 93.
2021, June, 10, 13:05:00
OIL PRICE: ABOVE $72 ANEW
Brent remained unchanged to settle at $72.22 a barrel, WTI closed 9 cents, or 0.1%, lower at $69.96 a barrel,