U.S. Rig Count is up 2 from last week to 455, Canada Rig Count is down 1 from last week to 58.

Brent fell $1.55, or 2.3%, to settle at $65.11 a barrel. WTI crudeended $1.31, or 2.1%, lower at $62.05 a barrel.

Средняя цена на нефть Urals за период мониторинга с 15 апреля 2021 года по 14 мая 2021 года составила $ 65,45667 за баррель, или $ 477,8 за тонну.

The five-year average for week 19 is about flat with the most recent week at about 12.3 million st. Over 19 weeks, production was about 207 million st, up 3.3% from the year-ago period.

Preliminary production figures for March 2021 show an average daily production of 2 094 000 barrels of oil, NGL and condensate.

Brent was down $1.40, or 2.1%, at $65.26 a barrel. WTI lost $1.12, or 1.7%, to $62.24 a barrel.

The Russian physicist Lev Artsimovich once said, “Fusion will be ready when society needs it.” Ideally, we would have solved fusion 30 years ago and today it would be ready to roll out. But conditions in the past weren’t right for fusion, and there wasn’t the right kind of drive or possibility for it.

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

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%.

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.