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Analysis

Analysis
2024, August, 6, 06:20:00
BRENT CRUDE : A POLITE GRIMACE
BRENT Crude trading at the Globex Open on a $76.57/bbl & WTI Crude trading at $73.64/bbl. This is after the US DOE finalised its purchase of 4.65m/bbl of Crude Oil for SPR to be delivered from October to December.ExxonMobil to also supply 3.9m/bbl,Macquarie Commodities trading to supply the rest at an average pricing of $76.92/bbl.
Analysis
2024, July, 30, 07:00:00
OIL PRICE: BRENT ABOVE $79, WTI ABOVE $75
Brent fell by 32 cents, or 0.4%, to $79.46 a barrel, WTI down 36 cents, or 0.5%, at $75.45 a barrel.
Analysis
2024, July, 30, 06:55:00
RUSSIA + INDIA: UP TO $100 BLN
According to Russian customs data, the Russia-India bilateral trade volume hit a record US$23.1 billion in the first four months of the current year, marking a 10% rise versus the same period in 2023.
Analysis
2024, July, 30, 06:30:00
RUSSIAN COAL FOR S.KOREA
Following the South Korean government's decision to restrict state-owned power-generating companies from importing Russian thermal coal from the spot market towards the end of 2023, Russian exports lost ground to Colombian thermal coal supply in recent months.
Analysis
2024, July, 30, 06:20:00
EUROPEAN GAS PRICES UP
Benchmark futures settled 2.2% higher at €32.48 a megawatt-hour Friday after slumping a day earlier. The contract also posted a second straight weekly gain.
Analysis
2024, July, 10, 07:00:00
OIL PRICE: BRENT NEAR $85, WTI ABOVE $81
Brent rose 21 cents to $84.87 a barrel, WTI ose 26 cents to $81.67 a barrel.
Analysis
2024, July, 10, 06:30:00
OIL: CAVEAT EMPTOR
It should be noted that the high flying bulls on the Oil Market may be sublime in the long-run perspective of things as demand is drawing down inventories globally and refinery margins have come off.
Analysis
2024, July, 10, 06:25:00
WORLDWIDE RIG COUNT UP 32 TO 1,707
The Worldwide Rig Count for June was 1,707, up 32 from the 1,675 counted in May 2024, and down 93, from the 1,799 counted in June 2023.
Analysis
2024, July, 3, 07:00:00
OIL PRICE: BRENT NEAR $87, WTI ABOVE $83
Brent edged up 47 cents or 0.5% to $86.71 per barrel, WTI climbed 43 cents or 0.5% to $83.24 per barrel.
Analysis
2024, July, 3, 06:55:00
INDIA, RUSSIA COOPERATION
The agenda includes a logistics supply agreement to bolster cooperation between the two militaries, restarting discussions on the joint development of a fifth generation fighter aircraft, and collaboration on nuclear power, the people said.
Analysis
2024, July, 3, 06:30:00
GLOBAL ENERGY TRANSFORMATION
Digital infrastructure is being deployed across various layers of the power grid, from transmission to distribution, enabling better management and optimization of electrical systems.
Analysis
2024, July, 3, 06:10:00
AI AS A THREAT
This starts by asking about who owns AI and how it might be employed in everyone’s best interest. The future belongs to us all.
Analysis
2024, June, 26, 07:00:00
OIL PRICE: BRENT ABOVE $85, WTI ABOVE $81
Brent rose 40 cents, or 0.5%, to $85.41 a barrel, WTI gained 43 cents, or 0.5%, to $81.26 per barrel.
Analysis
2024, June, 26, 06:55:00
RUSSIAN OIL GAS REVENUES +50%
Russia was able to divert oil exports away from Europe to India and China, securing the much-needed financial flows for its budget, which is in deficit as Moscow spends heavily on defence and security.
Analysis
2024, June, 26, 06:50:00
RUSSIAN OIL FOR INDIA UP
That boosted Russia's share in the world's third largest importer and consumer to nearly 41% last month, the data showed.