Analysis
2022, January, 20, 15:55:00
OIL PRICE: NEAR $88 ANEW
Brent were down 39 cents, or 0.4%, at $88.05 a barrel, WTI were down 29 cents, or 0.3%, at $86.67 a barrel.
2022, January, 20, 15:50:00
GLOBAL OIL DEMAND WILL UP TO 100 MBD
World oil demand was seen rising by 5.5 million b/d in 2021 and by 3.3 million b/d in 2022, the IEA said, surpassing its pre-pandemic levels by 200,000 b/d to 99.7 million b/d.
2022, January, 20, 15:35:00
GAS COMPETITION OF EUROPE, CHINA
Moscow plans to build a new pipeline to China, which could give Russia the power to sell gas to the highest bidder, pitting Chinese and European consumers against one another.
2022, January, 19, 11:00:00
OIL PRICE: NEAR $88
Brent rose 87 cents, or 1%, to $88.38 a barrel, WTI climbed $1.03, or 1.2%, to $86.46 a barrel.
2022, January, 19, 10:50:00
OIL PRICE WILL BE $100
Global oil demand is seen rising 3.5 million barrels per day (bpd) year-on-year in 2022, with fourth-quarter demand reaching 101.6 million bpd.
2022, January, 19, 10:45:00
OIL PRICE MOVING ABOVE $80
There has also been signs of decoupling between the Russian Ruble and the BRENT Oil price as shown on the chart since the start of 2021.
2022, January, 19, 10:35:00
U.S. GAS PRODUCTION DOWN
While US gas production was largely unchanged in the 2020 to 2021 new year, production declines of varying magnitudes and durations were recorded over at least the five new year's prior, dating back to the 2015-2016 winter season.
2022, January, 18, 13:10:00
OIL PRICE: ABOVE $87
Brent rose $1.02, or 1.2%, to $87.50 a barrel, WTI jumped $1.36, or 1.6%, to $85.18 a barrel.
2022, January, 18, 13:00:00
CHINA OIL IMPORTS DOWN BY 5%
In 2021, China imported 513 Mt of crude oil (-5.4% compared to 2020), 27 Mt of refined products (-4%), 323 Mt of coal and lignite (+6.6%) and 121 Mt of natural gas (+19.9%),
2022, January, 18, 12:55:00
GLOBAL COAL PRODUCTION UP BY 5%
Global hard coal production increased by more than 5% in 2021
2022, January, 18, 12:39:00
CANADA'S CLEAN ENERGY
Canada’s current energy and economic profile presents both challenges and opportunities in achieving these targets given its profile as a major producer, consumer and exporter of energy, and its northern climate.
2022, January, 17, 11:55:00
OIL PRICE: NEAR $86
Brent gained 40 cents, or 0.5%, to $86.46 a barrel , WTI was up 58 cents, or 0.7%, at $84.40 a barrel.
2022, January, 17, 11:45:00
GLOBAL ELECTRICITY DEMAND UP BY 6%, 1 500 TWH
After small drop in 2020, global electricity demand grew by 6% in 2021. It was the largest ever annual increase in absolute terms (over 1 500 TWh) and the largest percentage rise since 2010 after the financial crisis.
2022, January, 17, 11:19:00
LNG FOR S.KOREA DOWN
The country imported 3.862 million mt of LNG in December, down 9.3% from 4.257 million mt a year earlier, customs data showed Jan. 17.
2022, January, 17, 11:10:00
U.S. RIGS UP 13 TO 601
U.S. Rig Count is up 13 from last week to 601, Canada Rig Count is up 50 from last week to 191.