Brent rose 32 cents, or 0.4%, to $84.79 a barrel, WTI rose 32 cents, or 0.4%, to $84.79 a barrel.

The country's total crude imports averaged 10.3 million b/d in 2021, falling 5.4% year on year amid destocking activities.

U.S. commercial crude oil inventories decreased by 4.6 million barrels from the previous week to 413.3 million barrels.

Brent gained 15 cents, or 0.2%, to $84.82 a barrel, WTI were up 3 cents to $82.67 a barrel.

The Henry Hub prompt-month contract soared 60.80 cents to settle at $4.857/MMBtu Jan. 12, which is the highest price for a prompt-month contract since Nov. 26.

Brent were up 6 cents, or 0.07%, at $83.78 a barrel, WTI rose 20 cents, or 0.3%, to $81.42 a barrel .

Brent crude oil spot prices averaged $71 per barrel (b) in 2021, and we forecast Brent prices will average $75/b in 2022 and $68/b in 2023.

Global coal demand may well hit a new all-time high in the next two years

The EU's Copernicus Climate Change Service (C3S) said in a report on Monday that the last seven years were the world's warmest "by a clear margin" in records dating back to 1850 and the average global temperature in 2021 was 1.1-1.2C above 1850-1900 levels.

National oil company Sinopec expects Chinese natural gas demand to reach 395 Bcm in 2022, up 7% from an estimated 370 Bcm in 2021, according to its research arm, Sinopec Economics & Development Research Institute.

Brent gained 60 cents, or 0.7%, to $81.47 a barrel, WTI rose 68 cents, or 0.9%, to $78.91 a barrel.

Iraq, OPEC's second largest producer, has a January quota of 4.281 million b/d.

Libya's crude production averaged around 1.11 million b/d in 2021, compared with 360,000 b/d and 1.05 million b/d in 2020 and 2019 respectively.

In 2022, we expect 46.1 gigawatts (GW) of new utility-scale electric generating capacity to be added to the U.S. power grid,

The share of renewables in the power mix declined from 48% in 2020 to less than 43% in 2021, with 23% of wind, 9% of solar and 11% of biomass, hydropower and other renewables.