Analysis
2021, December, 23, 15:55:00
U.S. OIL INVENTORIES DOWN BY 4.7 MB TO 423.6 MB
U.S. commercial crude oil inventories decreased by 4.7 million barrels from the previous week to 423.6 million barrels.
2021, December, 22, 12:20:00
OIL PRICE: NEAR $74 YET
Brent rose 1 cent, or 0.01%, to $73.99 a barrel, WTI rose 12 cents, or 0.1%, to $71.24 a barrel.
2021, December, 22, 12:15:00
EUROPEAN GAS PRICES UP
Gas prices continued to soar Dec. 21 across the board with assessing TTF front-month at a record Eur180.30/MWh, up 23% on the days and also doubling since Dec. 6.
2021, December, 22, 12:05:00
GERMANY'S CO2 EMISSIONS UP
CO2 emissions from power generation thus rose by 13% in 2021, though remaining within the path of the Climate Protection Act.
2021, December, 22, 11:50:00
NORWAY OIL, GAS PRODUCTION 1.999 MBD
Preliminary production figures for November 2021 show an average daily production of 1 999 000 barrels of oil, NGL and condensate.
2021, December, 22, 11:40:00
U.S. FEDERAL FUNDS RATE 0.0 - 0.25% ANEW
The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, the Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent.
2021, December, 21, 13:25:00
OIL PRICE: NOT BELOW $71 YET
Brent was down 8 cents, or 0.1%, at $71.44 a barrel, WTI rose 5 cents, or 0.1%, to $68.66 a barrel.
2021, December, 20, 12:45:00
OIL PRICE: NEAR $70 ANEW
Brent fell $2.14, or 2.9%, to $71.38 a barrel, WTI fell $2.45, or 3.5%, to $68.41 a barrel.
2021, December, 20, 12:20:00
GLOBAL CLIMATE POINTS: 50,000 YEARS
The important message is that the earth has experienced a major tipping point approximately every 50,000 years.
2021, December, 20, 12:15:00
GLOBAL ENERGY WORKFORCE CHANGES
In the energy industry, a survey revealed that almost half, that is 43 percent of workers worldwide are considering leaving the energy industry within the next five years.
2021, December, 20, 12:05:00
U.S. RIGS UP 3 TO 579
U.S. Rig Count is up 3 from last week to 579, Canada Rig Count is down 10 from last week to 167.
2021, December, 17, 13:05:00
OIL PRICE: NEAR $74
Brent fell 59 cents, or 0.8%, to $74.43 a barrel, WTI dropped 67 cents, or 0.9%, to $71.71 a barrel.
2021, December, 17, 12:55:00
GAZPROM GAS PRODUCTION +14%
According to preliminary data, Gazprom produced 490.4 billion cubic meters of gas between January 1 and December 15, 2021, which is 14.2 per cent (or 61.1 billion cubic meters) more than in the same period of last year.
2021, December, 17, 12:40:00
GLOBAL COAL DEMAND UP
Demand for coal was particularly strong in the first half of 2021, cutting into stock levels and pushing up prices
2021, December, 17, 12:35:00
CHINA LNG IMPORTS GROWTH
China’s LNG imports have grown steadily every year since 2006 (when China began importing LNG), except in 2015. In 2017, China became the world’s second-largest LNG importer, surpassing South Korea.