U.S. Rig Count is up 9 from last week to 512, Canada Rig Count is up 11 from last week to 154.

Brent fell 35 cents, or 0.5%, to $75.32 a barrel, WTI were down 42 cents, or 0.6%, at $72.19 a barrel.

Средняя цена на нефть Urals за период мониторинга с 15 августа 2021 года по 14 сентября 2021 года составила $69,03619 за баррель, или $504,0 за тонну.

The International Atomic Energy Agency (IAEA) has revised up its projections of the potential growth of nuclear power capacity for electricity generation during the coming decades.

U.S. commercial crude oil inventories decreased by 6.4 million barrels from the previous week to 417.4 million barrels.

Brent was up 11 cents, or 0.2%, to $75.57 a barrel, WTI was up 11 cents, or 0.2%, to $75.57 a barrel.

The global offshore wind industry installed 6.1GW of capacity in 2020, down slightly from a record 6.24GW in 2019, although GWEC expects a new record year in 2021, as China’s offshore wind sector rushes to install 7.5GW ahead of the expiry of current feed in tariffs (FITs).

Brent was up 50 cents, or 0.7%, at $74.01 a barrel, WTI climbed 43 cents, or 0.6%, to $70.88 a barrel.

World oil demand growth in 2021 remains unchanged from last month’s assessment, showing growth of 6.0 mb/d despite some offsetting revisions.

Brent rose 67 cents, or 0.9% to $73.59 a barrel, WTI added 66 cents, or 1%, to $70.38.

What fuels increased electricity production year-on-year? Coal – up 34.7% (112.5 million MWh) Wind – up 10% (17.4) Solar – up 29% (12.6)

U.S. Rig Count is up 6 from last week to 503 , Canada Rig Count is down 9 from last week to 143.

Brent rose $1.20, or 1.7%, to $72.65, WTI was at $69.19, up $1.05 or 1.5%.

We expect Brent prices will remain near current levels for the remainder of 2021, averaging $71/b during the fourth quarter of 2021 (4Q21). In 2022, we expect that growth in production from OPEC+, U.S. tight oil, and other non-OPEC countries will outpace slowing growth in global oil consumption and contribute to Brent prices declining to an annual average of $66/b.

U.S. commercial crude oil inventories decreased by 1.5 million barrels from the previous week to 423.9 million barrels.