Analysis
![Analysis](/cache/08-21/nuclear-012.a7e3476a.jpg)
2021, August, 30, 13:40:00
LOW CARBON NUCLEAR POWER
“Low carbon renewable energy sources are climate friendly but are not always readily controllable or able to meet energy demand due to the intermittent nature of solar and wind, and the absence of massive energy storage capacities. This means the power grid often requires supplementary energy sources,”
![Analysis](/cache/08-21/rig-005.959541c8.jpg)
2021, August, 30, 13:30:00
U.S. RIGS UP 5 TO 508
U.S. Rig Count is up 5 from last week to 508 , Canada Rig Count is down 9 from last week to 147.
![Analysis](/cache/08-21/price-078.27ab2654.jpg)
2021, August, 27, 12:10:00
OIL PRICE: NOT ABOVE $72 ANEW
Brent rose 98 cents, or 1.4%, to $72.05 a barrel, WTI climbed 93 cents, or 1.4%, to $68.35 a barrel.
![Analysis](/cache/08-21/price-072.74896c43.jpg)
2021, August, 27, 12:05:00
OPEC+ RUSSIA UNCERTAINTY
OPEC, Russia and nine other countries agreed in July to increase crude production by 400,000 b/d starting August through the end of 2022, a quantity that many analysts said would be insufficient to meet demand in the short-term, given seasonal consumption patterns and the world's recovery from the pandemic.
![Analysis](/cache/08-21/usa-010.8d210cea.jpg)
2021, August, 27, 11:35:00
U.S. OIL INVENTORIES DOWN BY 3.0 MB TO 432.6 MB
U.S. commercial crude oil inventories decreased by 3.0 million barrels from the previous week to 432.6 million barrels.
![Analysis](/cache/08-21/price-070.9b1f8c64.jpg)
2021, August, 26, 16:30:00
OIL PRICE: NOT ABOVE $72
Brent was down 71 cents, or 1%, at $71.54 a barrel, WTI was down 77 cents, or 1.10%, at $67.59 a barrel.
![Analysis](/cache/08-21/norway-006.5238a66a.jpg)
2021, August, 26, 16:15:00
NORWAY PENSION FUND EARNING $100 BLN
In the first half of 2021, the fund returned 9.4 percent, equivalent to 990 billion kroner.
![Analysis](/cache/08-21/saudi-002.b316088c.jpg)
2021, August, 26, 16:10:00
SAUDI ARAMCO NET INCOME $47.2 BLN
Saudi Aramco net income: $25.5 billion (Q2) / $47.2 billion (H1)
![Analysis](/cache/08-21/norway-005.7270ac24.jpg)
2021, August, 26, 16:05:00
NORWAY OIL, GAS PRODUCTION 2.035 MBD
Preliminary production figures for July 2021 show an average daily production of 2 035 000 barrels of oil, NGL and condensate.
![Analysis](/cache/08-21/santos-004.ba6245d1.jpg)
2021, August, 26, 16:00:00
AUSTRALIA'S SANTOS NET PROFIT $354 MLN
The reported net profit after tax of US$354 million includes net gains on asset sales and is significantly higher than the corresponding period mainly due to impairments included in the previous half-year result.
![Analysis](/cache/08-21/rig-004.2b977f48.jpg)
2021, August, 26, 15:55:00
U.S. RIGS UP 3 TO 503
U.S. Rig Count is up 3 from last week to 503, Canada Rig Count is down 8 from last week to 156.
![Analysis](/cache/08-21/price-065.893ccd47.jpg)
2021, August, 25, 12:50:00
OIL PRICE: NEAR $71
Brent dropped 9 cents, or 0.1%, to $70.96 a barrel, WTI fell 19 cents, or 0.3%, to $67.35.
![Analysis](/cache/08-21/climate-002.add96817.jpg)
2021, August, 25, 12:45:00
CLIMATE CHANGE INTENSIFYING
The report projects that in the coming decades climate changes will increase in all regions. For 1.5°C of global warming, there will be increasing heat waves, longer warm seasons and shorter cold seasons. At 2°C of global warming, heat extremes would more often reach critical tolerance thresholds for agriculture and health, the report shows.
![Analysis](/cache/08-21/price-058.0ba02a25.jpg)
2021, August, 9, 12:05:00
OIL PRICE: BELOW $69
Brent fell by $2.43, or 3.5%, to $68.27 a barrel, WTI fell by $2.43, or 3.5%, to $68.27 a barrel.
![Analysis](/cache/08-21/energy-003.921e5d8c.jpg)
2021, August, 9, 12:00:00
SOLVING THE PROBLEMS OF CONSUMER PROTECTION AND COMPETITION IN THE RENEWABLE ENERGY MARKET
The article proposes a solution to the problems of consumer protection and competition in the renewable energy market, which contradict the UNCTAD policy and the laws of the states parties to the UNFCCC framework convention, but are not discussed or resolved by them.