Analysis
![Analysis](/cache/06-21/price-520.a180bc5c.jpg)
2021, July, 1, 12:35:00
OIL PRICE: NOT ABOVE $76 AGAIN
Brent ended the session up 37 cents, or 0.5% at $75.13 a barrel, WTI settled up 49 cents, or 0.7% at $73.47 a barrel.
![FINANCING THE ENERGY TRANSITION $131 TLN](https://img.youtube.com/vi/USVBYO5FAvU/0.jpg)
2021, July, 1, 12:30:00
FINANCING THE ENERGY TRANSITION $131 TLN
USD 131 trillion will need to flow into an energy system over the period to 2050 that prioritises technology avenues compatible with a 1.5°C Pathway.
![Analysis](/cache/07-21/price-514.6c0da179.jpg)
2021, July, 1, 12:25:00
EUROPEAN INDEXES UP
The pan-European STOXX 600 was up 1.0% after ending Wednesday with its fifth straight quarter of gains, and was set for its best session in more than a month.
![Analysis](/cache/07-21/usa-394.28d8f770.jpg)
2021, July, 1, 12:10:00
U.S. OIL INVENTORIES DOWN 6.7 MB TO 452.3 MB
U.S. commercial crude oil inventories decreased by 6.7 million barrels from the previous week to 452.3 million barrels.
![Analysis](/cache/06-21/price-512.8099ba30.jpg)
2021, June, 30, 13:25:00
OIL PRICE: NEAR $75 YET
Brent was up 25 cents, or 0.3% at $75.01 a barrel, WTI was up 41 cents, or 0.6% at $73.39 a barrel.
![Analysis](/cache/06-21/price-506.c1141160.jpg)
2021, June, 30, 13:05:00
ASIA'S INDEXES UP ANEW
Chinese blue-chips (.CSI300) added 0.1%, Australian shares (.AXJO) were up 0.58% and set for a ninth straight month of gains, and Seoul's Kospi (.KS11) rose 0.35%. Japan's Nikkei (.N225) edged up 0.06%.
![Analysis](/cache/06-21/climate-72.19ef1966.jpg)
2021, June, 30, 13:00:00
EUROPEAN CLIMATE LAW
According to the EU Climate Law, the European Union will have to cut its net greenhouse gas (GHG) emissions by at least 55% by 2030 compared to 1990 levels and to reach climate neutrality by 2050.
![Analysis](/cache/06-21/price-504.b1cc3354.jpg)
2021, June, 29, 13:35:00
OIL PRICE: NOT ABOVE $75 AGAIN
Brent fell 67 cents, or 0.9%, to $74.01 a barrel, WTI fell 83 cents, or 1.1%, to $72.08 a barrel.
![Analysis](/cache/06-21/price-498.62b5e77c.jpg)
2021, June, 29, 13:20:00
CHINA INDEXES DOWN
Chinese blue-chips fell more than 1%, taking MSCI’s index of emerging market shares 0.4% lower. Investors are also looking forward to U.S. jobs data that could sway the Federal Reserve’s policy outlook.
![Analysis](/cache/06-21/usa-393.e238c171.jpg)
2021, June, 29, 13:10:00
U.S. RENEWABLES UP TO 25.7%
Electrical generation by renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) set a new record in April 2021 and accounted for 25.7% of total US production.
![Analysis](/cache/06-21/price-496.9353957c.jpg)
2021, June, 28, 13:40:00
OIL PRICE: NEAR $76
Brent Brent dipped 10 cents, or 0.1%, to $76.08 a barrel, WTI was down 4 cents, or 0.1%, at $74.01 a barrel.
![Analysis](/cache/06-21/solar-50.f5e8ac1a.jpg)
2021, June, 28, 13:35:00
THE DARK SIDE OF SOLAR POWER
The industry’s current circular capacity is woefully unprepared for the deluge of waste that is likely to come.
![Analysis](/cache/06-21/china-378.fe2797db.jpg)
2021, June, 28, 13:30:00
CHINA'S CLEAN ENERGY TRANSITION
The Plan targets non-fossil fuel energy reaching only 20% of China’s energy supply by 2030; this means that coal must remain China’s dominant electric power generation fuel source for the foreseeable future.
![Analysis](/cache/06-21/renewable-170.f53fe954.jpg)
2021, June, 28, 13:20:00
RENEWABLES FOR CITY
This past year has been a whirlwind for large cities with the pandemic, with a significant exodus of residents, talents, and life. People have been moving to smaller and medium-sized municipalities due to remote working opportunities, affordability, and quality of life.
![Analysis](/cache/06-21/rig-230.28e4b03e.jpg)
2021, June, 28, 13:05:00
U.S. RIGS UP 0 TO 470
U.S. Rig Count is up 9 from last week to 470, Canada Rig Count is up 24 from last week to 117.