Brent rose 2 cents to $85.35 a barrel, WTI was down 6 cents to $81.51 per barrel.

Thermal power, which accounts for the bulk of China’s carbon footprint, fell 4.3% in May from the previous year, the biggest drop since 2022, the statistics bureau reported on Monday.

The Worldwide Rig Count for May was 1,675, down 51 from the 1,726 counted in April 2024, and down 107,from the 1,782 counted in May 2023.

Brent lost 14 cents, or 0.17%, to $82.46 a barrel, WTI fell 16 cents, or 0.2%, to hit $78.34.

Huge investments made over the past decades in the development of alternative energy sources have not led to the displacement of fossil fuels from the energy market, and the green transition strategy in its current form cannot ensure the sufficiency, availability and reliability of energy sources.

In the conclusion of the St.Petersburg International Economic Forum,it is clear and evident that Russia has its hands firmly on the global economic growth steering wheel.Their calibration on the global compass remains top notch and success is all for the taking.

Brent were up 4 cents at $77.56 a barrel, WTI were flat at $73.25 a barrel.

Переход на безуглеродную электроэнергетику технически реализуем, но потребует роста затрат на электроснабжение конечных потребителей в 3–7 раз, в зависимости от региона.

Brent ose 21 cents to $83.31 a barrel, WTI were at $78.90 a barrel.

Brent were down 60 cents, or 0.7%, to $82.28 a barrel, WTI slipped 64 cents, or 0.8%, to $78.02.

Gazprom, which holds about 16% of global gas reserves and employs 492,200 people, was once one of Russia's most powerful corporate empires - so powerful it was known as "a state within the state".

Brent climbed 21 cents, or 0.25%, to $83.48 a barrel, WTI rose 7 cents, or 0.09%, to $79.30 a barrel.

the world’s 60 largest lenders had provided around $705bn in financing in 2023 alone.

Production decreased 0.4% in March, led by drops in consumer and intermediate goods, and energy, the statistics office said Wednesday.

Brent rose 35 cents, or 0.4%, to $83.10 a barrel, WTI gained 40 cents, or 0.5%, to $79.03.