Brent dipped 18 cents, or 0.2%, to $84.57 a barrel , WTI were down 16 cents, also 0.2%, at $78.00 a barrel.

Средняя цена на нефть марки Urals в январе-феврале 2023 года сложилась в размере $49,52 за баррель, в январе-феврале 2022 года – $88,89 за баррель.

China's apparent gas consumption was 366.3 billion cubic metres in 2022, down 1.7% from the previous year, data from the country's National Development and Reform Commission showed.

India is bracing for another summer of grueling heat that’s likely to push power demand to a record and pressure the country’s grid, which relies on coal for about 70% of electricity generation.

The EU banned imports of Russian oil products from Feb. 5, two months after imposing restrictions on seaborne crude shipments from the country.

After excluding 7 bids due to formal errors, the regulator selected 119 proposals with prices ranging between €7.24c/kWh and the maximum permissible value of €7.35c/kWh. The volume-weighted average reached €7.34c/kWh (+25% compared to the previous round).

Brent rose 45 cents, 0.5%, to $83.90 a barrel, WTI gained 42 cents, or 0.6%, to $77.47 a barrel.

Brent were down 30 cents, or 0.36%, at $82.86 a barrel, WTI traded at $76.09 a barrel.

At the same time, Russian LNG imports into the EU rose by around a third to 14.1 million mt (19 Bcm), but it was LNG from other sources -- the US in particular -- that helped fill some of the gap left by lost Russian gas.

Even though Europe has significantly cut its reliance on Russian gas, a lot of the storage that they used to cut the reliance was actually Russian gas from the past.

The electricity industry won’t be able to deal with future demands if it remains on its present modest growth trajectory.

The early retirement of approximately 150GW of coal generating facilities creates another issue for the plant owners, most of which are electric utilities.

Since 2000, the world has spent more than $5 trillion on green energy.

Real gross domestic product (GDP) increased at an annual rate of 2.7 percent in the fourth quarter of 2022, according to the "second" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.2 percent.

Brent fell 30 cents to $82.75 a barrel, WTI dropped by 38 cents to $75.98 a barrel.