Analysis
2022, October, 26, 10:45:00
OIL PRICE: BRENT BELOW $93, WTI BELOW $85
Brent fell $1.03, or 1.1%, to $92.49 a barrel, WTI were down 75 cents, or 0.9%, to $84.57.
2022, October, 26, 10:40:00
EUROPEAN GAS PRICE CAP
The other cap in the mix is one to limit the price of gas used in electricity generation, which is backed by a vociferous group of member states.
2022, October, 25, 14:55:00
OIL PRICE: BRENT NEAR $92, WTI BELOW $84
Brent fell by $1.30 to $91.96 per barrel, WTI fell by $1.24 to $83.34 per barrel.
2022, October, 25, 14:50:00
GLOBAL ENERGY SECURITY
China's crude imports from Russia have continued to stay elevated through 2022, averaging at 1.71 million b/d over January-August, up 7.3% year on year, according to customs data.
2022, October, 25, 14:45:00
GLOBAL ENERGY RESILIENCE
Lesson one is that energy security and energy transition must be in balance to sustain energy systems that are also affordable.
2022, October, 25, 14:40:00
EUROPEAN GAS LIMITS
Caps on gas prices top the political agenda in Europe as governments seek to rein in an unprecedented energy crisis triggered by a cut of gas shipments by Russia, the continent’s former biggest supplier.
2022, October, 25, 14:35:00
RUSSIAN LNG, COAL FOR CHINA
Coking coal imports from Russia jumped to 2.5 million tons in September, from about 900,000 tons in the same month last year and 1.9 million tons in August, according to Chinese customs data.
2022, October, 24, 12:25:00
OIL PRICE: BRENT NEAR $92, WTI ABOVE $83
Brent slid $1, or 1.1%, to $92.50 a barrel, WTI was at $84.02 a barrel, down $1.03, or 1.2%.
2022, October, 24, 12:20:00
EUROPEAN GAS PRICES DOWN YET
Benchmark futures declined as much as 12%, and are about 70% lower from the highs of August.
2022, October, 24, 11:40:00
U.S. RIGS UP 2 TO 771
U.S. Rig Count is up 2 from last week to 771, Canada Rig Count is down 6 from last week to 210.
2022, October, 21, 11:30:00
OIL PRICE: BRENT BELOW $92, WTI BELOW $84
Brent slipped 12 cents to trade at $92.26 a barrel, WTI were down by 11 cents to $84.40 a barrel.
2022, October, 21, 11:25:00
EUROPEAN GAS PRICES DROP
Benchmark futures declined as much as 4.8% on Friday and headed for a third straight weekly loss.
2022, October, 21, 11:20:00
EUROPE AGREE DISAGREE
Germany stuck to its refusal to cap gas prices and the 27 could only agree to disagree, declaring they will keep on examining options to put a ceiling on costs.
2022, October, 21, 11:00:00
U.S. OIL INVENTORIES DOWN BY 1.7 MB TO 437.4 MB
U.S. commercial crude oil inventories decreased by 1.7 million barrels to 437.4 million barrels.
2022, October, 20, 14:25:00
OIL PRICE: BRENT NEAR $94, WTI NEAR $87
Brent rose $1.33, or 1.4%, to $93.74 a barrel, WTI rose $1.43, or 1.7%, to $86.98 per barrel.
