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Analysis

Analysis
2024, February, 2, 06:55:00
INDIA NEED OIL REFINING
India’s refining capacity is projected to increase by 56 million tons by 2028, Junior Oil Minister Rameswar Teli said last month, without elaborating. That equates to an overall capacity boost of 22%, or 1.12 million barrels a day.
Analysis
2024, February, 2, 06:50:00
INDIA NEED MORE COAL
India recorded a peak electricity demand of 243 gigawatts last year, exceeding the power ministry’s projections of 229 gigawatts and prompting the ministry to push for more coal power. Maximum demand is expected to jump to 366 gigawatts by 2032.
Analysis
2024, February, 2, 06:45:00
GLOBAL NUCLEAR RENAISSANCE
For nuclear power to live up to the current hype it is getting, it needs to fully address its perennial issues and problems, and so far it has not done so.
Analysis
2024, February, 2, 06:40:00
EUROPEAN LNG UP TO 10.7 MT
The US was the supplier of 56% of the total, with some 14% coming from Russia and 10% from Algeria. Notably, around 7% was also originating from Qatar and 4% from Nigeria.
Analysis
2024, February, 2, 06:30:00
GLOBAL CLIMATE NONSENSE
In the real world, climate has changed numerous times, often dramatically, sometimes catastrophically, and always naturally. Multiple ice ages and interglacial periods, Roman and Medieval warm periods, a Little Ice Age, major floods, droughts and dust bowls all actually happened – long before fossil fuels.
Analysis
2024, January, 29, 07:00:00
OIL PRICE: BRENT NEAR $84, WTI ABOVE $78
Brent rose 29 cents, or 0.4%, to $83.84 a barrel, WTI gained 34 cents, or 0.4%, to $78.35 a barrel.
Analysis
2024, January, 29, 06:25:00
GLOBAL NUCLEAR RECORD
While global growth in electricity demand eased slightly to 2.2% in 2023 due to falling electricity consumption in advanced economies, it is projected to accelerate to an average of 3.4% from 2024 through to 2026.
Analysis
2024, January, 24, 07:00:00
OIL PRICE: BRENT ABOVE $79, WTI ABOVE $74
Brent dipped 14 cents, or 0.1%, to $79.41 a barrel, WTI ticked down 11 cents, or 0.2%, to $74.26 a barrel.
Analysis
2024, January, 24, 06:50:00
RUSSIAN OIL EXPORTS CONTINUING
Naphtha and fuel oil are loaded onto Clearocean Apollon Clyde Noble tankers at the nearby Ust-Luga Oil terminal.
Analysis
2024, January, 24, 06:45:00
RUSSIAN LNG PRICES RISING
The Sakhalin-2 LNG export plant is the closest to North Asia, home to the world’s top buyers. The facility supplied nearly 10% of Japan’s LNG needs last year, and hasn’t been targeted by Western sanctions due in part to the need to ensure energy security.
Analysis
2024, January, 24, 06:40:00
U.S., RUSSIA OIL SANCTIONS
In the last few months of 2023, the US ramped up enforcement of the price cap and imposed multiple rounds of sanctions on entities and ships that carried Russian crude oil above the price cap.
Analysis
2024, January, 24, 06:35:00
EUROPEAN GAS PRICES DOWN
Europe is benefiting from record renewables power installations last year, together with massive gas stockpiling and a relatively mild winter — some cold snaps aside.
Analysis
2024, January, 22, 07:00:00
OIL PRICE: BRENT ABOVE $78, WTI ABOVE $73
Brent fell 9 cents, or 0.1%, to $78.47 a barrel, WTI inched up 11 cents to $73.52 a barrel.
Analysis
2024, January, 22, 06:55:00
GLOBAL OIL DEMAND 2025: +1.8 MBD
The global oil demand growth forecast for 2024 remains unchanged at 2.2 mb/d, with the OECD growing by around 0.3 mb/d and the non-OECD by about 2.0 mb/d. The global oil demand growth in 2025 is expected to see a robust growth of 1.8 mb/d, y-o-y. The OECD is expected to grow by 0.1 mb/d, y-o-y, while demand in the non-OECD is forecast to increase by 1.7 mb/d.
Analysis
2024, January, 22, 06:25:00
ФНБ РОССИИ $133,4 МЛРД.
По состоянию на 1 января 2024 г. объем ФНБ составил 133 407,3 млн долл. США.