Brent rose 65 cents, or 0.6%, to $101.64 a barrel, WTI was up $1.22, or 1.3%, at $94.28

Benchmark Dutch front-month futures fell as much as 16%, partly reversing last week’s jump of almost 40%.

The transformation of the electricity system is buoyed by three key megatrends: decarbonization, decentralization, and digitalization. Together, these primary trends, the so-called ‘3Ds’, are ushering in a new era of the electricity system by converging to produce game-changing disruptions and fundamentally reshaping the electricity system.

U.S. Rig Count is up 3 from last week to 765 , Canada Rig Count is unchanged from last week at 201

Brent climbed 73 cents, or 0.73%, to $100.07 a barrel, WTI rose 78 cents, or 0.84%, to $92.93.

While some countries like Germany, where nearly half the homes rely on gas for heating, are more exposed than others, the European Union is seeking to band together.

UK households will pay almost triple the price to heat their homes this winter compared with a year ago, a jarring increase for millions of people already struggling to afford everyday essentials.

OPEC will earn about $842 billion in oil export revenue in 2022, the most inflation-adjusted net oil export revenue for the group since 2014, when they collectively earned nearly $992 billion.

U.S. commercial crude oil inventories decreased by 3.3 million barrels to 421.7 million barrels.

Brent rose 45 cents, or 0.4%, to $101.67 a barrel, WTI was up 32 cents, or 0.3%, at $95.21 a barrel.

The EU’s sixth round of sanctions over the invasion of Ukraine includes a ban on Russian oil, as well as the use by third countries of the bloc’s companies for insurance and financial services.

UK was facing a “catastrophic winter”, telling the BBC that half of all households could fall into fuel poverty without intervention.

Brent gained 42 cents, or 0.4%, to $96.90 a barrel, WTI rose 40 cents, or 0.4%, to $90.76 a barrel.

The price of OPEC basket of thirteen crudes stood at $99.66 a barrel

Russia’s Gazprom will halt flows on its key Nord Stream gas pipeline for three days of repairs on Aug. 31, again raising concerns it won’t return after the work.