Analysis
2024, May, 28, 07:00:00
OIL PRICE: BRENT ABOVE $83, WTI NEAR $79
Brent ose 21 cents to $83.31 a barrel, WTI were at $78.90 a barrel.
2024, May, 22, 07:00:00
OIL PRICE: BRENT ABOVE $82, WTI NEAR $78
Brent were down 60 cents, or 0.7%, to $82.28 a barrel, WTI slipped 64 cents, or 0.8%, to $78.02.
2024, May, 22, 06:55:00
RUSSIAN GAZPROM WITHOUT EUROPE
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".
2024, May, 17, 07:00:00
OIL PRICE: BRENT ABOVE $83, WTI ABOVE $79
Brent climbed 21 cents, or 0.25%, to $83.48 a barrel, WTI rose 7 cents, or 0.09%, to $79.30 a barrel.
2024, May, 17, 06:55:00
US FOSSIL FUEL FINANCE
the world’s 60 largest lenders had provided around $705bn in financing in 2023 alone.
2024, May, 17, 06:50:00
GERMAN INDUSTRIAL PRODUCTION DOWN
Production decreased 0.4% in March, led by drops in consumer and intermediate goods, and energy, the statistics office said Wednesday.
2024, May, 16, 07:00:00
OIL PRICE: BRENT NEAR $83, WTI NEAR $79
Brent rose 35 cents, or 0.4%, to $83.10 a barrel, WTI gained 40 cents, or 0.5%, to $79.03.
2024, May, 16, 06:55:00
RUSSIAN OIL REVENUE DOWN
The country exported a total of 7.3 million barrels a day last month, down 6.4% from March, the Paris-based agency said in its monthly report published Wednesday. That’s Russia’s lowest oil exports in five months, the IEA estimates show.
2024, May, 16, 06:50:00
INDIA NEED GAS
The Indian government, earlier in 2024, issued an order applicable between May 1 and June 30 to increase power generation from gas-based power plants in anticipation of a power crunch this summer season.
2024, May, 15, 07:00:00
OIL PRICE: BRENT NEAR $83, WTI ABOVE $78
Brent were up 34 cents, or 0.4% at $82.71 a barrel, WTI rose 38 cents, or 0.5%, to $78.39 a barrel.
2024, May, 15, 06:55:00
GLOBAL OIL DEMAND +2.2 MBD
The global oil demand growth forecast for 2024 remains broadly unchanged from last month’s assessment at 2.2 mb/d.
2024, May, 15, 06:30:00
COMMODITIES : RUNNING AMOK
The OECD's growth forecast for Russia has been significantly revised upward—from 1.8% to 2.6% for this year, placing it sixth globally.
2024, May, 14, 07:00:00
OIL PRICE: BRENT BELOW $84, WTI ABOVE $79
Brent inched 4 cents higher to $83.40 a barrel, WTI rose 5 cents to $79.17 a barrel.
2024, May, 14, 06:55:00
RUSSIAN OIL EXPORTS UP
Total Russian seaborne crude exports reached 3.9 million-4 million b/d in March and April, boosted by multi-month high shipments to India, and around the highest since Russia invaded Ukraine in February 2022.
2024, May, 14, 06:40:00
AUSTRALIAN COAL IS NEEDED
Australia's total coking coal exports are expected to increase by 14% from 2023 levels to 171.9 million mt in 2025,
