Analysis
2022, August, 29, 12:20:00
GLOBAL 3D ENERGY MEGATRENDS
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.
2022, August, 29, 11:50:00
U.S. RIGS UP 3 TO 765
U.S. Rig Count is up 3 from last week to 765 , Canada Rig Count is unchanged from last week at 201
2022, August, 26, 12:15:00
OIL PRICE: BRENT NEAR $100, WTI ABOVE $93 AGAIN
Brent climbed 73 cents, or 0.73%, to $100.07 a barrel, WTI rose 78 cents, or 0.84%, to $92.93.
2022, August, 26, 12:10:00
EUROPE CUT ENERGY
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.
2022, August, 26, 12:05:00
BRITISH COLD WINTER
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.
2022, August, 26, 12:00:00
OPEC EARNINGS $842 BLN
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.
2022, August, 26, 11:50:00
U.S. OIL INVENTORIES DOWN BY 3.3 MB TO 421.7 MB
U.S. commercial crude oil inventories decreased by 3.3 million barrels to 421.7 million barrels.
2022, August, 25, 10:25:00
OIL PRICE: BRENT ABOVE $101, WTI ABOVE $95
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.
2022, August, 25, 10:20:00
RUSSIAN OIL DISCOUNTS
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.
2022, August, 25, 10:15:00
BRITAIN'S ENERGY PROTECTION £100 BLN
UK was facing a “catastrophic winter”, telling the BBC that half of all households could fall into fuel poverty without intervention.
2022, August, 23, 11:00:00
OIL PRICE: NEAR $97, WTI NEAR $91
Brent gained 42 cents, or 0.4%, to $96.90 a barrel, WTI rose 40 cents, or 0.4%, to $90.76 a barrel.
2022, August, 23, 10:55:00
OPEC OIL PRICE: $99.66
The price of OPEC basket of thirteen crudes stood at $99.66 a barrel
2022, August, 23, 10:50:00
EUROPEAN GAS PRICES GROW AGAIN
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.
2022, August, 23, 10:40:00
RUSSIAN ENERGY FOR CHINA UP
Russia is now China’s top supplier of the fuel, supplanting Indonesia after the Southeast Asian nation deterred buyers by raising prices.
2022, August, 22, 13:35:00
OIL PRICE: BRENT NEAR $96, WTI NEAR $90 ANEW
Brent fell $1.60, or 1.6%, to $95.12 a barrel, WTI were down $1.56, or 1.7%, at $89.21 a barrel.