Investment in electricity generation in India has rebounded from its slump during the COVID-19 pandemic, with 15.5 gigawatts (GW) of renewable energy capacity – representing an investment of a record US$14.4 billion – added in the past financial year.

Brent rose $1.05, or 0.9%, to $123.32 a barrel, WTI rose 96 cents, or 0.8% to $121.89 a barrel.

The price of OPEC basket of thirteen crudes stood at $120.66 a barrel

The Administration has actually recommended that people buy EVs to avoid increasing gasoline prices. The recent ban on imports of Russian oil will likely further increase gasoline prices, which have already doubled under the Administration.

Brent was down $1.86, or 1.5%, to $120.15 a barrel, WTI was down $2.15, or 1.8%, at $118.52.

The price of OPEC basket of thirteen crudes stood at $123.19 a barrel

U.S. Rig Count is up 6 from last week to 733, Canada Rig Count is up 24 from last week to 141.

Brent was up 40 cents, or 0.3%, at $123.47 a barrel, WTI rose 30 cents, or 0.3%, to $121.81 a barrel.

The price of OPEC basket of thirteen crudes stood at $123.21 a barrel on Thursday,

The Brent price will average $108/b in the second half of 2022 (2H22) and then fall to $97/b in 2023.

U.S. commercial crude oil inventories increased by 2.0 million barrels to 416.8 million barrels.

Brent were up 28 cents, or 0.2%, at $119.79 barrel, WTI were up 31 cents, or 0.3%, at $118.81 a barrel.

По состоянию на 1 июня 2022 г. объем ФНБ составил 12 475 931,9 млн. рублей, что эквивалентно 197 724,7 млн. долл. США.

In March alone, wind (1,418-MW) and solar (240-MW) accounted for 100% of the new capacity brought on-line for the month.

Brent firmed 32 cents, or 0.3%, to $120.04 a barrel, WTI were up 40 cents, or 0.3%, at $119.27 a barrel.