Analysis
![Analysis](/cache/05-22/lng-023.533cfc14.jpg)
2022, May, 25, 11:15:00
EUROPEAN GAS AMBITIONS
As a result, short-term gas prices in Britain, France and Spain have tumbled to as little as a third of those in markets including the Netherlands and Germany,
![Analysis](/cache/05-22/price-0510.792664fc.jpg)
2022, May, 25, 11:10:00
BRITAIN'S ENERGY SHOCK
The energy price cap is likely to soar to a record £2,800 ($3,499) in October, Ofgem Chief Executive Officer Jonathan Brearley told a panel of lawmakers on Tuesday.
![Analysis](/cache/05-22/price-0509.faaf56de.jpg)
2022, May, 23, 13:25:00
OIL PRICE: BRENT NEAR $114, WTI NEAR $112
Brent rose $1.12 or 1% to $113.67 a barrel, WTI climbed 96 cents, or 0.9%, to $111.24 a barrel.
![Analysis](/cache/05-22/price-0503.9f3adc29.jpg)
2022, May, 23, 13:20:00
OPEC OIL PRICE: $114.79
The price of OPEC basket of thirteen crudes stood at $114.79 a barrel on Friday,
![Analysis](/cache/05-22/china-089.3a2b65da.jpg)
2022, May, 23, 13:15:00
RUSSIAN OIL DISCOUNTS
The discounted Russian Urals had helped to boost refining margins and operation rates for independent refineries.
![Analysis](/cache/05-22/qatar-004.0f9befa0.jpg)
2022, May, 23, 13:05:00
GERMANY, QATAR LNG DEVELOPMENT
The new pact, inked during a Qatari state visit to Germany, comes as Berlin looks to fast-track a number of new LNG import terminals to reduce its dependence on Russian gas imports.
![Analysis](/cache/05-22/gas-040.3c720694.jpg)
2022, May, 23, 13:00:00
GERMAN LNG TERMINALS DEVELOPMENT
The invasion of Ukraine by Russia has made it clear for all actors in Germany: diversification of gas imports is urgently needed.
![Analysis](/cache/05-22/norway-051.e039ad3a.jpg)
2022, May, 23, 12:55:00
NORWAY OIL, GAS PRODUCTION 1.87 MBD
Preliminary production figures for April 2022 show an average daily production of 1 871 000 barrels of oil, NGL and condensate.
![Analysis](/cache/05-22/rig-049.6a8d6bc7.jpg)
2022, May, 23, 12:50:00
U.S. RIGS UP 14 TO 728
U.S. Rig Count is up 14 from last week to 728, Canada Rig Count is unchanged from last week at 88.
![Analysis](/cache/05-22/price-0506.a3987102.jpg)
2022, May, 20, 12:20:00
OIL PRICE: BRENT NEAR $112, WTI NEAR $112
Brent fell 59 cents, or 0.53%, to $111.45 a barrel , WTI fell 56 cents, or 0.5%, to $111.65 .
![Analysis](/cache/05-22/price-0507.bbe14fb0.jpg)
2022, May, 20, 12:15:00
OPEC OIL PRICE: $112.04
The price of OPEC basket of thirteen crudes stood at $112.04 a barrel on Thursday
![Analysis](/cache/05-22/russia-0118.c66005e7.jpg)
2022, May, 20, 12:05:00
RUSSIAN OIL FOR CHINA UP
China's seaborne Russian oil imports will jump to a near-record 1.1 million barrels per day (bpd) in May, up from 750,000 bpd in the first quarter and 800,000 bpd in 2021,
![Analysis](/cache/05-22/price-0500.ae5e5f56.jpg)
2022, May, 19, 14:00:00
OIL PRICE: BRENT ABOVE $107, WTI ABOVE $107
Brent were down $1.25, or 1.2%, at $107.86 a barrel, WTI fell $1.96, or 1.8%, to $107.63 a barrel.
![Analysis](/cache/05-22/price-0501.19c0262f.jpg)
2022, May, 19, 13:55:00
OPEC OIL PRICE: $114.94
The price of OPEC basket of thirteen crudes stood at $114.94 a barrel on Wednesday
![Analysis](/cache/05-22/europe-021.0ec0a6a6.jpg)
2022, May, 19, 13:50:00
EUROPEAN ENERGY SUICIDE
Saying no to Russian energy means that Europe will systemically and for the long term become the world’s most costly region for energy resources.