Brent rose 40 cents to $77.01 a barrel, WTI climbed 40 cents to $71.98.

The nation’s plants processed 5.33 million barrels of crude a day in the first six days of the month, down about 81,000 barrels a day from the prior week’s average, according to a person with knowledge of industry data.

And that is what climatologists have completely overlooked. They have noted that the mean surface temperature is far hotter than the solar radiation to the surface, or even just to regions above in the troposphere, could explain in accord with the Stefan-Boltzmann Law.

Brent climbed 1 cents to $77.21 a barrel, WTI were down 4 cents at $72.28 a barrel.

These additional voluntary cuts are announced by the following OPEC+ countries : Saudi Arabia (1,000 thousand b/d); Iraq (223 thousand b/d); United Arab Emirates (163 thousand b/d); Kuwait (135 thousand b/d); Kazakhstan (82 thousand b/d); Algeria (51 thousand b/d); and Oman (42 thousand b/d) starting 1st of January until the end of March 2024.

It is actually downward convective heat which can and does proceed from cooler to warmer regions but can only do so because the Loschmidt Gravito-thermal effect exists and is the state of maximum entropy or, as physicists call it, thermodynamic equilibrium.

The Worldwide Rig Count for November was 1,794, up 17 from the 1,777 counted in October 2023, and down 96, from the 1,890 counted in November 2022.

Brent fell 15 cents, or 0.2%, to $82.95 a barrel, WTI rose 12 cents, or 0.2%, at $77.98 a barrel.

So why does the climate change? It is most likely due to variations in cloud cover because clouds reflect about 20% of the incident solar radiation back to space. Virtually all climate change in the last few thousand years can be explained if that 20% figure varied just between 19% and 21%.

Right now, 6.3 million UK households are in fuel poverty, according to National Energy Action. That’s up from 4.5 million, recorded in October 2021, when Europe’s energy crunch began, it said. Over the last three months, millions have been using appliances like ovens or going to bed early to stay warm, the study showed.

Brent fell 37 cents, or 0.5%, to $80.21 a barrel, WTI were at $75.18 a barrel, down 36 cents, or 0.5%.

Brent were down $1.04, or 1.3%, at $80.92 a barrel, WTI dipped 90 cents, or 1.2%, to $76.20.

We estimate Venezuela’s external debt stands at around US$167 billion. The majority is from the sovereign at US$107 billion, with PDVSA adding US$59 billion and ELECAR another US$1 billion. 21% is arrears due to missed interest payments.

Not only was September the hottest month ever, it also exceeded the previous record by an unprecedented 0.5°C, with global average temperatures at 1.8°C above pre-industrial levels.

Sri Lanka's 2020 production of 15.6 TWh of electricity was dominated by fossil fuels, which accounted for some 10 TWh, and hydro (5 TWh) alongside some wind and solar,