Analysis
2022, January, 31, 12:45:00
OIL PRICE: NEAR $91
Brent futures contract was up $1.30/b (1.44%) from the previous close at $91.33/b, WTI rose $1.21/b (1.39%) at $88.03/b.
2022, January, 31, 12:15:00
RENEWABLES PRICES WILL RISE
This duplication of generating capacity increases electricity infrastructure investment, thus increasing required return on investment and consumer electric rates.
2022, January, 31, 12:10:00
THE UTILITIES ASSET MANAGEMENT TRENDS 2022
most of the growth was seen in energy sustainability, digital transformation, renewable energy, and electrification of transportation.
2022, January, 31, 12:05:00
U.S. RIGS UP 6 TO 610
U.S. Rig Count is up 6 from last week to 610 , Canada Rig Count is up 5 from last week to 217.
2022, January, 28, 11:55:00
OIL PRICE: NEAR $90
Brent climbed 57 cents, or 0.6%, to $89.91 a barrel , WTI rose 54 cents, or 0.6%, to $87.15 a barrel.
2022, January, 28, 11:45:00
GLOBAL COAL PRICES UP
Global coal prices have shot back towards record highs as the Ukraine crisis raises expectations that European buyers will start loading up on the fossil fuel for fear that a standoff between Russia and western nations will cut off gas supplies.
2022, January, 28, 11:40:00
NORWAY PENSION FUND RETURNED $175.55 BLN
In 2021, the Government Pension Fund Global returned 14.5 percent, equivalent to 1,580 billion kroner.
2022, January, 28, 11:25:00
U.S. FEDERAL FUNDS RATE 0.0 - 0.25% AGAIN
The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, the Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent.
2022, January, 28, 11:20:00
U.S. OIL INVENTORIES UP BY 2.4 MB TO 416.2 MB
U.S. commercial crude oil inventories increased by 2.4 million barrels from the previous week to 416.2 million barrels.
2022, January, 27, 12:50:00
OIL PRICE: ABOVE $89
Brent were down 31 cents, or 0.6%, to $89.44 a barrel , WTI were down 58 cents, or 0.6%, to $86.77 a barrel.
2022, January, 27, 12:35:00
IRAN'S LPG FOR CHINA
LPG exports from Iran since July-August 2021 were hovering near two-year highs of around 500,000 mt/month
2022, January, 26, 12:45:00
OIL PRICE: NEAR $89
Brent rose 61 cents, or 0.7%, to $88.81, WTI was up 25 cents, or 0.3%, to $85.85.
2022, January, 25, 13:10:00
OIL PRICE: NOT ABOVE $88
Brent rose 61 cents, or 0.7%, to $86.88 a barrel, WTI climbed 44 cents, or 0.5%, to $83.75 a barrel.
2022, January, 24, 12:25:00
OIL PRICE: ABOVE $88
Brent rose 58 cents, or 0.7%, to $88.47 a barrel, WTI gained 57 cents, or 0.7%, to $85.71 a barrel.
2022, January, 24, 12:00:00
BRAZIL ELECTRICITY DEMAND UP
Brazil's electricity demand increased by 4.1% in 2021 to an average of 64.7 GW, according to Cámara de Comercialização de Energia Elétrica (CCEE).
