Analysis
2021, October, 6, 13:25:00
GLOBAL OIL DEMAND WILL UP
"Global oil demand is expected to return to pre-COVID levels towards the tail end of 2022, but the recovery will be uneven. Asia is clearly the driver of growth," IEA Executive Director Fatih Birol said
2021, October, 6, 13:20:00
OIL PRICES: $75 - $90
Commodity markets have seen turbulent times in recent months and years. Dated Brent has swung from $85.51/b in October 2018 to $13.24/b on April 2021; its lowest since March 18, 1999.
2021, October, 6, 12:45:00
WORLDWIDE RIG COUNT UP 14 TO 1,448
The Worldwide Rig Count for September was 1,448, up 14 from the 1,434 counted in August 2021, and up 429 from the 1,019 counted in September 2020.
2021, October, 6, 12:40:00
U.S. RIGS UP 7 TO 528
U.S. Rig Count is up 7 from last week to 528 , Canada Rig Count is up 3 from last week to 165.
2021, September, 30, 12:20:00
OIL PRICE: NEAR $79 ANEW
Brent was down 8 cents at $78.56 a barrel, WTI rose 11 cents to $74.94 a barrel.
2021, September, 30, 12:05:00
OIL PRICES WILL UP
Dated Brent prices should average somewhere in the upper $70s/b in October and it is quite possible that they may rally during this time,
2021, September, 30, 11:50:00
U.S. OIL INVENTORIES UP BY 4.6 MB TO 418.5 MB
U.S. commercial crude oil inventories decreased up 4.6 million barrels from the previous week to 418.5 million barrels.
2021, September, 30, 11:48:00
ENERGY TRANSITION TO CARBON NEUTRALITY AS A FACTOR OF UNPRECEDENTED ACCELERATION OF GLOBAL WARMING
The article reveals the reasons for the unprecedented acceleration of global warming, which was reported by the IPCC in the report "Climate Change 2021", offers proposals for their elimination, as well as for eliminating their consequences.
2021, September, 29, 11:10:00
OIL PRICE: NEAR $78
Brent was down $1.34, or 1.7%, at $77.75 a barrel, WTI dropped $1.38, or 1.8%, to $73.91 a barrel.
2021, September, 29, 11:05:00
GROWTH IN GLOBAL ENERGY DEMAND 28%
Total primary energy demand is set to expand by a robust 28% in the period to 2045.
2021, September, 28, 13:50:00
OIL PRICE: ABOVE $80
Brent gained $1.05, or 1.3%, to $80.58 a barrel, WTI gained $1.05, or 1.3%, to $80.58 a barrel.
2021, September, 28, 13:35:00
BRENT GALLOP
The monthly Brent chart shows a break above the downtrend from the 2008 record high, potentially signaling a move to the October 2018 high at $86.75 bbl.
2021, September, 28, 13:25:00
BRITAIN'S NUCLEAR HYDROGEN
The study found that to facilitate rapid decarbonisation and cut dependency on fossil fuels, both nuclear and renewables are needed for power and hydrogen production.
2021, September, 27, 13:10:00
OIL PRICE: NEAR $79
Brent was up 92 cents or 1.2% at $79.01 a barrel, WTI added 83 cents, or 1.1% to $74.81.
2021, September, 27, 13:00:00
CHINA GAS SUPPLY UP
China saw robust market demand of natural gas in 2021, and the country's total gas demand is expected to rise 11%-13% on the year to 365-370 Bcm this year
