November 2022

Total nonfarm payroll employment increased by 261,000 in October, and the unemployment rate rose to 3.7 percent, the U.S. Bureau of Labor Statistics reported.

Brent dropped $1.24 or 1.26% to trade at $97.33 a barrel, WTI was at $91.17 a barrel, down $1.44.

OPEC and non-OPEC allies — generally referred to as OPEC+ — agreed at this week’s meeting in Vienna to reduce production by 2 million BPD from November levels.

The US reaction to the Saudi-led decision was swift. President Joe Biden has warned of "consequences," and the country has announced more releases of crude from its strategic reserves.

Risks over existing gas supplies from Russia will continue through the coming months, with just one pipeline route open to the biggest European customers.

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary. H. L. Mencken

France plans to build 6 new next-generation EPRs (European Pressured Reactors II) and to launch studies for the construction of 8 additional EPRs as well as SMRs (Small Modular Reactors) to have 25 GW of new nuclear capacity by 2050.

"Including nuclear in the investment tax credit for clean energy technologies is a major step forward for the industry and great news for our climate and economy," said John Gorman, President and CEO of the Canadian Nuclear Association (CNA).

Таким образом, совокупный объем средств дополнительных нефтегазовых доходов составляет +282,9 млрд руб.

The Worldwide Rig Count for October was 1,893, up 40 from the 1,853 counted in September 2022,and up 389 from the 1,504 counted in October 2021.