November 2022

OPEC producers UAE and Saudi Arabia have denied a media report that suggested OPEC+ members are planning on increasing crude production by 500,000 barrels per day ahead of their next meeting on December 4.

Failure to reach a deal would send a signal that the EU’s united response to the war-driven energy crisis is falling apart -- a political gift for Moscow that Europe is keen to avoid.

С обеих сторон дана положительная оценка совместной с участием России и Ирака работе в рамках «ОПЕК плюс», позволяющей обеспечивать стабильность мирового нефтяного рынка.

The German government has announced it will introduce a €54bn package of measures aimed at supporting German companies and households amid rising energy prices.

Japan has many years of experience operating the High-Temperature Test Reactor (HTTR), a 30 MWt prototype graphite-moderated helium gas-cooled reactor, and Poland has been working with Japan for several years on the potential implementation of such technology.

This partnership builds on almost 50 years of US-Thailand civil nuclear cooperation.

U.S. commercial crude oil inventories decreased by 3.7 million barrels to 431.7 million barrels.

U.S. Rig Count is up 2 from last week to 784, Canada Rig Count is down 7 from last week to 194.

Brent dropped 15 cents, or 0.2%, to $88.21 a barrel, WTI lost 9 cents, or 0.1%, to $80.86 a barrel.

Exceptionally mild weather across Northwest Europe since October has led to a sharp drop in gas prices from record levels over the summer.