March 2022

Brent fell $4.87, or 4.3%, to $108.58 a barrel, WTI fell $5.90, or 5.5%, to $101.92 a barrel .

the price of OPEC basket of thirteen crudes stood at $110.46 a barrel

"The change in the procedure for settlements is introduced due to the fact that, in violation of international law, the foreign exchange reserves of the Bank of Russia were frozen by the EU member states," the Kremlin said.

CNOOC has a 10% stake in the 19.8 million mt/year Arctic LNG 2 project, which is also its solo asset in Russia.

"Japan has a stake in Sakhalin 2, which is contributing to securing long-term, stable and low-priced supply of LNG. It is an extremely important project for Japan's energy security," Kishida told parliament.

В условиях постоянно нарастающего внешнего давления со стороны ряда стран российская энергетика работает в стабильном режиме,

The 2030 Emissions Reduction Plan is the first one issued under the Canadian Net-Zero Emissions Accountability Act. Canada will release progress reports in 2023, 2025, and 2027.

U.S. commercial crude oil inventories decreased by 3.4 million barrels from the previous week to 409.9 million barrels.

Brent were up $2.6, or 2.4% at $112.81, WTI rose $2.7, or 2.5%, to $106.84 a barrel.

Commenting on the Russia-Ukraine conflict, Saudi Arabia’s Prince Abdulaziz bin Salman said that OPEC puts political differences aside when its ministers meet and OPEC+ is doing the same.