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August 2022

August 2022
2022, August, 29, 11:55:00
JAPAN'S NUCLEAR FUEL RESTART
Prime Minister Fumio Kishida has recently called for Japan to work to restart its idled nuclear power reactors and to look into an expansion of nuclear energy as the country tackles a crisis of tight power supply and demand.
August 2022
2022, August, 29, 11:50:00
U.S. RIGS UP 3 TO 765
U.S. Rig Count is up 3 from last week to 765 , Canada Rig Count is unchanged from last week at 201
August 2022
2022, August, 26, 12:15:00
OIL PRICE: BRENT NEAR $100, WTI ABOVE $93 AGAIN
Brent climbed 73 cents, or 0.73%, to $100.07 a barrel, WTI rose 78 cents, or 0.84%, to $92.93.
August 2022
2022, August, 26, 12:10:00
EUROPE CUT ENERGY
While some countries like Germany, where nearly half the homes rely on gas for heating, are more exposed than others, the European Union is seeking to band together.
August 2022
2022, August, 26, 12:05:00
BRITISH COLD WINTER
UK households will pay almost triple the price to heat their homes this winter compared with a year ago, a jarring increase for millions of people already struggling to afford everyday essentials.
August 2022
2022, August, 26, 12:00:00
OPEC EARNINGS $842 BLN
OPEC will earn about $842 billion in oil export revenue in 2022, the most inflation-adjusted net oil export revenue for the group since 2014, when they collectively earned nearly $992 billion.
August 2022
2022, August, 26, 11:55:00
NUCLEAR SMR FOR NETHERLANDS
In December, the Netherlands' new coalition government placed nuclear power at the heart of its climate and energy policy.
August 2022
2022, August, 26, 11:50:00
U.S. OIL INVENTORIES DOWN BY 3.3 MB TO 421.7 MB
U.S. commercial crude oil inventories decreased by 3.3 million barrels to 421.7 million barrels.
August 2022
2022, August, 25, 10:25:00
OIL PRICE: BRENT ABOVE $101, WTI ABOVE $95
Brent rose 45 cents, or 0.4%, to $101.67 a barrel, WTI was up 32 cents, or 0.3%, at $95.21 a barrel.
August 2022
2022, August, 25, 10:20:00
RUSSIAN OIL DISCOUNTS
The EU’s sixth round of sanctions over the invasion of Ukraine includes a ban on Russian oil, as well as the use by third countries of the bloc’s companies for insurance and financial services.