2022

Last week we saw major volatility on the Oil tabs especially on the Bearish alignment,as the rangebound zones maintained within the Crude Oil WTI

The decree created a new Russian firm that will take over all rights and obligations of Sakhalin Energy Investment Corporation.

The Worldwide Rig Count for May was 1,706, up 78 from the 1,628 counted in May 2022,and up 381 from the 1,325 counted in May 2021.

U.S. Rig Count is down 3 from last week to 750, Canada Rig Count is up 12 from last week to 166.

Brent fell 33 cents, or 0.3%, to $111.30 a barrel, WTI slipped 40 cents, or 0.4%, to $108.03.

The price of OPEC basket of thirteen crudes stood at $113.20 a barrel

В Индонезии работают многие наши компании, энергетические в том числе. Проявляется интерес к развитию национальной атомной энергетики.

Участники соглашения сохранили в силе достигнутые ранее договорённости о повышении производства нефти в августе на уровне 648 тыс. баррелей в сутки.

Russia has reduced shipments through its biggest Nord Stream pipeline by 60% and the link is scheduled for a full shutdown next week for maintenance.

“Such a collapse would have massive consequences for the entire economy and jobs in Germany.”