Brent was down $2.08, or 2%, at $100.70 a barrel, WTI lost $2.19, or 2.2%, to $96.07.

The price of OPEC basket of thirteen crudes stood at $100.12 a barrel

The German year-ahead baseload traded as high as Eur197.75/MWh, a new high for the 2023 contract, while year-ahead coal into Europe traded at $230/mt, EEX and ICE exchange data showed.

Россия как была одним из основных игроков на мировом энергетическом рынке, так им и останется, независимо давления и санкций.

Vladimir Putin likely sees the global energy shortage and lack of energy security as an opportunity to advance Russia’s interests in Ukraine, knowing that Europe has no other choice than to buy their petroleum.

A viable renewable energy backstop to oil & gas production does not now exist to guarantee Americans cost-effective, reliable, and 24/7 energy availability

Germany and Europe's dependence on Russian natural gas supplies cannot be eliminated in the short term without considerable economic damage.

Based on data from the third quarter, analysts expect to see a record 19 gigawatts of utility-scale solar and about 4 gigawatts of distributed solar installed in the United States this year.

U.S. Rig Count is up 16 from last week to 689, Canada Rig Count is down 13 from last week to 111.

Brent advanced by 16 cents, or 0.2% to $100.77 a barrel, WTI gained 35 cents, or 4%, to $96.37 a barrel.

OPEC's 13 members raised output by 60,000 b/d to 28.73 million b/d, but that was more than offset by a 160,000 b/d decline by the bloc's nine allies, who pumped 13.91 million b/d.

Novak is Russia's key negotiator in the OPEC+ group, which has resisted calls from consumers to increase production.

Up until now, Europe has not announced an energy emergency plan. However, the latest figures show that Europe's gas storage capacity is only 26% full.

Nuclear's share of energy in the UK is currently about 16%, however almost half of the country's current capacity is due to be retired by 2025 and all but one of its reactors will retire by 2030.

Microreactors are one of the three development streams identified in a joint strategic plan setting out a path for developing and deploying SMRs released by the governments of Ontario, Saskatchewan, New Brunswick and Alberta in March, and Bruce in 2020 agreed with Westinghouse Electric Company to pursue applications of Westinghouse's eVinci microreactor within Canada.