Prices
2022, October, 26, 10:45:00
OIL PRICE: BRENT BELOW $93, WTI BELOW $85
Brent fell $1.03, or 1.1%, to $92.49 a barrel, WTI were down 75 cents, or 0.9%, to $84.57.
2022, October, 26, 10:40:00
EUROPEAN GAS PRICE CAP
The other cap in the mix is one to limit the price of gas used in electricity generation, which is backed by a vociferous group of member states.
2022, October, 25, 14:55:00
OIL PRICE: BRENT NEAR $92, WTI BELOW $84
Brent fell by $1.30 to $91.96 per barrel, WTI fell by $1.24 to $83.34 per barrel.
2022, October, 25, 14:50:00
GLOBAL ENERGY SECURITY
China's crude imports from Russia have continued to stay elevated through 2022, averaging at 1.71 million b/d over January-August, up 7.3% year on year, according to customs data.
2022, October, 25, 14:45:00
GLOBAL ENERGY RESILIENCE
Lesson one is that energy security and energy transition must be in balance to sustain energy systems that are also affordable.
2022, October, 25, 14:40:00
EUROPEAN GAS LIMITS
Caps on gas prices top the political agenda in Europe as governments seek to rein in an unprecedented energy crisis triggered by a cut of gas shipments by Russia, the continent’s former biggest supplier.
2022, October, 25, 14:35:00
RUSSIAN LNG, COAL FOR CHINA
Coking coal imports from Russia jumped to 2.5 million tons in September, from about 900,000 tons in the same month last year and 1.9 million tons in August, according to Chinese customs data.
2022, October, 24, 12:25:00
OIL PRICE: BRENT NEAR $92, WTI ABOVE $83
Brent slid $1, or 1.1%, to $92.50 a barrel, WTI was at $84.02 a barrel, down $1.03, or 1.2%.
2022, October, 24, 12:20:00
EUROPEAN GAS PRICES DOWN YET
Benchmark futures declined as much as 12%, and are about 70% lower from the highs of August.
2022, October, 24, 12:15:00
GERMANY'S ENERGY CRISIS HELP €200 BLN
This €200bn package is expected to include a €96bn subsidy scheme which was introduced earlier in October 2022.
2022, October, 24, 12:10:00
ENERGY SECURITY OF CHINA, SAUDI ARABIA
Saudi Arabia is China's top crude supplier with most of the country's refineries designed to crack Middle East crudes.
2022, October, 24, 12:05:00
EUROPEAN RENEWABLES 69%
The REPowerEU plan, which aims to end the EU’s dependence on Russian fossil fuels and tackle the climate crisis, will seek to raise the share of renewables in the region’s final energy consumption to 45% by 2030.
2022, October, 24, 11:40:00
U.S. RIGS UP 2 TO 771
U.S. Rig Count is up 2 from last week to 771, Canada Rig Count is down 6 from last week to 210.
2022, October, 21, 11:30:00
OIL PRICE: BRENT BELOW $92, WTI BELOW $84
Brent slipped 12 cents to trade at $92.26 a barrel, WTI were down by 11 cents to $84.40 a barrel.
2022, October, 21, 11:25:00
EUROPEAN GAS PRICES DROP
Benchmark futures declined as much as 4.8% on Friday and headed for a third straight weekly loss.