Prices
2022, August, 30, 11:10:00
EUROPEAN ENERGY CRISIS: NO MEASURES
Europe’s benchmark electricity price has risen to 10 times its decade-long average, in line with a 14-fold increase in the cost of gas, amid fears of shortages this winter.
2022, August, 30, 11:05:00
EUROPEAN UNBEARABLE WINTER
With Russia squeezing gas deliveries and power-plant outages further sapping supply, pressure is growing on EU leaders to act quickly or risk social unrest and political upheaval.
2022, August, 30, 11:00:00
SWISS COLD WINTER
Bern has been working to build up Switzerland's energy production and storage systems, but even the grand opening next month of a new, powerful pumped-storage hydroelectric plant is unlikely to help avoid problems this winter.
2022, August, 29, 12:30:00
OIL PRICE: BRENT ABOVE $101, WTI ABOVE $94
Brent rose 65 cents, or 0.6%, to $101.64 a barrel, WTI was up $1.22, or 1.3%, at $94.28
2022, August, 29, 12:25:00
EUROPEAN GAS PRICES DOWN
Benchmark Dutch front-month futures fell as much as 16%, partly reversing last week’s jump of almost 40%.
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
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.
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.
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.
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.
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.
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.
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.
2022, August, 25, 10:15:00
BRITAIN'S ENERGY PROTECTION £100 BLN
UK was facing a “catastrophic winter”, telling the BBC that half of all households could fall into fuel poverty without intervention.
2022, August, 25, 09:45:00
GREECE'S POWER SUBSIDIES €1.9 BLN
Subsidies, which will be incorporated into power bills, are expected to absorb up to 94% of the rise in monthly power bills for households and 89% of the rise for small and medium-sized firms.