Prices
![Prices](/cache/08-22/price-00205.390d10ca.jpg)
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.
![Prices](/cache/08-22/opec-027.1b044221.jpg)
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.
![Prices](/cache/08-22/usa-0165.3cd50047.jpg)
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.
![Prices](/cache/08-22/price-00208.b5bd4e31.jpg)
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.
![Prices](/cache/08-22/price-00202.467effb1.jpg)
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.
![Prices](/cache/08-22/price-00200.c0f023f9.jpg)
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.
![Prices](/cache/08-22/greece-003.49cde5e3.jpg)
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.
![Prices](/cache/08-22/price-00203.cc0d5895.jpg)
2022, August, 23, 11:00:00
OIL PRICE: NEAR $97, WTI NEAR $91
Brent gained 42 cents, or 0.4%, to $96.90 a barrel, WTI rose 40 cents, or 0.4%, to $90.76 a barrel.
![Prices](/cache/08-22/price-00204.5b754e45.jpg)
2022, August, 23, 10:55:00
OPEC OIL PRICE: $99.66
The price of OPEC basket of thirteen crudes stood at $99.66 a barrel
![Prices](/cache/08-22/price-00197.76a85d7f.jpg)
2022, August, 23, 10:50:00
EUROPEAN GAS PRICES GROW AGAIN
Russia’s Gazprom will halt flows on its key Nord Stream gas pipeline for three days of repairs on Aug. 31, again raising concerns it won’t return after the work.
![Prices](/cache/08-22/russia-0168.bb7d2e64.jpg)
2022, August, 23, 10:45:00
EUROPE WITHOUT RUSSIAN GAS
Russian gas company Gazprom has announced it will halt gas supplies to Europe via the Nord Stream 1 pipeline from 31 August to 2 September 2022, quoting maintenance issues for the pipeline’s only remaining compressor.
![Prices](/cache/08-22/china-0106.b15bbe81.jpg)
2022, August, 23, 10:40:00
RUSSIAN ENERGY FOR CHINA UP
Russia is now China’s top supplier of the fuel, supplanting Indonesia after the Southeast Asian nation deterred buyers by raising prices.
![Prices](/cache/08-22/price-00201.47da4b8c.jpg)
2022, August, 22, 13:35:00
OIL PRICE: BRENT NEAR $96, WTI NEAR $90 ANEW
Brent fell $1.60, or 1.6%, to $95.12 a barrel, WTI were down $1.56, or 1.7%, at $89.21 a barrel.
![Prices](/cache/08-22/price-00195.763758b1.jpg)
2022, August, 22, 13:30:00
EUROPEAN GAS PRICES UP ANEW
Benchmark futures rose as much as 16%, also driving up electricity prices to fresh records. The key Nord Stream pipeline will stop for three days of maintenance on Aug. 31, again raising concerns that the link won’t return to service as planned after the works.
![Prices](/cache/08-22/price-00196.bf11bd38.jpg)
2022, August, 22, 13:25:00
U.S. OIL INDUSTRY LIQUIDATION
There is no indication that such orderly liquidations would be offset by orderly installation of replacement facilities,