Prices
![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,
![Prices](/cache/08-22/rig-064.d365deb3.jpg)
2022, August, 22, 13:05:00
U.S. RIGS DOWN 1 TO 762
U.S. Rig Count is down 1 from last week to 762, Canada Rig Count is unchanged from last week at 201
![Prices](/cache/08-22/price-00198.753d444e.jpg)
2022, August, 19, 09:15:00
OIL PRICE: BRENT NEAR $96, WTI NEAR $90 YET
Brent fell 36 cents, or 0.4%, to $96.23 a barrel, WTI was at $90.29 a barrel, down 21 cents.
![Prices](/cache/08-22/price-00194.8becff5c.jpg)
2022, August, 19, 09:10:00
EUROPEAN GAS PRICES RECORD
Europe is engulfed in an energy crisis fanned by limited supplies from Russia, as well as increased demand amid recovery from the pandemic and a hot and dry summer that has increased the need for cooling.
![Prices](/cache/08-22/price-00191.578b26d0.jpg)
2022, August, 19, 09:05:00
U.S., EUROPEAN GAS PRICES UP
Gas markets in Europe jumped 6 per cent on Wednesday to €236 a megawatt hour, taking the week’s gains so far to 14 per cent. The latest price was equivalent in energy terms to almost $400 a barrel of oil,
![Prices](/cache/08-22/price-00189.0829cd2e.jpg)
2022, August, 19, 09:00:00
GERMANY'S RECESSION PROSPECTS
“The still high increase in consumer prices and the expected additional costs for heating and electricity are currently having a particularly negative impact on the prospects for the consumer-related sectors of the economy,” said Michael Schröder, a researcher at the ZEW.
![Prices](/cache/08-22/gas-052.cfeb6732.jpg)
2022, August, 19, 08:55:00
RUSSIAN GAS TO EUROPE DOWN BY 70%
European countries imported on average approximately 400 million cubic meters of gas per day from Russia during the January to July period last year, but imports dropped to 240 million cubic meters per day for the January-July period this year.
![Prices](/cache/08-22/russia-0166.beef5f6c.jpg)
2022, August, 19, 08:50:00
MUTED RUSSIA SANCTIONS
Russia's crude exports rose by 140,000 b/d on the month to average 3.36 million b/d from Aug 1-16 to remain above pre-war levels for the fifth month in a row,
![Prices](/cache/08-22/price-00192.fad8b973.jpg)
2022, August, 16, 14:40:49
OIL PRICE: BRENT ABOVE $94, WTI ABOVE $89
Brent fell 84 cents, or 0.9%, to $94.26 a barrel, WTI dipped 45 cents, or 0.5%, to $88.96 a barrel.
![Prices](/cache/08-22/price-00193.48b126f7.jpg)
2022, August, 16, 14:35:00
OPEC OIL PRICE: $100.04
The price of OPEC basket of thirteen crudes stood at $100.04 a barrel
![Prices](/cache/08-22/20220816-064612.3d1e1157.jpg)
2022, August, 16, 14:25:00
OIL PRICE RANGE $90 - $100
On the other hand, #BRENT has been clinging within the mid $90s/bbl range and having a price ceiling within the $101.35/bbl as the Tiltpoint.
![Prices](/cache/08-22/price-00184.6115ac9d.jpg)
2022, August, 16, 14:20:00
EUROPEAN GAS PRICES RISE
Benchmark futures increased as much as 6.5%, after settling 6.8% higher on Monday.