Prices
2022, August, 16, 14:15:00
RUSSIAN GAS FOR HUNGARY UP
Hungarian foreign minister Peter Szijjarto had traveled to Moscow in late July in an attempt to secure 0.7 Bcm of gas from Russia in addition to the 4.5 Bcm/year of gas it contracted to buy in September 2021.
2022, August, 15, 12:40:00
OIL PRICE: BRENT NEAR $96, WTI NEAR $90
Brent fell $1.14, or 1.2%, to $97.01 a barrel, WTI was at $91.03 a barrel, down $1.06, or 1.2%.
2022, August, 15, 12:35:00
OPEC OIL PRICE: $103.20
The price of OPEC basket of thirteen crudes stood at $103.20 a barrel
2022, August, 15, 12:05:00
U.S. RIGS DOWN 1 TO 763
U.S. Rig Count is down 1 from last week to 763, Canada Rig Count is down 2 from last week to 201.
2022, August, 12, 09:10:00
OIL PRICE: BRENT NEAR $99, WTI NEAR $94
Brent fell 49 cents, or 0.5%, to $99.11 a barrel, WTI fell 50 cents, or 0.5%, to $93.84 a barrel.
2022, August, 12, 09:05:00
OPEC OIL PRICE: $101.29
The price of OPEC basket of thirteen crudes stood at $101.29 a barrel
2022, August, 12, 09:00:00
GLOBAL OIL DEMAND 2022 - 23: 100.0 - 102.7 MBD
For 2023, the forecast for world oil demand growth remains unchanged at 2.7 mb/d, with total oil demand averaging 102.7 mb/d.
2022, August, 12, 08:55:00
OIL PRICES 2022-23: $105 - $95
The spot price of Brent crude oil averaged $71 per barrel (b) in 2021, and we forecast the Brent price will average $104/b in 2022 and $94/b in 2023.
2022, August, 12, 08:45:00
EUROPEAN POWER PRICES UP
Benchmark German power for next year rose as much as 4.5% to a record 446 euros a megawatt-hour on the European Energy Exchange.
2022, August, 12, 08:40:00
GERMANY'S HARD WINTER
With nearly half of German homes relying on gas for heating, the country faces potential rationing if it fails to secure sufficient reserves.
2022, August, 12, 08:30:00
BRITAIN'S HARD WINTER
Under the government’s latest “reasonable worst-case scenario,” Britain could face an electricity capacity shortfall totaling about a sixth of peak demand, even after emergency coal plants have been fired up, according to people familiar with the government’s planning.
2022, August, 12, 08:25:00
GLOBAL LNG UNCERTAINTY
The money lost is dwarfed by enormous profits both BP and Shell recorded this year on the back of soaring refining margins and high oil and gas prices.
2022, August, 12, 08:10:00
U.S. OIL INVENTORIES UP BY 5.5 MB TO 432.0 MB
U.S. commercial crude oil inventories increased by 5.5 million barrels to 432.0 million barrels.
2022, August, 9, 14:40:00
OIL PRICE: BRENT NEAR $98, WTI NEAR $92
Brent fell $1.34, or 1.4%, to $95.31 a barrel, WTI dropped $1.25, or 1.4%, to $89.51.
2022, August, 9, 14:35:00
EUROPEAN GAS PRICES UPDOWN
Benchmark gas declined as much as 2.9%, sliding for a third session. The continent’s storage sites are 72% full, compared to the average for the previous five years of 70.1%, data from Gas Infrastructure Europe show.