Prices
![Prices](/cache/01-22/oil-015.76269004.jpg)
2022, January, 20, 15:50:00
GLOBAL OIL DEMAND WILL UP TO 100 MBD
World oil demand was seen rising by 5.5 million b/d in 2021 and by 3.3 million b/d in 2022, the IEA said, surpassing its pre-pandemic levels by 200,000 b/d to 99.7 million b/d.
![Prices](/cache/01-22/price-0446.76afb40f.jpg)
2022, January, 20, 15:45:00
MAXIMUM EUROPEAN GAS PRICES
The TTF day-ahead price hit an all-time high of Eur182.78/MWh on Dec. 21, an increase of 985% year on year,
![Prices](/cache/01-22/price-0317.ed61015c.jpg)
2022, January, 19, 11:00:00
OIL PRICE: NEAR $88
Brent rose 87 cents, or 1%, to $88.38 a barrel, WTI climbed $1.03, or 1.2%, to $86.46 a barrel.
![Prices](/cache/01-22/price-0311.6ff9b715.jpg)
2022, January, 19, 10:50:00
OIL PRICE WILL BE $100
Global oil demand is seen rising 3.5 million barrels per day (bpd) year-on-year in 2022, with fourth-quarter demand reaching 101.6 million bpd.
![Prices](/cache/01-22/price-0289.dc68138e.jpg)
2022, January, 19, 10:45:00
OIL PRICE MOVING ABOVE $80
There has also been signs of decoupling between the Russian Ruble and the BRENT Oil price as shown on the chart since the start of 2021.
![Prices](/cache/01-22/price-0299.bb907657.jpg)
2022, January, 18, 13:10:00
OIL PRICE: ABOVE $87
Brent rose $1.02, or 1.2%, to $87.50 a barrel, WTI jumped $1.36, or 1.6%, to $85.18 a barrel.
![Prices](/cache/01-22/price-0288.f033eb67.jpg)
2022, January, 17, 11:55:00
OIL PRICE: NEAR $86
Brent gained 40 cents, or 0.5%, to $86.46 a barrel , WTI was up 58 cents, or 0.7%, at $84.40 a barrel.
![Prices](/cache/01-22/rig-030.4522969c.jpg)
2022, January, 17, 11:10:00
U.S. RIGS UP 13 TO 601
U.S. Rig Count is up 13 from last week to 601, Canada Rig Count is up 50 from last week to 191.
![Prices](/cache/01-22/price-0280.46b00b47.jpg)
2022, January, 14, 12:25:00
OIL PRICE: NEAR $85 ANEW
Brent rose 32 cents, or 0.4%, to $84.79 a barrel, WTI rose 32 cents, or 0.4%, to $84.79 a barrel.
![Prices](/cache/01-22/wood-001.362e3d94.jpg)
2022, January, 14, 12:05:00
SWEDISH WOOD BURNERS
Homeowners in Sweden have already started adopting strategies to lower their consumption — turning down the heating, closing off rooms, using alternative heat sources like wood log burners and wearing thick woolly socks.
![Prices](/cache/12-21/usa-056.3797df56.jpg)
2022, January, 14, 11:45:00
U.S. OIL INVENTORIES DOWN BY 4.6 MB TO 413.3 MB
U.S. commercial crude oil inventories decreased by 4.6 million barrels from the previous week to 413.3 million barrels.
![Prices](/cache/01-22/price-0271.1e275213.jpg)
2022, January, 13, 14:25:00
OIL PRICE: NEAR $85
Brent gained 15 cents, or 0.2%, to $84.82 a barrel, WTI were up 3 cents to $82.67 a barrel.
![Prices](/cache/01-22/price-0264.b796b032.jpg)
2022, January, 13, 14:20:00
U.S. GAS PRICES UP
The Henry Hub prompt-month contract soared 60.80 cents to settle at $4.857/MMBtu Jan. 12, which is the highest price for a prompt-month contract since Nov. 26.
![Prices](/cache/01-22/price-0234.cd6cbc79.jpg)
2022, January, 12, 10:40:00
OIL PRICE: NOT ABOVE $84
Brent were up 6 cents, or 0.07%, at $83.78 a barrel, WTI rose 20 cents, or 0.3%, to $81.42 a barrel .
![Prices](/cache/01-22/price-0182.44075af9.jpg)
2022, January, 12, 10:35:00
OIL PRICES 2022-23: $75-$68
Brent crude oil spot prices averaged $71 per barrel (b) in 2021, and we forecast Brent prices will average $75/b in 2022 and $68/b in 2023.