Prices
![Prices](/cache/05-21/price-250.9c17b5a3.jpg)
2021, May, 24, 13:05:00
OIL PRICE: NOT ABOVE $68 ANEW
Brent rose $1.25, or 1.9%, to $67.69. WTI was at $64.73 a barrel, up $1.15, or 1.8%.
![Prices](/cache/05-21/rig-224.23f2260f.jpg)
2021, May, 24, 12:20:00
U.S. RIGS UP 2 TO 455
U.S. Rig Count is up 2 from last week to 455, Canada Rig Count is down 1 from last week to 58.
![Prices](/cache/05-21/price-359.71f54696.jpg)
2021, May, 21, 10:10:00
OIL PRICE: NEAR $65
Brent fell $1.55, or 2.3%, to settle at $65.11 a barrel. WTI crudeended $1.31, or 2.1%, lower at $62.05 a barrel.
![Prices](/cache/05-21/price-352.458a13d5.jpg)
2021, May, 21, 10:05:00
U.S., IRAN NUCLEAR DEAL
"The main issues, oil sanctions, petrochemical sanctions, shipping sanctions, insurance and so on and so forth, Central Bank and banks ... have been wrapped up," Iranian President Hassan Rouhani said on state television
![Prices](/cache/05-21/price-275.e6949eec.jpg)
2021, May, 20, 14:10:00
OIL PRICE: ABOVE $65
Brent was down $1.40, or 2.1%, at $65.26 a barrel. WTI lost $1.12, or 1.7%, to $62.24 a barrel.
![Prices](/cache/05-21/fusion-4.ed954699.jpg)
2021, May, 20, 13:55:00
FUSION WILL BE READY
The Russian physicist Lev Artsimovich once said, “Fusion will be ready when society needs it.” Ideally, we would have solved fusion 30 years ago and today it would be ready to roll out. But conditions in the past weren’t right for fusion, and there wasn’t the right kind of drive or possibility for it.
![Prices](/cache/05-21/usa-382.89838030.jpg)
2021, May, 20, 13:30:00
U.S. OIL INVENTORIES UP 1.3 MB TO 486.0 MB
U.S. commercial crude oil inventories increased by 1.3 million barrels from the previous week to 486.0 million barrels.
![Prices](/cache/05-21/price-349.83c788be.jpg)
2021, May, 19, 14:55:00
OIL PRICE: NEAR $68 YET
Brent fell $1.08, or 1.5%, to $67.63 a barrel. WTI dropped $1.05 cents, or 1.6%, to $64.44 a barrel.
![Prices](/cache/05-21/price-343.4c9038f5.jpg)
2021, May, 19, 14:30:00
GAS PRICES UPDOWN
A good Gap Up from the previous weeks closing price at 3.00379 saw a huge spike towards the 3.08 handle bringing about more bullish price action momentum towards yesterday's(May17th) peak price at 3.18093.
![Prices](/cache/05-21/price-341.53df6b05.jpg)
2021, May, 18, 13:20:00
OIL PRICE: NEAR $70 YET
Brent fwas up 55 cents, or 0.8%, at $70.01. WTI was up 37 cents, or 0.6%, at $66.64.
![Prices](/cache/05-21/price-335.cd0aeec3.jpg)
2021, May, 17, 11:50:00
OIL PRICE: NOT BELOW $68
Brent fell 21 cents, or 0.3%, to $68.50 a barrel. WTI eased 9 cents, or 0.1%, to $65.28.
![Prices](/cache/05-21/hydrogen-77.19842427.jpg)
2021, May, 17, 11:25:00
CHEAP RENEWABLE ENERGY STORAGE
Pumped hydro energy storage constitutes 99% of global storage energy.
![Prices](/cache/05-21/rig-223.7a7d5db2.jpg)
2021, May, 17, 11:15:00
U.S. RIGS UP 5 TO 453
U.S. Rig Count is up 5 from last week to 453, Canada Rig Count is up 4 from last week to 59.
![Prices](/cache/05-21/price-310.049440cc.jpg)
2021, May, 13, 18:00:00
OIL PRICE: NOT ABOVE $68
Brent was down $1.75, or 2.5%, at $67.57 a barrel. WTI was down $1.80, or 2.7%, to $64.28 a barrel.
![Prices](/cache/05-21/oil-84.9e87e234.jpg)
2021, May, 13, 17:55:00
GLOBAL OIL DEMAND WILL UP BY 6.0 MBD TO 96.5 MBD
For 2021, world oil demand is expected to increase by 6.0 mb/d, unchanged from last month’s estimate, to average 96.5 mb/d.