This is Rosatom’s first long-term contract with Brazil for the supply of enriched uranium products in the history opening access to the largest market for uranium products in the Latin American region.

Brent dropped 17 cents, or 0.2%, to $80.51 per barrel, WTI fell 3 cents to $75.36.

According to preliminary data, Gazprom produced 394.1 billion cubic meters of gas from January 1 through December 15, 2022. This is a decrease of 19.6 per cent (or 96.3 billion cubic meters) versus the same period of last year.

The Committee decided to raise the target range for the federal funds rate to 4-1/4 to 4-1/2 percent.

OPEC is also in protection of the $80/bbl price floor and I'd suggest to get the buys in at mid 75s to low 72s on the #CL being a value trader coming into 2023.

U.S. commercial crude oil inventories increased by 10.2 million barrels to 424.1 million barrels.

Российский вице-премьер высоко оценил союзнический характер российско-венесуэльской координации на многосторонних площадках, в том числе в рамках ОПЕК+.

Говоря о роли России на глобальном энергетическом рынке, Павел Сорокин отметил, что эффективно переориентировать экспорт газа на другие рынки позволит расширение газопроводной инфраструктуры и развитие СПГ-проектов. По его словам, у России есть все возможности для успешной реализации СПГ-проектов, которые, в свою очередь, позволят не только придать экспорту большую гибкость, но также окажут поддержку промышленному развитию страны в целом.

Средняя цена на нефть Urals за период мониторинга с 15 ноября 2022 года по 14 декабря 2022 года составила $57,49 за баррель, или $419,7 за тонну.

Dutch front-month gas futures, a European benchmark, were 5% lower at €128 a megawatt-hour at 8:40 a.m. in Amsterdam.

The IEA predicts oil demand will rise by 2.3 million b/d in 2022 and by a further 1.7 million b/d in 2023, noting the contrast between strong gasoil and diesel use, especially in non-OECD economies, and weak petrochemical consumption in Europe and Asia.

Brent fell 14 cents, or 0.2%, to $81.07 per barrel, WTI slipped 22 cents, or 0.3%, to $75.89.

U.S. Rig Count is down 4 from last week to 776, Canada Rig Count is down 3 from last week to 199.

Russia's war against Ukraine that started in February has exacerbated gas prices. But the excesses of the TTF had already been detected before, with rises of more than 700% in 2021.

While expressing satisfaction with the high level of bilateral cooperation that has been developing on the basis of the Russian-Indian privileged strategic partnership, the two leaders discussed in detail the prospects for practical cooperation in mutual investment, energy, agriculture, transport and logistics.

Lappeenranta University of Technology (LUT) plans to deploy an MMR as a research and test reactor at or near its campus in the city of Lappeenranta in southern Finland.

Dutch front-month futures, Europe’s gas benchmark were down 1.3% at €114 a megawatt-hour at 8:51 a.m. in Amsterdam.

The deepwater Nargis block is located off the city of Arish on the Sinai Peninsula. It is one of four offshore exploration blocks off Egypt’s coast in which the US group Chevron holds operating interests, alongside with the Egyptian oil company Tharwa Petroleum.

The deal is also intended to support Vietnam’s new target of accelerating the peaking of greenhouse gas (GHG) emissions to 2030 (from 2035 previously) and reducing its peak annual power sector emissions by up to 30%, to 170 MtCO2eq from 240 MtCO2eq.

Brent gained 42 cents, or 0.5%, to $79.46 a barrel, WTI was at $74.67, up 38 cents, or 0.5%.