Oil has become the gift that keeps on giving. Aggressive long liquidation leaves the markets exposed to a strong geopolitical bid as it has a direct effect on oil production and transportation in the Middle East.

Brent rose 50 cents, or 0.6%, to $86.50 per barrel, WTI gained 64 cents, or 0.8%, to $83.55 a barrel.

«Китай и Индия – стратегические партнёры России в части выстраивания нового, справедливого энергорынка и торговой инфраструктуры. Реализуются совместные инвестиционные проекты на территориях обеих стран. Прорабатываются или уже имеются планы по расширению трубопроводных мощностей по доставке нефти и газа из России в Китай», – заявил Николай Шульгинов.

Besides climate change, amid today’s geopolitical challenges, countries increasingly recognize that nuclear energy is a key contributor to the security of energy supply.

Brent were up 36 cents, or 0.4%, at $84.43. WTI were up 42 cents, or 0.5%, at $82.73.

«Россия полностью выполнила условия сделки, она сократила добычу на 500 тыс. баррелей в сутки и на 300 тыс. баррелей в сутки – поставки на экспорт»,

The committee reaffirmed the commitment of its member countries to the DoC which extends to the end of 2024 as agreed in the 35th OPEC and non-OPEC Ministerial Meeting (ONOMM) on 4th of June 2023.

"Building on the collaboration in April in Sapporo, Japan, during the G7 Climate, Energy and Environment Ministers meeting and Business Forum, we stand ready to work together with policymakers to rebuild leadership in nuclear energy within OECD countries and to cooperate with other like-minded nations as they seek to meet their climate and energy security goals."

DOE expects these standards to cumulatively save consumers $24.8 billion on their energy bills over 30 years and cut harmful carbon and methane emissions that fuel the climate crisis.

The Electric Reliability Council of Texas estimates that there is an almost 20% probability that the state grid will enter into an energy emergency alert, or EEA, if there is a repeat of last year’s December storm. Procuring 3,000 megawatts will cut that probability to less than 10%.

900 MHz private LTE is becoming the broadband wireless standard for utilities due to its ability to offer visibility, control, quality of service, reliability, and resiliency all the way to the grid edge which is essential for next level grid transformational solutions.

Private LTE Networks are a game-changer for utilities. They offer dedicated, secure, and high-performance connectivity that can be tailored to specific needs.

4G LTE and 5G NR are well-established technologies around the world. Utilities can future-proof their investments by taking advantage of a large, globe-spanning ecosystem of vendors, integrators and consultants that can support the deployment and operation of radios, core network elements and devices.

Brent rose 25 cents, or 0.3%, to $92.45 a barrel. WTI gained 29 cents, or 0.3%, to $91.08 a barrel.

While a helpful decarbonization tool in theory, hydrogen blending offers numerous concerns and uncertainties.