Oil prices of benchmark grades remain in the plus on Wednesday afternoon after the release of the monthly report of the International Energy Agency (IEA) ahead of the publication of official data on oil inventories in the United States. Quotes for November Brent crude oil futures on the London-based ICE Futures exchange at 14:47 Q4 are trading at $92.54 per barrel, up $0.48 (0.52%) from the previous session’s close.
WTI crude oil futures for October on the electronic trading of the New York Mercantile Exchange (NYMEX) rose by $0.48 (0.54%) to $89.32 per barrel by the indicated time.
The expected growth in global oil demand by 1.5 million bpd in the second half of 2023 compared to the first half of the year will outstrip supply by 1.24 million bpd, according to the IEA report.
The agency estimates that the world oil market balance turned into a deficit in the third quarter as more active supply cuts coincided with record high demand.
Thus, the IEA estimates a deficit of 1.5 million b/d in July and 1.7 million b/d in August, the highest since 2021, when a record OPEC+ supply cut was implemented to reduce the surplus accumulated during the COVID-19 pandemic.
In the first quarter of 2023, the IEA estimated an oil market surplus of 1.5 million bpd in the first quarter and 80,000 bpd in the second quarter.
The U.S. Department of Energy at 17:30 Wednesday will publish a weekly report on commercial stocks of oil, gasoline and distillates in the country. The data of the American Petroleum Institute (API) released the day before showed an increase in oil reserves by 1.174 million barrels at the end of the week ended September 8.
“DTEK Energo plans to import about 210,000 tons of coal from Poland for more reliable passage of the autumn-winter period by thermal generation, the energy holding company said in a press release on Wednesday.
Under the fuel import contract, an agreement has been reached on the supply of thermal coal throughout the heating season, starting from September 2023 and until March 2024.
As the company noted, the first coal shipments are expected as early as this week.
“In the conditions of war, unpredictable actions of the enemy and the increased load that the company’s thermal power plants have been carrying in recent months, additional volumes of imported fuel will allow to “back up” and provide an additional margin of safety for a more stable passage of the nearest heating season by thermal generation,” said Ildar Saleev, CEO of DTEK Energo, quoted in the press release.
As reported, DTEK Energy’s thermal power plants have increased their electricity output by 28% over the last four months compared to the same period last year. In turn, in August, when consumption was at record highs for the summer due to the heat wave, power engineers generated 35% more electricity than in August 2022.
In just eight months of this year, DTEK Energy’s thermal power plants supplied almost 9.9 bln kWh of electricity, which is equivalent to the average consumption of about 3.3 mln households during the year.
Deputy Prime Minister – Minister for Reintegration of Temporarily Occupied Territories Iryna Vereshchuk suggests representatives of international organizations to become members of the Coordination Centers for Support of the Civilian Population at regional military administrations (OBA).
“We should focus on working with organizations that help people with disabilities,” Vereshchuk is quoted by the press service of the department following the forum “Inclusion and participation: people with disabilities at the center of humanitarian response policy during the war”.
In this regard, Deputy Prime Minister urged international organizations to actively assist vulnerable categories of people next year.
In addition, Vereshchuk suggested that representatives of international organizations should be included in the Civilian Support Coordination Centers set up at regional military administrations across Ukraine so that they could directly participate in decision-making on the ground.
The forum “Inclusion and Participation: People with Disabilities at the Centre of Humanitarian Response Policies in Times of War” was organized by the National Assembly of People with Disabilities of Ukraine with the support of the International Foundation for Electoral Systems (IFES) as part of an international technical assistance project aimed at increasing accessibility of political and public life, as well as full inclusion of all citizens in the democratic process. Any views expressed during the event are those of the authors and do not necessarily reflect the views of IFES.
The National Assembly of People with Disabilities of Ukraine has more than a hundred organizations representing the interests of people with various disabilities. Since the first days of the war, organizations have been providing humanitarian aid to people with disabilities and the elderly from different regions of Ukraine: food, hygiene products, assistive technologies, medicines, and non-food essentials. The organizations have created shelters (5 regions), spaces for children (various locations in 18 regions), and provide counseling and psychological support. The NAIU works with civilians and military personnel who have acquired disabilities as a result of the war, advocates for the protection of the rights of people with disabilities in various areas, and more.
Valeriy Sushkevych is the Chairman of the National Assembly of People with Disabilities of Ukraine.
On November 28–30, the International Exhibition Centre in Kyiv will host the FoReCH International Expoforum of Restaurant and Hotel Business and Cleaning – the main professional event of the HoReCa sector in Ukraine.
For many years FoReCH has been a communicative platform and exhibition of effective solutions for the hospitality industry. The expoforum sets new trends in the hospitality industry by presenting the latest equipment, technologies, services and solutions, as well as exchange of the profound experience for starting and managing business in HoReCa sector.
The structure of FoReCH consists of the main thematic directions which allow covering all aspects of HoReCa industry development simultaneously and to the fullest extent.
More details: https://www.forech.kiev.ua/en/main/
Organizer: Kyiv International Contract Fair
Date: November 28-30, 2023
Venue: International Exhibition Centre (15 Brovarskyi Ave., Kyiv, Ukraine)
The Swedish government will soon instruct the Armed Forces to study the possibility of transferring Gripen fighter jets to Ukraine, Swedish radio Ekot reports, citing its own sources.
“The government will soon instruct the Swedish Armed Forces to study the conditions for sending Gripen aircraft to Ukraine. Among other things, the government wants to get information on how the transfer will affect Sweden’s defense capabilities and how quickly Sweden will be able to receive new Gripen aircraft as compensation,” the radio said in a statement on its website on Tuesday.
As noted, another issue that needs to be assessed by the Swedish government is whether Ukrainian pilots and other ground personnel should be trained.
Sweden’s JAS 39 Gripen is a fourth-generation multi-role fighter jet. Formally, it belongs to the class of fighter jets, but it was conceived as a multi-purpose universal aircraft capable of performing various tasks.
In August, Ukrainian President Volodymyr Zelenskyy announced that Ukrainian pilots had begun training on the JAS 39 Gripen fighter jet. Zelenskyy also informed about negotiations with the Swedish government to provide Ukraine with these aircraft.
Later, Swedish Prime Minister Ulf Kristersson said that the country needed the planes for its own defense, as the country’s application to join the Alliance had not yet been finalized. At the same time, he did not rule out the transfer of fighter jets to Ukraine in the future.
On Thursday, September 14, at night in Ukraine without significant precipitation, in the morning and afternoon, except for the eastern and southeastern regions, in Ukraine short-term rains, thunderstorms, reports Ukrhydrometcenter
Wind southeast, in western regions northwest, 7-12 m/s.
The temperature at night 9-14 °, in western and southern regions 14-19 °; in the afternoon 23-28 °, in eastern, northeastern regions and in the extreme west of Ukraine 20-25 °.
In Kiev on Thursday, September 14, at night without significant precipitation, in the morning and afternoon short-term rain, thunderstorms. The wind is southeastern, 7-12 m/s. The temperature at night is 12-14°, in the afternoon 24-26°.
According to the Central Geophysical Observatory named after Boris Sreznevsky. Boris Sreznevsky in Kiev on September 14, the highest daytime temperature was 30.8° in 1903, the lowest nighttime temperature was 2.2° in 1889.
On Friday, September 15, at night in most regions of Ukraine and during the day on the Left Bank short-term rains, thunderstorms; in the rest of the territory without precipitation.
The wind is north-western with a transition to northeastern, 5-10 m/s.
The temperature at night is 11-16°, in the southern part up to 19°; in the afternoon 18-23°, in the southern part and in Transcarpathia 24-27°.
In Kiev on Friday, September 15, without precipitation, only at night short-term rain, thunderstorms. The wind is north-western with a transition to northeastern, 5-10 m/s. The temperature at night is 14-16°, during the day 18-20°.
