OPEC, for some quiet moments..

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U.K. nuclear and gas generators have been put on alert after offshore wind showed it could beat them on price this week. “Today’s results mean that both onshore and offshore wind are cheaper than gas and nuclear,” said Hugh McNeal, chief executive of the U.K. renewable energy trade association RenewableUK, following the outcome of competitive auctions, which yielded record-low prices. Two offshore wind projects, Hornsea 2 and Moray, emerged with a price of just £57.50 (USD $76.34) per megawatt-hour, while a third, Triton Knoll, came in at £74.75 ($99.22). The prices, down by as much as 51 percent compared to the average in the U.K.’s last subsidy round in 2015, were cheaper than the levelized cost of gas, based on figures from the U.K. Department of Business, Energy and Industrial Strategy (BEIS), RenewableUK said in a statement.

Low UK Offshore Wind Prices Rattle Incumbents: 'People Are Trying to Put Their Jaws Back in Place' | Greentech Media

Canadian natural gas, locked in a fierce battle for market share with U.S. shale, may stage a modest recovery as output from some longtime producers wanes and pipeline maintenance ends. While Canadian gas will almost always trade for less than U.S. gas -- due mostly to the cost of moving the fuel to markets in Texas and the American Midwest -- the discount recently widened to the most since 2005. The culprits are prolific new wells that are hard to shut off, along with outages on a network of pipelines that move gas around Alberta.

Canada gas set to strike back against U.S. shale as glut eases

Oil topped $50/bbl for the first time in more than a month amid heightened optimism that a demand resurgence is in the offing. Futures rose as much as 1.7% in New York, extending the longest upswing since July. Two of the most influential organizations in world oil markets -- the International Energy Agency and OPEC -- nudged their demand forecasts higher, signaling continued erosion of a global glut that has weighed on prices.

Oil breaches $50 for first time in more than a month amid demand resurgence

Qatar, the world’s largest exporter of liquefied natural gas, is fulfilling all of its contracted shipments of oil and gas despite a regional political crisis that led to the severing of ties with some of its neighbors, the Gulf country’s energy minister said. The diplomatic feud with fellow OPEC members Saudi Arabia and the United Arab Emirates isn’t hindering Qatar’s energy production or expansion plans,  Mohammed Bin Saleh Al Sada, minister of energy and industry, said at a meeting with foreign diplomats in Doha.

Qatar says it's fulfilling oil and gas deals despite Gulf crisis