Two weeks after Russia invaded Ukraine, Brazil’s agriculture minister was on a plane to Canada to head off a potential crop crisis. Brazil, one of the world’s largest agricultural producers, Continue Reading
A closely watched recession signal flashed red on Tuesday, as investors fretted that the Federal Reserve’s efforts to tame inflation will bring about a sharp slowdown in US economic activity. Continue Reading
The U.S. shale industry is racing to ramp up production, “but it won’t be quick.” Supply chain bottlenecks are putting a cap on short term output growth. At this rate, Continue Reading
Last year, bankruptcies in the U.S. shale patch hit record levels. Now, dozens of companies have been successfully emerging from Chapter 11 bankruptcy protection, with M&A their preferred modus operandi. Continue Reading
FOB Gulf Coast cargo values gain week on week Lake Charles LNG inks deals; Driftwood LNG begins work US LNG export terminals churned near full capacity during the week ended Continue Reading
Russian gas deliveries to Europe on three key pipeline routes showed a slight upward tick on Wednesday morning including the resumption of westward flows on the Yamal-Europe pipeline to Germany, Continue Reading
Russia’s top lawmaker warned the European Union on Wednesday that if it wanted Russian natural gas then it would have to pay in roubles, and cautioned that oil, grain, metals, Continue Reading
Germany triggered an emergency plan to manage gas supplies in Europe’s largest economy on Wednesday, an unprecedented move that could see the government ration power if there is a disruption Continue Reading
German Economy Minister Robert Habeck on Wednesday said if Russia insisted that existing contracts be paid in roubles rather than the agreed euro and dollar denominations, it would be in Continue Reading
Russia said it would work out practical arrangements by Thursday for foreign companies to pay for its gas in roubles, raising the probability of supply disruptions as Western nations have Continue Reading
