Russia April Gas Exports Fall On Spot Price Drop, Warmer Weather
Gazprom PJSC ’s average daily exports to key foreign buyers so far in April fell to the lowest in three months, as warmer weather and lower spot prices started to Continue Reading
Russian trucks stuck in long queues to leave Poland as EU ban deadline looms
Russian and Belarusian trucks are stuck in long queues at the EU’s eastern borders as hauliers try to get out of the bloc, hours before a ban on their vehicles Continue Reading
Ukraine: Kazakh Oil Exports May Hold Secretly Loaded Russian Crude
Ukraine: Kazakhstan may have secretly been loading Russian crude in their exported crude cargoes. After identifying what they believe is secretly loaded Russian crude with Kazakh oil, the experts sent Continue Reading
EU Embargo On Russian Oil Could Be “Months Away”
A potential EU embargo on Russian oil imports may be in the works, but drafting and preparing for such a ban would likely take “several months,” AFP reported on Friday, Continue Reading
Oil Posts a Weekly Gain as EU Considers a Ban on Russian Oil
IEA Cuts Global Oil Demand Forecast on China Lockdowns Oil notched a weekly gain as traders weighed a global supply deficit, a potential ban on Russian oil from the European Continue Reading
Oil rises on news EU may phase in a ban on Russian oil imports
Oil prices settled higher on Thursday after an early decline as investors covered short positions ahead of the long weekend and on news that the European Union might phase in Continue Reading
Commodity Chaos Is Threatening The Global Economy
Global supply of key food and energy commodities is starting to impact the global economy. Rising core inflation and hawkish Central Bank policy could further impact economic growth. The Global Continue Reading
Analysis: Biden plan to aid Europe with LNG poses risk to US climate goals
U.S. President Joe Biden’s plan to expand liquefied natural gas (LNG) shipments to Europe to cut the region’s dependence on Russian fuel risks undermining his administration’s climate goals by encouraging Continue Reading
Fuel smuggling causes shortages and spiking prices
A rise in oil product smuggling is contributing to fuel shortages in Iraq, as illicit traders take advantage of the massive spread between sky high global energy prices and heavily Continue Reading
Africa’s Most Controversial Oil Pipeline Is Hanging In The Balance
TotalEnergies’ controversial East African Crude Oil Pipeline is gaining traction, despite environmentalist pushback. The EACOP is expected to be the world’s longest electrically heated oil pipeline, running from Uganda to Continue Reading