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Month: April 2022

Category:
  • Oil Supply
  • USA

Oil Prices Unchanged After EIA Confirms Small Crude Inventory Build

Crude oil prices remained largely unchanged today after the U.S. Energy Information Administration reported a modest crude oil inventory build of 700,000 barrels for the week to April 22. This Continue Reading

Posted On : 28 Apr 2022 Published By : Tom Whipple
Category:
  • Coal
  • USA

Russia’s gas supply cuts in Europe could fuel more US coal-to-gas switching

The US power market may be in for another wave of coal-to-gas switching this summer as potential replacement fuel demand from Western Europe drives global coal prices higher. Receive daily Continue Reading

Posted On : 28 Apr 2022 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

US gasoline, distillate stocks move lower on steady demand, strong exports

 Gasoline stocks fall 1.57 million barrels USAC gasoline stocks 22% below average Cushing stocks at 11-week high Major US refined product inventories saw counter-seasonal draws in the week ended April Continue Reading

Posted On : 28 Apr 2022 Published By : Tom Whipple
Category:
  • Europe
  • Russia

EU Tells Gas Companies Not to Bend to Russia’s Demand for Rubles

European Commission President Ursula von der Leyen says the move by Russia to halt gas delivery to certain European Union member states is a form of blackmail. “The era of Continue Reading

Posted On : 28 Apr 2022 Published By : Tom Whipple
Category:
  • Russia

Gazprom expects 4% fall in gas output in 2022

Russia’s Gazprom (GAZP.MM) expects about a 4% fall in gas output this year, Deputy Chief Executive Vitaly Markelov told an inhouse magazine on Thursday, in another sign of the impact Continue Reading

Posted On : 28 Apr 2022 Published By : Tom Whipple
Category:
  • Europe
  • Russia

Uniper says is still paying Gazprom in euros

Uniper (UN01.DE) is continuing to pay for deliveries from Gazprom (GAZP.MM) in euros, a spokesperson for the German utility said on Thursday, adding no decision had been made yet on Continue Reading

Posted On : 28 Apr 2022 Published By : Tom Whipple
Category:
  • Poland

Poland says countries paying for Russian gas in roubles should be penalised

The European Union should penalise countries that use roubles to pay for Russian gas, Poland’s climate minister said, following Moscow’s decision to cut off supplies to Poland and Bulgaria over Continue Reading

Posted On : 28 Apr 2022 Published By : Tom Whipple
Category:
  • Economy
  • Russia

Russia Sees 600,000 Jobs at Risk on Foreign Exodus, Tass Reports

A closed McDonald’s restaurant at a shopping mall in Moscow, Russia. Source: AFP/Getty Images Bloomberg News Sign up here to get the latest updates on the Russian invasion of Ukraine. Continue Reading

Posted On : 28 Apr 2022 Published By : Tom Whipple
Category:
  • Ukraine

Occupied Ukrainian city fears sham Russian referendum plans

LVIV, Ukraine (AP) — Ever since Russian forces took the southern Ukrainian city of Kherson in early March, residents sensed the occupiers had a special plan for their town. Now, Continue Reading

Posted On : 28 Apr 2022 Published By : Tom Whipple
Category:
  • Arctic
  • Russia

Russia’s Richest Man Owns More Melting Arctic Than Anyone

Vladimir Potanin,  received a public scolding from Russian President Vladimir Putin on June 5. The broadcast came just days after his mining company, Nornickel, spilled diesel into the Arctic. Vladimir Continue Reading

Posted On : 28 Apr 2022 Published By : Tom Whipple

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