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Month: June 2022

Category:
  • Libya

Libya Oil Output Rises to Around 800,000 B/d, Minister Says

An oil and gas platform off the coast of Libya in the Bahr Essalam Gas Field and Bouri Oilfield. Photographer: Antonio Sempere/Europa Press/Getty Images Sign up for our Middle East Continue Reading

Posted On : 20 Jun 2022 Published By : Tom Whipple
Category:
  • Bangladesh

South Asia floods hampering access to food, clean water

Floods in South Asia wreaking havoc Monday hindered authorities’ efforts to deliver food and drinking water to shelters across Assam in northeastern India and north and northeastern regions of Bangladesh. Continue Reading

Posted On : 20 Jun 2022 Published By : Tom Whipple
Category:
  • Australia

Australia power crisis forces manufacturers to eye offshore moves, production cuts

Australia’s biggest building materials manufacturers are cutting back operations, hiking prices and considering moving production offshore to manage a spike in power and gas bills, adding to pressure on the Continue Reading

Posted On : 20 Jun 2022 Published By : Tom Whipple
Category:
  • China
  • Russia

China May oil imports from Russia soar to a record, surpass top supplier Saudi

China’s crude oil imports from Russia soared 55% from a year earlier to a record level in May, displacing Saudi Arabia as the top supplier, as refiners cashed in on Continue Reading

Posted On : 20 Jun 2022 Published By : Tom Whipple
Category:
  • China

Power demand in parts of China sets new records amid searing heat

Power consumption surged in large Chinese provinces north of the Yangtze river amid warmer-than-normal weather, with regions like Henan, China’s third-most populous province, challenged by record electricity demand. The maximum Continue Reading

Posted On : 20 Jun 2022 Published By : Tom Whipple
Category:
  • Agriculture
  • Asia

Worst Is Yet to Come for Food Inflation in Asia, Nomura Warns

A Food Complex and Market in Singapore. Asia’s red-hot food prices will likely heat up further in the coming months, with Singapore, South Korea and the Philippines set to see Continue Reading

Posted On : 20 Jun 2022 Published By : Tom Whipple
Category:
  • Prices
  • USA

U.S. mulling pausing federal gas tax as option to cut prices, energy secretary says

U.S. Energy Secretary Jennifer Granholm said on Sunday that the administration of U.S. President Joe Biden was evaluating a pause on the federal gas tax as one of the options Continue Reading

Posted On : 20 Jun 2022 Published By : Tom Whipple
Category:
  • Prices
  • USA

Why Is The United States Still Exporting Fuel?

The price of gasoline has climbed above $5 per gallon. U.S. fuel exports have continued to rise, adding additional pressure on domestic fuel inventories. “With refiners already running at full Continue Reading

Posted On : 20 Jun 2022 Published By : Tom Whipple
Category:
  • Ukraine

NATO warns of long Ukraine war as battles in the east grind on

The war in Ukraine could last for years, the head of NATO said on Sunday, calling for steadfast support from Ukraine’s allies as Russian forces battle for territory in the Continue Reading

Posted On : 20 Jun 2022 Published By : Tom Whipple
Category:
  • Germany

Germany announces fresh measures to cut gas consumption

 Germany on Sunday announced further steps to boost gas storage levels to prepare for the next winter season, when it fears Russia could reduce or even completely halt supplies. Following Continue Reading

Posted On : 20 Jun 2022 Published By : Tom Whipple

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