Concerns including energy costs, supply-chain snarls and China’s pandemic lockdowns are contributing to CEOs’ sense that a recession is likely. Most top executives say they think a recession is looming Continue Reading
In eastern Montana and Wyoming, massive flooding has destroyed bridges, swept away homes, and forced the evacuation of more than 10,000 visitors from Yellowstone National Park. Half a million households in the Continue Reading
U.S. refiners last month imported the most heavy crude in nearly two years, customs data showed, as they cranked up motor fuel production and sought to replace sanctioned Russian oil. Continue Reading
Global liquefied natural gas (LNG) buyers – especially in Europe – and some U.S. shale producers have been reeling since a June 8 blast shut Freeport LNG’s massive export terminal Continue Reading
Latest The talks in Kyiv come a day after the U.S. announced it would send $1 billion in new military aid to Ukraine. Ukrainian troops defending Severodonetsk are clinging on Continue Reading
German Economy Minister Habeck: reduction of Nord Stream 1 gas flows is a political decision. Gazprom further cut volumes to Germany on Wednesday. European gas benchmark prices soared on Wednesday Continue Reading
Following the U.S. Fed’s biggest rate hike since 1994 on Wednesday, which brought oil prices down 1%, central banks across Europe on Thursday raised interest rates by record amounts in Continue Reading
Russia could continue its participation in the OPEC+ oil production agreement even after it officially expires at the end of this year, Russian Deputy Prime Minister Alexander Novak said on Continue Reading
Highlights Exportable surplus set to grow to 41 mil mt for 2022-23: IKAR Russia will struggle to export over 3 mil mt/month: traders Panamax owners most reluctant to load from Continue Reading
Highlights European gas prices surge again after latest comments Nord Stream flows currently capped at 67 million cu m/d Peskov says cuts not ‘intentional’ on Russian side Any more problems Continue Reading
