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Month: July 2022

Category:
  • Ukraine

Moscow blames Ukrainian missile attack for deaths in south Russian city

At least three people killed, buildings damaged in Belgorod Regional governor says attack intentionally targeted civilians Ukraine has not claimed responsibility for strikes in Russia July 3 (Reuters) – At Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • EU
  • Prices

European Gas Extends Blistering Rally as Supply Woes Deepen

Natural gas in Europe rose to the highest level in almost four months as planned strikes in Norway threaten to further tighten a market that’s already reeling from Russia’s supply Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Switzerland

Swiss Inflation Hits 29-Year High on Ukraine War, Supply Chains

Swiss inflation hit 3.4% in June. Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast . Inflation in Switzerland accelerated to the fastest Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Russia

Who Is Still Buying Russian Oil And Gas?

Even with sanctions and import bans, Russia is still exporting billions of dollars worth of fossil fuels. In the first 100 days since its invasion of Ukraine, Russia has averaged Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Prices

Oil Feels Sting of Recession Concerns as Weekly Losses Pile Up

Oil headed for a third weekly drop, its longest losing run this year, on concern that a potential recession will cut into energy demand. West Texas Intermediate fell toward $105 Continue Reading

Posted On : 2 Jul 2022 Published By : Tom Whipple
Category:
  • Prices

Oil prices fall on recession fears, on track for third weekly loss

Oil prices fell on Friday, extending the previous day’s plunge, as lingering fears of a recession weighed on sentiment, putting the benchmarks on track for their third straight weekly losses. Continue Reading

Posted On : 2 Jul 2022 Published By : Tom Whipple
Category:
  • Prices

Oil Should Stay In Triple Digits: Analyst

Crude oil prices should stay in the triple digits, Kpler’s head of Sweet Crude Analysis Matt Smith told Yahoo Finance. There won’t be a continued downward pressure on oil, according Continue Reading

Posted On : 2 Jul 2022 Published By : Tom Whipple
Category:
  • OPEC

OPEC oil output again misses target in June as outages weigh, survey says

 OPEC in June did not deliver on an oil output increase pledged under a deal with allies, a Reuters survey on Friday showed, as involuntary declines in Libya and Nigeria Continue Reading

Posted On : 2 Jul 2022 Published By : Tom Whipple
Category:
  • Libya

Protesters break into Libya’s parliament building in Tobruk -witnesses

Protesters broke into Libya’s parliament in Tobruk on Friday evening and set a fire in front of the building to express their anger towards Libya’s warring political parties, witnesses told Continue Reading

Posted On : 2 Jul 2022 Published By : Tom Whipple
Category:
  • LNG
  • Prices

Asia spot prices jump amid stronger demand, concerns over Russia

Asian spot liquefied natural gas (LNG) prices continued to rise this week amid stronger demand on the back of a blistering heatwave in Japan and a return of competition with Continue Reading

Posted On : 2 Jul 2022 Published By : Tom Whipple

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