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Month: August 2022

Category:
  • Germany

Rhine River Water Level at Kaub Seen Dropping to 30cm on Aug. 15

Rhine River water levels are expected to continue to decline on Monday, further restricting the supply of vital commodities to parts of inland Europe. The water level at Kaub — Continue Reading

Posted On : 13 Aug 2022 Published By : Tom Whipple
Category:
  • EU
  • Natural Gas Exports
  • Nuclear

France Risks Winter Blackouts as Nuclear-Power Generation Stalls

Western leaders are preparing for the possibility that Russian natural gas flows through the key Nord Stream pipeline may never return to full levels. WSJ’s Shelby Holliday explains what an Continue Reading

Posted On : 13 Aug 2022 Published By : Tom Whipple
Category:
  • Russia
  • Ukraine

Russia rebuffs calls to allow access to Ukraine nuclear plant

Moscow and Kyiv have traded accusations of targeting the Zaporizhzhia plant in southern Ukraine, which has been under Russian control since March following Russia’s full-scale invasion of its neighbor. The Continue Reading

Posted On : 13 Aug 2022 Published By : Tom Whipple
Category:
  • Prices

Oil prices set for weekly climb, but cloudy outlook caps gains

 Oil prices were down slightly on Friday but set to rise on the week as recession fears eased though an uncertain demand outlook capped gains. Brent crude futures were down Continue Reading

Posted On : 12 Aug 2022 Published By : Tom Whipple
Category:
  • Prices

Oil Notches Biggest Weekly Gain Since April on Demand Outlook

 OPEC expects global oil markets to tip into a surplus as the I.E.A. boosted its forecast for global demand growth this year. Elizabeth Low reports. Oil headed for the biggest Continue Reading

Posted On : 12 Aug 2022 Published By : Tom Whipple
Category:
  • Prices

Oil settles up as IEA hikes 2022 demand growth forecast

Oil prices settled up more than $2 on Thursday after the International Energy Agency raised its oil demand growth forecast for this year as soaring natural gas prices have some Continue Reading

Posted On : 12 Aug 2022 Published By : Tom Whipple
Category:
  • Prices

Goldman Sees $5 Gasoline, $130 Brent By Year End

The price of retail gasoline just dipped below $4 per gallon, AAA data showed on Thursday, but prices could rise to $5 per gallon by the end of the year, Continue Reading

Posted On : 12 Aug 2022 Published By : Tom Whipple
Category:
  • OPEC

OPEC Sets The Stage For New Output Cuts

OPEC expects global oil markets to tip into surplus this quarter. The surprising revision, which comes at a time of unprecedented pressure by western nations. Analysts are wondering whether OPEC+ Continue Reading

Posted On : 12 Aug 2022 Published By : Tom Whipple
Category:
  • OPEC

OPEC’s Oil Production Rises But Still Well Below OPEC+ Target

OPEC’s total crude oil production rose by 216,000 barrels per day (bpd) in July compared to June, but combined production from the 10 OPEC members part of the OPEC+ pact Continue Reading

Posted On : 12 Aug 2022 Published By : Tom Whipple
Category:
  • OPEC

OPEC, in contrast to IEA, sees lower 2022 oil demand growth

OPEC on Thursday cut its 2022 forecast for growth in world oil demand for a third time since April, citing the economic impact of Russia’s invasion of Ukraine, high inflation Continue Reading

Posted On : 12 Aug 2022 Published By : Tom Whipple

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