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Author: Tom Whipple

Category:
  • Oil Supply
  • USA

Short-Term Energy Outlook

Forecast Highlights Winter Fuels Outlook In our Winter Fuels Outlook, we forecast that average household expenditures for home heating fuels will increase this winter because of both higher expected fuel costs Continue Reading

Posted On : 13 Oct 2022 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

US EIA cuts forecast for 2023 global liquids production, demand

Highlights Lowers WTI, Brent price forecasts Warns of higher winter heating oil costs US crude output to average 12.4 million b/d in 2023 The US Energy Information Administration on Oct. Continue Reading

Posted On : 13 Oct 2022 Published By : Tom Whipple
Category:
  • California
  • Climate

Amid historic drought, California expected to approve $140 mln desalination plant

Oct 13 (Reuters) – A $140 million desalination plant is expected to be approved by California regulators on Thursday as the U.S. state contends with how to convert ocean water Continue Reading

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

Nissan takes $687 mln loss as sells Russian business for 1 euro

 Nissan Motor Co Ltd (7201.T) will hand over its business in Russia to a state-owned entity for 1 euro ($0.97), it said on Tuesday, taking a loss of around $687 Continue Reading

Posted On : 13 Oct 2022 Published By : Tom Whipple
Category:
  • France

French nuclear approaches 30 GW, minister calls for 50 GW early-January

French nuclear output is approaching the 30 GW mark slightly behind schedule as Economy Minister Bruno Le Maire on Oct. 11 called upon operator EDF to have 50 GW available Continue Reading

Posted On : 13 Oct 2022 Published By : Tom Whipple
Category:
  • Europe

Europe’s Oil Imports at 2-Year High Even as Russia Share Shrinks

Europe is succeeding in diversifying its crude purchases ahead of the upcoming sanctions on Moscow, as its imports grew last month even as the share of Russian barrels shrank. Crude Continue Reading

Posted On : 13 Oct 2022 Published By : Tom Whipple
Category:
  • France

France orders fuel depot strikers back to work, union vows to challenge it

Government requisitioning staff at Esso France depot CGT union says will challenge requisition in court France not ruling out staff requisitions at Total Dunkirk Government says strike ‘unbearable’ for consumers Continue Reading

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

Russia Claims It Can Maintain Oil Production At 9.9 Million Bpd

Russia’s Deputy Prime Minister believes the country will maintain production at 9.9 million barrels per day in October. Vladimir Putin vowed that Russia would maintain this level of production until Continue Reading

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

Oil falls more than 2% on recession and China COVID fears

 – Oil slid more than 2% on Tuesday, extending losses of nearly 2% in the previous session, as recession fears and a flare-up in COVID-19 cases in China raised concern Continue Reading

Posted On : 11 Oct 2022 Published By : Tom Whipple
Category:
  • Prices

Oil falls as investors take profit amid China demand concerns

Oil prices fell on Monday, snapping five days of gains, as investors took profits after a report on slowing economic activity in China, the world’s biggest crude importer, re-ignited concerns Continue Reading

Posted On : 11 Oct 2022 Published By : Tom Whipple

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