U.K. inflation climbed faster than expected to the highest in a decade, heaping pressure on the Bank of England to raise interest rates and tightening a squeeze on living standards Continue Reading
Austria imposed a lockdown on people unvaccinated against the coronavirus on Monday as winter approaches and infections rise across Europe, with Germany considering tighter curbs and Britain expanding its booster Continue Reading
Russian gas flows through a key pipeline to Germany rose on Monday, with no sign that Belarus’s president had acted on his threat to cut off supplies to the European Continue Reading
Russia says there is no shortage of oil in the global market and there may even be a surplus from early next year, adding to the chorus of other OPEC+ Continue Reading
“Everybody is predicting a surplus of supply starting from the first or second quarter,” next year, Russian Deputy Energy Minister Pavel Sorokin told Bloomberg on the sidelines of this week’s Continue Reading
Russian natural gas flows through the Yamal-Europe pipeline to Germany remained broadly steady on Tuesday morning and above the weekend’s levels, data from German network operator Gascade showed. Belarusian President Continue Reading
Europe risks rolling power outages if there is a prolonged period of cold weather this winter, according to the chief executive of Trafigura, one of the world’s biggest commodity traders. Continue Reading
Russia has managed to secure the largest share in Iran’s huge Chalous gas discovery, a move that could have huge economic and geopolitical consequences A senior Russian official believes this Continue Reading
While plenty of traders have accused Russia of withholding natural gas from Europe, it is now looking like the natural gas giant simply cannot significantly increase exports Natural gas prices Continue Reading
Russian gas flows towards Germany via the Yamal-Europe pipeline rose over the weekend, preliminary data from German network operator Gascade showed, with no signs of being impacted by a political Continue Reading
