ENB Pub Note: I agree with Tuomas on his excellent opinion piece. Sadly, the only thing that can keep Europe out of a total Depression is to approve Nord Stream 2. That was Putin’s goal […]
IEA: EU ban on Russian seaborne crude may take 2.4 million bpd off the market. IEA: Total Russian oil production will decline to 9.5 million bpd. European countries are importing more Russian crude ahead of […]
OPEC+ fell a whopping 3.6 million bpd below its oil production target in August, with the gap widening from 2.9 million bpd in July. While OPEC members were 1.399 million bpd behind the quota, non-OPEC […]
However, the officials insisted that given enough time, the country will suffer American officials admitted to CNN on Friday that US-led sanctions haven’t crashed Russia’s economy. Despite Moscow’s record energy revenue and the strength of its […]
Ukraine’s energy crisis differs dramatically from that of its European counterparts. In Europe, the problem is related to exorbitantly high prices. But in Ukraine, the crisis is shaped primarily by the battlefield, where energy infrastructure […]
ENB Pub Note: This will affect oil and gas pricing globally. If Putin is pushed out from China and India’s oil and gas sales, there will be dramatic price increases in energy commodities pricing. After […]
Oil suffered its third weekly loss on Friday as growing indications of a possible global recession battered the commodity, overshadowing any supply-risk concerns. US benchmark West Texas Intermediate futures landed at $85.11, a 1.9% decline […]
NEW DELHI, Sept 14 (Reuters) – India will soon start trading with Russia in rupees as top lender State Bank of India (SBI.NS) has agreed to facilitate the new mechanism, the president of India’s exporter group said […]
A Russian pipeline to China will replace the Nord Stream 2 gas link to Europe, abandoned amid the Ukraine conflict, Moscow’s Energy Minister Alexander Novak said Thursday. Asked in an interview with Russian television channel […]
On Thursday, the US Treasury Department announced that it is prepared to impose economic sanctions on any banking institution outside Russia which uses the country’s payment system. In a press release, the Treasury Department said […]
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