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HomeImports

Imports

Commodities

Biden Bans Imports of Russian Oil, Natural Gas

March 8, 2022 Stu Turley

President Biden banned imported oil and other energy sources from Russia to punish the country as it intensified its military campaign in Ukraine, a move that will add pressure to already record U.S. gasoline prices […]

Oil Market to Get Even Tighter on Russia Disruptions, Says Vitol
Commodities

Oil Market to Get Even Tighter on Russia Disruptions, Says Vitol

March 6, 2022 Stu Turley

‘Plenty of twists and turns to come,’ says Vitol’s Muller Vitol’s views echo those of Wall Street banks such as Goldman Global oil markets could tighten even more with Russian flows being disrupted and producers […]

Germany is among the European nations poised to be hit the hardest by any energy disruptions as it relies more on Russian imports.
Commodities

Europe Fears It Could Be Too Late to Shake Off Russian Gas Addiction

March 5, 2022 Mariel Alumit

Russian President Vladimir Putin’s war in Ukraine has jolted Europe’s slow-moving efforts to wean itself off Russian natural gas, but time is running out, threatening to leave consumers cold and factories idle by next winter. Whether the Kremlin […]

Warship in the Black Sea
Commodities

Why the Black Sea Matters to Commodity Markets – And Energy Is At The Core

February 26, 2022 Stu Turley

The Black Sea — a major artery for the movement of commodities at the crossroads of Europe and Asia — is suddenly drawing the world’s attention as the conflict in Ukraine unfolds. Half a dozen […]

Crude Oil News

The U.S. Will Be A Net Oil Importer In 2022

February 20, 2022 Stu Turley

Higher net crude oil imports are set to make the United States a net petroleum importer this year again, as in 2021, after a historic shift of being a net petroleum exporter in 2020, the […]

China says U.S. tariff extension on solar products hurts new energy trade
Electrical Generation / Utilities

China says U.S. tariff extension on solar products hurts new energy trade

February 6, 2022 Mariel Alumit

A U.S. extension of tariffs on solar products distorts international trade and hinders the development of clean, low-emission energy, China’s commerce ministry said on Saturday. President Joe Biden on Friday extended Trump-era tariffs on imported solar-energy […]

Adriatic LNG Terminal - offshore levante
Exports

Can the US find enough natural gas sources to neutralise Russia’s energy leverage over Europe?

February 1, 2022 Mariel Alumit

Natural gas represents about one-fifth of all primary energy used across Europe. It accounts for about 20% of electric power generation and also is used for heating and industrial processes. Russia is the largest supplier of natural […]

LNG - -energynewsbeat.com
Imports

How Long Will Europe’s Gas Crisis Last? Traders Have an Answer

December 26, 2021 Mariel Alumit

For a glimpse of how much longer this year’s energy crunch is going to last, look no further than the European natural gas market. Forward prices have more than doubled over the past month, with […]

Climate Crisis

Crude reality: One U.S. state consumes half the oil from the Amazon rainforest

December 3, 2021 Stu Turley

ENB Publishers Note: The hypocrisy of California is sad. “Let’s save the planet” but turn a blind eye to being one of the largest reasons the Amazon rain forest is being destroyed through importing oil […]

Canada US Flags - ENB
EIA News

In 2020, the value of energy trade between the United States and Canada declined

December 2, 2021 Mariel Alumit

Source: Graph by the U.S. Energy Information Administration, based on Standard International Trade Classification (SITC) data published by the U.S. Census Bureau Note: Data displayed are for crude oil, petroleum products, natural gas, and electricity only. In 2020, […]

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