BERLIN, May 27 (Reuters) – Ministers from the Group of Seven countries on Friday called on OPEC to act responsibly to ease a global energy crunch brought on by the Russian invasion of Ukraine, even […]
LAUNCESTON, Australia, May 24 (Reuters) – The merry-go-round of liquefied natural gas (LNG) between Europe and Asia appears to be tilting back toward Asia as buyers in the top-consuming region start to chase cargoes ahead of the […]
With the United States banning Russian energy imports, and Europe weighing how far to go in doing the same, President Vladimir V. Putin of Russia told top officials and industry representatives this week that Moscow […]
Europe faces a number of challenges in importing more U.S. LNG. Long-term contracts prevent U.S., Qatari and Australian LNG producers from seriously boosting exports to Europe. Europe and Asia will compete for spot cargoes in […]
(Bloomberg) — The cost to transport a shipment of U.S. liquefied natural gas to energy-starved Europe turned negative, a dramatic reversal that illustrates a growing glut of ships in the Atlantic ferrying American fuel. Spot […]
February 8, 2022 Source: U.S. Energy Information Administration, International Energy Outlook 2021, Issues in Focus: Uncertainty in Coal Trade in India and Greater Southeast Asia Note: Greater Southeast Asia refers to Bangladesh, Bhutan, Brunei Darussalam, […]
Aramco’s move follows Brent oil jumping above $93 a barrel Prices climbing with demand strong and supply disruptions Saudi Arabia raised oil prices for customers in Asia, the U.S., and Europe after crude’s surge to […]
As I have talked about for several months, OPEC and OPEC + have again reached the global power that they originally desired. The United States shale revolution held that in check and reduced their influence […]
Oil forecasters have parted company on their views about demand in the coming months, as the omicron variant of the Covid-19 virus spreads rapidly around the world. And producers have emerged as the surprising bulls […]
Spot freight rates for liquefied natural gas tankers in the Asia-Pacific have surged to record highs as a steady flow of U.S. cargoes to the region boosts demand for ships. The cost of chartering a […]
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