LONDON, July 27 (Reuters) – European Union policymakers have started to prepare the public for siege conditions this winter if gas supplies from Russia are completely cut, an effort to demonstrate diplomatic resolve as well […]
Some in the West are relishing the images of revolt coming out of Sri Lanka. Tweeters and leftists are marvelling at the footage and photos showing angry Sri Lankans storming the presidential palace and having […]
Western nations made a mistake by imposing energy sanctions on Russia, and if they persist with further restrictions it will be a catastrophe for global markets, said President Vladimir Putin. “Sanctions restrictions on Russia cause […]
As the world watched, French President Emmanuel Macron explained the basics of supply and demand in oil markets to President Biden this week. Video of the encounter made it obvious: Energy experts need to begin loudly restating the basic truth […]
Top German industries could face collapse because of cuts in the supplies of Russian natural gas, the country’s top union official warned before crisis talks with Chancellor Olaf Scholz starting Monday. “Because of the gas […]
Global diesel and gasoline markets are witnessing blowout crack spreads in the US$50-60 per barrel (bbl) range, reflecting a clear lag in the refining system to respond effectively and decide between supplying diesel or gasoline. […]
Just as the world was getting serious about a green-energy future, its dependence on fossil fuels struck home with a force not seen since the 1970s. Russia’s invasion of Ukraine combined with pressures unleashed by […]
ENB Publishers Note: While I am in favor of using any steady supply of electricity to get people out of poverty, natural gas is about the cheapest and least impactful on the environment. Being in […]
Biden: High gasoline prices are part of an incredible transition away from oil and gas. The average gasoline price in the U.S. reached $4.596 per gallon at the start of this week. Soaring diesel prices […]
Jamie Dimon had some good news for investors in a recent interview, suggesting that they should trust the Fed. He also highlighted commodity market turmoil, stating that it is likely to get “much worse.” Like […]
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