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Europe

Europe
Finance

Economist Predicts “Mass Impoverishment” In Europe If Energy Prices Not Addressed The Daily Financial Trends

September 1, 2022 Mariel Alumit

Professor Damien Ernst of the University of Liege in Belgium is making startling predictions about the economic future of Europe, if something is not done to lower energy prices. In an interview with French news […]

Finance

Energy Prices Are Bleeding Through To Commodities The Daily Financial Trends

August 24, 2022 Mariel Alumit

As the global economy labors under sky-high energy costs, those costs are bleeding through the entire economy triggering record-setting inflation. One sector being increasingly battered by the high energy prices is the commodities sector, and […]

Finance

Gazprom Predicts European Gas Prices To Nearly Double In Winter To $4,000 Per 1,000 Cubic Meters The Daily Financial Trends

August 19, 2022 Mariel Alumit

Gas giant Gazprom says it is entirely possible European gas prices could hit $4,000 per 1,000 cubic meters in the coming winter, just as spot prices hit $2,450 on the London ICE exchange. Gazprom said […]

United States
Exports

U.S. becomes top LNG exporter in first half of 2022 – EIA

July 26, 2022 Mariel Alumit

HOUSTON, July 25 (Reuters) – The United States became the top liquefied natural gas (LNG) exporter in the first half of 2022, the Energy Information Administration (EIA) said, citing data from CEDIGAZ, as the country […]

Russia’s invasion
Crude Oil News

Russia Switches Oil Export Focus From Europe To Asia

June 23, 2022 Mariel Alumit

Almost four months after Russia’s invasion of Ukraine, Russian crude oil, Urals, has seen a switch in flow from its traditional market of Europe to Asia. Since the start of the war, based on the […]

Rystad
Crude Oil News

Asia imports more seaborne Russian oil than Europe, with India taking the lion’s share of Urals

June 21, 2022 Mariel Alumit

Almost four months after Russia’s invasion of Ukraine, Russian crude oil, Urals, has seen a switch in flow from its traditional market of Europe to Asia. Since the start of the war, based on the […]

Europe
Exports

Europe Imports Record LNG Volumes

June 15, 2022 Mariel Alumit

Europe is importing record levels of liquefied natural gas (LNG) this year as it looks to reduce dependence on Russian pipeline gas and fill gas storage ahead of next winter. The European Union and the […]

BlackRock
Finance

BlackRock rolls out four new ESG-focused sector ETFs in Europe

June 9, 2022 Mariel Alumit

BlackRock has broadened its suite of socially responsible global sector ETFs in Europe with the addition of four new funds. Listed in US dollars on Euronext Amsterdam and SIX Swiss Exchange, the new ETFs target stocks from the materials, […]

Asia
Exports

COLUMN-LNG momentum swinging back to Asia as Europe demand eases: Russell

May 24, 2022 Mariel Alumit

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 […]

Europe sets 2027 deadline to end reliance on Russian oil and gas
Geopolitical

Europe sets 2027 deadline to end reliance on Russian oil and gas

March 11, 2022 Mariel Alumit

London (CNN Business) Europe has given itself just five years to break its addiction to Russian oil and gas. European Commission President Ursula von der Leyen said Friday that EU leaders had agreed to spend the […]

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