Last year, Kazakhstan faced a massive coal shortage as demand outpaced supply. In order to prevent another shortage, the Central Asian country is planning to cut coal exports via road transportation. Analysts and officials blamed […]
Sunday is the day when European Union regulations prohibiting dealings with Russian state energy companies come into effect. That should trigger a further decline in the volume of crude and refined products bought and traded by European […]
Opec has revised its oil demand forecast for this year further down, because of the impact of the war in Ukraine on the global economy, accelerating rates of inflation and Covid-19 restrictions in China — […]
A big unilateral cut by Saudi Arabia enabled Opec-plus to post the highest compliance rate so far with the oil production cuts it began implementing last May. The Saudis lowered their production by 979,000 barrels […]
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