energy-market
Top StoriesEurope’s Appetite for U.S. Gas Fast-Tracks Two New Lng Projects
Top StoriesEurope Can Learn Lessons From 1970s Oil Shock as Rationing Looms
Top StoriesRussia Sets Deadline for Rouble Gas Payments, Europe Calls It ‘blackmail’
Top StoriesOil Prices Dive as U.S. Considers Record Reserves Release
Factbox-EU Nations’ Measures in Case Russian Gas Supply Stops
Date: March 30, 2022
By Nina Chestney (Reuters) – Germany triggered an emergency plan to manage gas supplies on Wednesday that could see Europe’s largest economy ration power if a standoff over a Russian demand to pay for fuel with roubles disrupts or halts supplies. Here are other countries’ plans and measures: EUROPEAN UNION The European Union has rules...
Oil Drops $6 on Positive Signals From Russia-Ukraine Peace Talks
Date: March 29, 2022
By Bozorgmehr Sharafedin LONDON (Reuters) -Oil prices dropped on Tuesday, extending losses from the previous day on signs of progress in talks between Russia and Ukraine to end their weeks-long conflict, with prices further pressured by China’s new lockdowns to curb the spread of the coronavirus. Brent crude fell $6.51, or 5.8%, to $105.97 a...
Factbox-What Are Europe’s Options in Case of Russian Gas Disruption?
Date: March 29, 2022
By Nina Chestney (Reuters) – European gas prices have risen further amid concerns about supply as Russia and the West remain at odds over Moscow’s demand for gas payments to be made in roubles. Last week, Russia said “unfriendly” countries must pay in roubles, not euros, for its gas in the wake of the United...
Oil Slides on Concerns of Weaker Chinese Demand
Date: March 28, 2022
By Rowena Edwards LONDON (Reuters) -Oil prices tumbled more than $9 on Monday as fears grew over weaker fuel demand in China after financial hub Shanghai’s lockdown to curb a surge in COVID-19 infections. Brent crude futures slid as low as $111.17 a barrel and were trading down $9.02, or 7.4%, at $111.63 a barrel...
Oil Slides on Concerns of Weaker Chinese Demand
Date: March 28, 2022
By Rowena Edwards LONDON (Reuters) – Oil prices tumbled more than $6 on Monday as fears over weaker fuel demand in China grew after financial hub Shanghai lockdown efforts to curb a surge in COVID-19 infections. Brent crude futures slid as low as $113.72 a barrel and were trading down $5.97, or 4.9%, at $114.68...
Russia Will Not Supply Gas to Europe for Free, Kremlin Says
Date: March 28, 2022
By Nina Chestney (Reuters) -Russia is working out methods for accepting payments for its gas exports in roubles and it will take decisions in due course should European countries refuse to pay in the Russian currency, the Kremlin said on Monday. At a meeting of European Union leaders on Friday, no common position emerged on...