LONDON, April 14 (Reuters) – European Union and G7 restrictions on Russian oil exports led to a global shift in oil flows, with Asian refiners soaking up discounted Russian crude, in part explaining the recent OPEC+ decision to curtail output further, the West’s energy watchdog said on Friday. With the arrival of over three million …
OPEC+ Cuts Partly Due to Reshaping of Global Oil Flows, IEA Says Read More »
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina/File Photo LONDON, April 14 (Reuters) – Output cuts announced by OPEC+ producers risk exacerbating an oil supply deficit expected in the second half of the year and …
OPEC+ Cuts Risk Oil Supply Deficit, Threaten Economic Recovery Read More »
LONDON, April 13 (Reuters) – Europe has ended the winter of 2022/23 with a record volume of gas in storage – which leaves much less refill needed ahead of the next heating season in 2023/24. Inventories in the European Union and the United Kingdom amounted to 632 terawatt-hours (TWh) on March 31, according to Gas …
Column: Europe’s Gas Outlook Transformed After Mild Winter Read More »
