Eurasia Journal News

Gas Market at an Unstable Equilibrium, Waiting for Supply Hints – Rystad Energy Gas and LNG Market Comments

In Europe, the resumption of Russian gas flows to Germany at Mallnow and small injections into German storage at Rehden have calmed traders nerves and prices after a week of volatility On the other hand, temperatures over the next few weeks are forecast to trend at or below normal through …

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Eurasia Journal News

Gas Market Bearish but Caution is Advised Until New Supplies Materialize – Rystad Energy Gas and LNG Market Comments

In Asia, after several months’ efforts on restocking, Chinese storages have largely completed their gas injections. Our data indicates Chinese LNG imports dropped more than 50% last week to around 15 cargoes, a number we see staying flat for the current week. Overall regasification facility utilization dropped to below 90% …

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Eurasia Journal News

Oil Back up on Expected OPEC+ Conservatism – Rystad Energy Oil Market Notes

Although prices fell sharply on Wednesday after surprisingly high crude stock builds in the US, today the dust settled and the market sentiment turned bullish ahead of the OPEC+ meeting, as traders expect the group to stand firm on its policy for a gradual modest production increase. Prices are rising …

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Eurasia Journal News

Guardian Report: Europe Could Face Oil Shortage in a Decade, Study Warns

Europe could face a shortage of oil within the next decade, making the move to increase the use of low carbon energy even more urgent, according to a new report. The study has warned that oil production may fall faster than the EU’s reliance on fossil fuels, raising the risk of …

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