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Thursday, December 5, 2024: Analysis of Key Events and Reports
... retail sales figures. A focal point is the OPEC+ meeting and its potential ramifications on global oil prices and the Russian economy. Additionally, the piece evaluates the U.S. trade balance, initial jobless claims, Canada's Ivey PMI, and the EIA's natural gas storage data. Insights are provided on speeches from central bank representatives and their prospective impacts on financial markets. The article also highlights corporate events, such as shareholder meetings and financial disclosures from ...
The US Fails to Comply with LNG Contracts to Europe Worth Tens of Billions: Implications for Europe's Energy Market
Gazprom says the United States is failing to deliver liquefied natural gas (LNG) to Europe, covering contracts worth tens of billions of dollars. This article looks at the reasons for the supply diversion, the implications for Europe's energy security, and possible steps the EU could take to protect its energy supplies ...
Why Trump Wants to Buy Greenland: Economic and Geopolitical Motives
... Base — one of the most important stations in the early warning missile defense system. Control of the island would allow the United States to enhance its military power in the Arctic and curb the growing influence of Russia and China in the region.
Natural Resources: Rare Earth Elements and Oil
Greenland is rich in natural resources, including 43 out of 50 elements that the United States considers strategically important. Among these are rare earth metals, critically essential for the production ...
The lifting of the ban on gasoline exports will not lead to an increase in gas station prices.
The government only managed to announce the possible lifting of the ban on gasoline exports from Russia, and within ten days, the stock prices of AI-92 rose by almost 5%, and AI-95 by 7%. Naturally, concerns arose that the resumption of gasoline exports would accelerate its price increase, including at the retail level, where prices continue to rise this year, despite the traditions, at the end of the year, after the high-demand period ...
Fuel and Energy News, Friday, July 25, 2025: Brent below $70, record gas supplies, gasoline export ban starting August
... approximately 12.4 billion cubic meters of gas into storage, representing the highest monthly volume in the last three years. Contributing factors to this surge include a relatively mild winter and reduced consumption, as well as increased imports of liquefied natural gas (LNG)—around 12 billion cubic meters of LNG arrived in Europe in June, marking a record figure for the first summer month.
High gas reserves allow Europe to feel more secure: despite the reduction of pipeline supplies from Russia, EU countries ...