... emphasizes. Russia’s Position in the LNG Market Russia remains a major LNG supplier to Europe, even as its share declines due to EU sanctions. Russia is actively expanding its LNG projects, such as the Arctic LNG-2, to maintain its market presence. Major European economies, including France and Germany, have long-term contracts with Russian suppliers, recognizing the difficulty of a complete switch to U.S. LNG in the near term. While the European Commission’s proposal to replace Russian LNG with American sources ...

... the presidents of Russia and the United States in mid-August (in Alaska), the dialogue on crisis resolution has effectively stalled. The sanctions confrontation remains without signs of compromise: Washington is prepared to tighten its pressure, while European allies avoid steps that could harm their own economies. Nevertheless, global energy markets are showing relative resilience. Oil prices have gradually recovered from a summer decline: the benchmark Brent crude has returned to around $70 per barrel, reflecting a fragile balance between supply and ...

... rig count will influence energy prices. Emerging market data from India and Brazil add to the day’s insights, making it essential for investors to stay updated with Open Oil Market! Friday, November 15, 2024: Key Economic Events for Investors 1. European Market Events Eurozone Consumer Price Index (CPI, October) — Published at 10:00 GMT The Eurozone CPI provides a critical look at inflation across the region. High inflation may pressure the European Central Bank to consider tightening its policy,...

... coal-based generation. Following a surge in coal generation in 2022-2023 (when coal temporarily replaced costly gas), coal's share in the EU energy system is once again declining. However, coal remains an important energy source for several Eastern European economies—such as Poland, the Czech Republic, and Greece—where its share in generation is still significant. In recent months, global coal prices have shown moderate dynamics. Futures for thermal coal (API2 index) are trading in the range of $110–120 ...

... of liquefied natural gas (LNG), has failed to meet several contractual obligations to Europe, raising concerns over energy stability as winter approaches. This article explores the reasons behind the redirection of U.S. LNG shipments, the impact on European consumers, and potential steps Europe could take to strengthen its energy security. Discover how these recent developments are affecting the market and why Europe is considering alternative measures to ensure reliable energy supplies. The U....