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  • Russia Sets Out How Much It’s Going to Cut Gas Flow Through 2025

    From bnnbloomberg.ca

    Russia set out just how much its gas flows to the global market will fall in the next three years -- and the numbers underscore the scale of the challenge facing Europe’s energy consumers. Annual pipeline gas exports are set to drop by almost 40% to 125.2 billion cubic meters in 2023-2025, according to the nation’s three-year draft plan, seen by Bloomberg. Pipeline gas exports is estimated at 142 billion cubic meters this year, the draft showed. Russia’s gas giant Gazprom PJSC has been reducing flows to Europe -- historically its biggest market -- for months amid the region’s sanctions over the invasion of ... (full story)

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    Strike shuts both of Exxon's French refineries: Update

    From argusmedia.com|Sep 22, 2022

    Strike action is disrupting operations at both of ExxonMobil's French refineries. Workers at the company's 133,000 b/d Fos refinery in southern France are in the process of ...

    ECB's Schnabel: Risk of recession has increased, Labor market is resilient, There are reasons to...

    From @DailyFXTeam|Sep 22, 2022

    tweet at 12:57pm: ECB's Schnabel: -Risk of recession has increased -Labor market is resilient -There are reasons to anticipate continued inflation #ECB $EUR

    Next Tropical Threat Could Become Major Hurricane With Crosshairs On US Gulf Refineries

    From zerohedge.com|Sep 22, 2022

    About a month into the 2022 Atlantic hurricane season, we noted the threat of tropical disturbances could wreak havoc on oil/gas operations in the Gulf of Mexico and send gasoline ...

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    Following Putin's threats, the EU rushes to agree on an oil price cap

    From @financialjuice|Sep 22, 2022

    tweet at 2:28pm: FOLLOWING PUTIN'S THREATS, THE EU RUSHES TO AGREE ON AN OIL PRICE CAP.

    Nigeria’s Oil Minister: If crude prices fall below current levels, the production cartel may be...

    From @financialjuice|Sep 22, 2022

    tweet at 2:52pm: NIGERIA’S OIL MINISTER: IF CRUDE PRICES FALL BELOW CURRENT LEVELS, THE PRODUCTION CARTEL MAY BE FORCED TO MAKE ADDITIONAL CUTS. tweet at 2:53pm: NIGERIA'S OIL MINISTER: OPEC+ STILL BELIEVES THAT SUPPLY AND DEMAND FUNDAMENTALS CONTINUE TO SUPPORT RISING PRICES, BUT CRUDE PRICES CONTINUE TO FALL. tweet at 2:53pm: NIGERIA'S OIL MINISTER: WE DON'T KNOW EXACTLY WHAT WE CAN DO TO FIX THIS, BUT THE ONLY TOOL WE HAVE IS TO CUT PRODUCTION IF PRICES FALL TOO LOW.

    With Aggressive Rate Forecasts, Fed Seeks to Reinforce Commitment to Taming Inflation

    From pimco.com|Sep 22, 2022

    At the September meeting, Fed officials hiked the fed funds rate by 75 basis points (bps) and provided their most resolute messaging to date on their willingness to do whatever it ...

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  • Posted: Sep 22, 2022 2:24pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 234
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