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  • France’s Top Oil Refinery Halting as Strike Impact Deepens

    From bnnbloomberg.ca

    France’s top oil refinery is set to halt because of a workers’ strike over pay, the latest hit to the nation’s fuelmaking capacity from the weeklong industrial action. TotalEnergies SE is halting its refinery in Normandy, according to a union official. The step means almost two-thirds of the nation’s oil processing is now either fully offline or severely impacted by strikes or a recent fire. Exxon Mobil Corp., whose plants are also affected, said it’s limiting fuel supplies. The dispute underscores the tensions that have been bubbling up in the wake of a cost-of-living crisis that stretches far beyond ... (full story)

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    Dallas Fed Energy Survey

    From dallasfed.org|Sep 28, 2022

    Activity in the oil and gas sector expanded at a strong pace in the third quarter, according to oil and gas executives responding to the Dallas Fed Energy Survey. The business ...

    Russian Analysts Claim Nord Stream 2 Could Still Export Some Gas To Europe

    From oilprice.com|Sep 28, 2022

    One of the four lines of the Russian Nord Stream 1 and 2 pipelines could still be able to ship gas to Europe if Nord Stream 2 receives all necessary certification, Russian ...

    US Goods-Trade Gap Narrows to Smallest Since October 2021

    From bnnbloomberg.ca|Sep 28, 2022

    The US merchandise-trade deficit narrowed in August to the smallest since October 2021 as both imports and exports dropped, suggesting a tailwind for economic growth in the third ...

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    White House says if Russia moves forward with annexation, we will be prepared - Reuters

    From @PriapusIQ|Sep 28, 2022|21 comments

    tweet at 2:09pm: WHITE HOUSE SAYS IF RUSSIA MOVES FORWARD WITH ANNEXATION, WE WILL BE PREPARED - Reuters via https://t.co/ymHY6x3NYD tweet at 2:15pm: WHITE HOUSE SAYS CONSEQUENCES OF RUSSIAN ANNEXATION WILL BE REAL AND EXTRAORDINARY - Reuters via https://t.co/ymHY6x3NYD

    Defenses Bolstered at Europe’s Energy Sites After Alarms Raised

    From bnnbloomberg.ca|Sep 28, 2022

    Alarms are being raised about the security of Europe’s energy assets as nations worry if more widespread attacks will follow the Nord Stream pipeline blasts. The US said tankers ...

    Better late than never, the Bank of England rides to the gilt market’s rescue

    From think.ing.com|Sep 28, 2022|9 comments

    In a dramatic policy U-turn, the Bank of England is resuming gilt purchases. This provides a potential exit door to the nascent UK financial crisis, though this may require the ...

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  • Posted: Sep 28, 2022 1:45pm
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     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 197
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