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Russia Sanctions

Russia Sanctions
2022, October, 21, 11:25:00
EUROPEAN GAS PRICES DROP
Benchmark futures declined as much as 4.8% on Friday and headed for a third straight weekly loss.
Russia Sanctions
2022, October, 21, 11:20:00
EUROPE AGREE DISAGREE
Germany stuck to its refusal to cap gas prices and the 27 could only agree to disagree, declaring they will keep on examining options to put a ceiling on costs.
Russia Sanctions
2022, October, 20, 14:20:00
GERMANY'S GAS WINTER HOPE
"If we continue to meet our savings target of at least 20% in Germany, if three LNG terminals start operating at the beginning of next year at the latest, and if the expected winter-related decline in imports and the rise in currently low exports remain moderate, then we can get through the winter without a national gas emergency," he said in a statement.
Russia Sanctions
2022, October, 20, 14:15:00
EUROPEAN WINTER RISKS
While Europe lacks transparent data on who owns stored gas, the bulk is held by utilities, including state-owned companies, that will need to withdraw fuel to supply households and manufacturers, according to people familiar with the matter.
Russia Sanctions
2022, October, 19, 12:00:00
EUROPE, RUSSIA SANCTIONS ANEW
The bloc’s eighth round of sanctions state that if a tanker owner transports Russian crude above an agreed price threshold, their ship would be prohibited from getting EU services needed to ship the commodity, such as insurance, “in the future.”
Russia Sanctions
2022, October, 18, 15:25:00
EUROPEAN GAS PRICES DOWN MORE
Benchmark futures dropped as much as 10.1% to 115 euros per megawatt-hour, the lowest intraday level since mid-June.
Russia Sanctions
2022, October, 17, 12:35:00
EUROPEAN GAS PRICES DOWN AGAIN
The EU has already asked members to voluntarily reduce gas demand by 15%, and Energy Commissioner Kadri Simson has said a plan is under consideration to make the cut mandatory.
Russia Sanctions
2022, October, 13, 12:45:00
EUROPEAN GAS PRICES UPDOWN
Traders are on edge with Russian President Vladimir Putin saying any energy infrastructure in the world is at risk after the Nord Stream explosions, which he said benefited the US, Ukraine and Poland.
Russia Sanctions
2022, October, 12, 12:05:00
EUROPEAN GAS PRICES LIMITATION
EU energy ministers gathering in Prague on Wednesday will consider that model, which has already been adopted by Spain and Portugal, allowing consumers to avoid the worst of the price surges.
Russia Sanctions
2022, October, 10, 12:50:00
EUROPEAN GAS PRICES DOWN ANEW
Benchmark Dutch front-month futures dropped as much as 7.8% to 144 euros per megawatt-hour, the lowest intraday since July 1.
Russia Sanctions
2022, October, 10, 12:45:00
EUROPEAN GAS PRICES LIMITS
Europe's gas price benchmark, the TTF month-ahead contract, traded Oct. 7 below Eur160/MWh, more than 50% lower than peaks seen in late August.
Russia Sanctions
2022, October, 7, 10:20:00
GERMANY'S GAS REDUCTION
The head of Germany's Federal Network Agency, which would be in charge of gas rationing in the event of a supply emergency, repeated his warning a week ago that consumption was too high.
Russia Sanctions
2022, October, 7, 10:15:00
RUSSIA'S OIL EXPORTS DOWN
Excluding Russia's share of Kazakhstan's CPC Blend exports, Russian crude exports averaged 2.99 million b/d in the month, down 290,000 b/d on the August levels and lowest since September 2021 when global oil demand was still recovering from pandemic lockdowns
Russia Sanctions
2022, October, 6, 13:15:00
CHINA OIL DEMAND DOWN
China’s crude oil imports peaked in late 2020 and early 2021 before decreasing as a result of lower domestic demand and higher global crude oil prices.
Russia Sanctions
2022, October, 6, 13:10:00
GERMAN ENERGY SUPPORT 200 BLN EUROS
European countries should guard against distorting the common market with billions in state support and must maintain a level playing field