June 2023
![June 2023](/cache/05-23/20230530-123815.97c92a8e.jpg)
2023, June, 2, 06:25:00
OIL ENTROPY
Voluntary production cuts by some members of OPEC is due this coming month. Russia lifts levy on Oil & Gas firms amid G7 Price cap on Crude Oil.
![June 2023](/cache/06-23/south-africa-4.cde8fe38.jpg)
2023, June, 2, 06:20:00
SOUTH AFRICA'S ENERGY COLLAPSE
The recommendations come at a time when South Africa is suffering its worst ever power cuts, with blackouts of more than 10 hours a day and a slowing economy, and is opening up the electricity generation industry to private operators.
![June 2023](/cache/05-23/south-africa-3.5f6fc2a2.jpg)
2023, June, 2, 06:15:00
SOUTH AFRICA'S ENERGY CHAOS
Regardless of how this breakdown occurred, it is the symptom of greater issues with South Africa’s energy infrastructure.
![June 2023](/cache/06-23/usa-56.a9a039cf.jpg)
2023, June, 2, 06:05:00
U.S. OIL INVENTORIES UP BY 4.5 MB TO 459.7 MB
U.S. commercial crude oil inventories increased by 4.5 million barrels to 459.7 million barrels.