The conflict between Russia and Ukraine has caused immense war-related devastation, resulting in loss of life, displacement of communities and damage to infrastructure. The ongoing war is exacerbating the economic burden on Ukraine and has far-reaching implications for neighbouring countries and international stability.

The record-high prices that were triggered by Russia’s squeeze on deliveries last year are now gone, but worsening economic conditions are hitting demand just as hard. Gas usage across Europe’s industrial landscape is projected to remain about 20% below 2021 levels.

Saudi Arabia's crude shipment to China are averaging 1.9 million b/d in August, up from 1.3 million b/d a month earlier, while Russia inflows are at 1.38 million b/d, up on month from 1.36 million b/d, according to Kpler shipping data. Imports from Saudi Arabia were at a 12-month low of 1.33 million b/d in July, while Russian shipments dropped to 1.91 million b/d in the month, the lowest since April, China General Administration of Customs data showed.

Mitsui joined the Arctic LNG 2 project in 2019 via a subsidiary called Japan Arctic LNG, which secured substantial financial support from state-owned Japan Organization for Metals and Energy Security (JOGMEC) as part of wider Japanese efforts to ensure stable LNG supply and diversify import sources.

U.S. commercial crude oil inventories decreased by 17.0 million barrels to 439.8 million barrels.

Historically, power cuts and outages were deemed a problem only for the developing world, however, we’re now seeing more of these issues in the so-called developed world, primarily driven by a lack of electricity infrastructure spend over many years.

U.S. commercial crude oil inventories decreased by 0.7 million barrels to 457.4 million barrels.

The central bank still expects a current account surplus of $47 billion this year and $38 billion in 2024. On Tuesday, it said in a statement that Russia’s worsening trade balance was caused by a decrease in export volumes as well as the decline in prices mainly for energy exports.

U.S. commercial crude oil inventories increased by 5.9 million barrels to 458.1 million barrels.

U.S. commercial crude oil inventories decreased by 1.5 million barrels to 452.2 million barrels.

At the heart of the new energy paradigm is undersea cable technology, which is benefitting from improved laying techniques and a general acceptance of the idea that high-voltage direct current connectors can function safely over very large distances for many decades.

«Наше успешное взаимодействие с индийскими партнёрами позволило нарастить экспорт российской нефти и нефтепродуктов, а также обеспечить рост поставок коксующегося угля», – отметил Николай Шульгинов.

Взаимодействие с китайскими партнёрами ведётся по нефтегазовой линии, в том числе по поставкам и переработке нефти, а также по поставкам природного газа и СПГ.

China National Petroleum Corp. signed a 27-year LNG purchase agreement for 4 million tons annually with QatarEnergy on Tuesday.

U.S. commercial crude oil inventories decreased by 3.8 million barrels to 463.3 million barrels.