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Qatar, the world’s biggest exporter of liquefied natural gas, said it’s “unhappy” prices are so high but is producing at maximum capacity. Source
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Crude topped $81 a barrel as the global power crunch boosts demand for oil ahead of winter. Source
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High Natural Gas Prices Could Lead To 2 Million Bpd Extra Oil Demand | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Oct 10, 2021, 6:00 PM CDT Oil prices have vaulted to multi-year highs after OPEC and other...
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Record High LNG Prices Could Result In Demand Destruction | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Oct 10, 2021, 4:00 PM CDT Asia’s spot LNG prices have exceeded a...
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Lebanon’s Unravelling Economy Could Have A Major Geopolitical Impact | OilPrice.com Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – Oct 10, 2021, 2:00 PM CDT As Lebanon’s economy...
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Europe Desperately Needs To Diversify Its Energy Supply | OilPrice.com Stuart Burns Stuart is a writer for MetalMiner who operate the largest metals-related media site in the US according to third party ranking sites. With a preemptive… More Info Premium Content By Stuart Burns – Oct 10, 2021, 10:00 AM CDT Rising energy prices have...
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Gazprom PJSC increased its 2021 price guidance for natural gas exports, while signaling caution on volumes it could ship, as Europe’s energy crisis worsens. Source
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President Joe Biden is under intensifying pressure to keep a lid on rising gasoline and natural gas prices that threaten the economic recovery and Democrats’ political ambitions. Source
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Norway’s election-winning Labor Party agreed to form a minority government with another proponent of oil exploration, the agrarian and euro-skeptic Center Party. Source
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Major energy traders including Gunvor Group Ltd. and Mercuria Energy Group Ltd. have reduced the size of their trading positions and increased borrowing from lenders to cover large margin calls stemming from the unprecedented surge in European gas prices, according to people familiar with the matter. Source
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