Storage Mandate News Today

lets start with oil, because at the weekend, the secretary general of the organization of petroleum exporting countries, haitham al ghais, said he expects global oil demand to exceed pre—pandemic levels this year. so what does this mean for the oil industry? joining me now is russ mould, investment director at aj bell. does this mean we are going to hit $100 per barrel again in 2023? , ., , hit $100 per barrel again in 2023? ., �*, ., hit $100 per barrel again in 2023? a, a a, 2023...

Weather events, we have high storage into this year, and that has done a bit to protect us in terms of lowering prices compared to last year. so thats one thing. but the other thing is the price cap which has been controversial to say the least. what really matters is supply and demand fundamentals. in the short—term, its very difficult to reset the balance and to loosen everything out. a storage mandate helps, the price cap is a long way from where current prices are. it wont really kick in f...

Seen in recent months. so, with so much uncertainty surrounding europes energy security, what more does the eu need to do to cope with the gas and energy crisis? joining me now is james waddell, head of european gas at energy aspects. james, thanks for joining james, thanks forjoining us. how well do you think eu finance ministers have been dealing with the energy crisis? we have tried to do a look at different levels with the eu to protect customers from the worst effects of high wholesale pric...