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BBCNEWS World Business Report June 4, 2024 04:38:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:38:00

Picture than last year. joining me now is paul hickin, director of s&p global commodity insights. thank you for being with us today. if this is the new normal, how far along the road are we in adjusting? i think there are two things for oil and gas. i think there are two things for oiland gas. for oil, we are already seeing the signs of different flows coming in. europe has switched to us and released crude flows and earlier you said that russia and india are taking much more of russian oil supplies. with a gas scenario, it is different because it's not easy to reshuffle flows in the same way....

Supply concerns hit the European gas market - Vimarsana News

Supply concerns hit the European gas market

European gas prices have rallied significantly over the last week. The strength in the market has been driven by reduced Russian flows via the Nord Stream pipeline, while the LNG market is also tighter following an outage at the Freeport LNG export terminal in the US.

Russian gas flows to Eni drop for sixth consecutive day - Vimarsana News

Russian gas flows to Eni drop for sixth consecutive day

Gazprom is still only partially confirming gas nominations.

Italy risks state of alert due to low gas supply: press - Vimarsana News

Italy risks state of alert due to low gas supply: press

Rome could trigger demand-side measures if a state of alert is declared next week.

Russia's Gazprom has cut natural gas flows to Germany by 60% – Western Europe is about to get the "green energy" nightmare it always wanted - Vimarsana News

Russia's Gazprom has cut natural gas flows to Germany by 60% – Western Europe is about to get the "green energy" nightmare it always wanted

For the second day in a row, Russia's Gazprom, a majority state-owned supplier of natural gas, has reduced export flows of the fossil fuel to Germany. Combined with the first cut, Germany is [...]