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BBCNEWS Talking Business July 7, 2024 - Vimarsana News

BBCNEWS Talking Business July 7, 2024

i'm going to be discussing all of that with these two, there they are, dr ulrich hoppe, the director general of the german british chamber of industry and commerce. and helima croft, a member of america's national petroleum council, which advises the us energy secretary on strategy. also on the show, the big boss of the middle east's oldest privately held oil and gas company, crescent petroleum, joins me to talk about those skyrocketing prices, energy supply and the impact of the war in ukraine. wherever you'rejoining me from around the world, once again, a big hello and a warm welco...

BBCNEWS Talking Business July 7, 2024 - Vimarsana News

BBCNEWS Talking Business July 7, 2024

an energy emergency? energy companies across the continent warn of higher prices. limited rationing is already under way in germany as the supply from russia starts to drop off. in america, they've released more oil to the market but is it enough to keep us all going? with more sanctions and cold weather on the way, are we looking at a perfect storm for the energy market? i'm going to be discussing all of that with these two, there they are, dr ulrich hoppe, the director general of the german—british chamber of industry and commerce. and helima croft, a member of america's national...

BBCNEWS Talking Business June 4, 2024 00:46:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 00:46:00

So when that release winds down it will be a very important question about where are the additional supplies? because that release winds down right when we are talking about the sanctions on russia kicking in. helima, do you think governments in europe and the united states can keep their electorate, their consumers, onside with sanctions if these prices are pretty much anything are just going to continue to soar? the real question is — what comes next in terms of prices? i mean, gasoline prices have come down in the united states. the question is, when these sanctions kick in, do we once ag...

BBCNEWS Talking Business June 4, 2024 14:46:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 14:46:00

From the united states' strategic petroleum reserve. it will be exhausted in october and the question is, what comes next? but because the united states is a member of the international energy agency, we are required to hold stockpiles for 90 days at import cover. that means when this blockbuster release is finished, we're not anticipating another major release again because of the requirements by the iea to hold the 90 days of cover. so when that release winds down it will be a very important question about where are the additional supplies? because that release winds down right when we are t...