The Latest Breaking News from Bjarne Schieldrop

‘Winter panic’: EU gas stores at their lowest level in 13 years

As one of Europe’s biggest consumers of gas the UK may be particularly exposed to heightened price volatility

The Guardian - UK · Aug 29

Oil and gas unlikely to return to prewar prices for months even if Hormuz reopens

Markets welcome US-Iran peace deal but prices may stay high as buyers race to refill depleted emergency crude stockpiles

The Guardian - UK · Jun 15

Angola Departure A Blow For OPEC+ As Cartel Tensions Rise

Angola's departure from OPEC exposes the tensions with the oil cartel as it seeks to cut output to maintain prices just as the United States ramps up production.

International Business Times · Dec 21, 2023