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EU sanctions support European refining margins
Exports of crude oil from Russia are continuing although they are being increasingly diverted to Asia, primarily India. Distillate exports to Europ...
Europe gas 2021 in review: how the energy crisis started
In 2021, a series of developments shook up the gas market and led to record global gas prices. The eye of this global storm centred around European...
Can Europe get through the winter?
Imports through Nord Stream have been averaging 42% of nominal capacity since Gazprom reduced flows on 14th June blaming an inability to complete c...
Can power demand for gas sustain record-breaking levels through the summer?
With Henry Hub trading close to summer 2015 levels, reduced coal contracting and coal unit retirements sets up strong growth in gas demand for July...
Canada gas markets long-term outlook H1 2015
Canadian market fundamentals have reversed direction in the last six months — AECO prices are down 50% and global oil prices have slumped by nearly...
Canadian wildfires weaken natural gas demand but mask strengthening market fundamentals
We estimate 1.1 million b/d crude oil production has been shut-in so far, taking away 1 bcfd of gas demand along with it for a few days in May. How...
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