Energy markets to remain unstable

The Russia-Ukraine war continues to destabilise energy markets in 2023, as tight oil and gas supplies will persist and economic recovery, driven by China, leads to increased energy demand, impacting prices upwards.

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Natgas market under the weather

The lack of new liquefaction capacity coming online in the US, combined with low additions globally in 2023, stands to pressure the gas market as it grapples with extreme volatility and persistently

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What is going on with Cyprus LNG?

Following a hard-hitting article in Phileleftheros on 5 January calling the project a ‘fiasco’, we had a flurry of announcements from the Ministry of Energy during the last few days. The good

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Low natural gas prices won’t last

The global energy crisis continues with no end as the Russia-Ukraine war moves into winter. In Europe, natural gas prices have come down for now, but oil prices are edging upwards. Gas

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Energy crisis long afterburn

Europe’s energy crisis will not just be for this winter. Europe is expected to face similar problems next winter and probably beyond, driven by tight global gas supply and increasing competition for

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Shock and awe of energy war

Ukraine’s decision on 11 May to stop some Russian gas flows to Europe has sent shivers down the markets. This happened at an entry point on Ukraine’s eastern border called Sokhranovka, which

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No end to rising oil prices

Ever since Russia’s invasion of Ukraine, the price of oil has been rising relentlessly. On February 24, Brent crude was trading at $95/barrel. However, following President Biden’s announcement that the US is

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