Tag Archives: Russia Today

Europe is Offered Backup Plan to Curb Gas Shortage

Europe could have a way out of a natural gas shortage if the winter is colder than usual. The very tight European gas market may find relief from the supply crunch if it taps part of the so-called cushion gas, which keeps supply pressure at storage facilities, energy consultancy Wood …

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OPEC+ Ready to Risk Higher Prices

OPEC+ is ready to risk prices going higher and affecting demand rather than add more supply to curb the upward potential of benchmarks, Reuters’ John Kemp wrote in a column this week. According to Kemp, OPEC+, like US shale oil drillers, tend to put more weight on the downside risks …

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