Oil price toward new highs, bad news for Central Bankers
When oil surged above $90 a barrel a few days ago, observers attributed it to military tensions between Israel and Iran. However, the underlying reasons...
Tag: energy crisis
American producers major beneficiaries of sanctions on Russian oil
The United States is the primary beneficiary of sanctions on Russian and Venezuelan oil. American oil exports have set five new monthly records since Western...
Germany, the New Weakness in Europe
Even if Germany finally starts to grow again in 2024, it will struggle to shake off the depression lurking behind one of its weakest annual...
Comprendre le conflit Ukrainien
L’objectif de cet ouvrage court par volonté, n’est pas de porter un jugement sur les protagonistes du drame qui se joue aujourd’hui à quelques centaines...
The crisis in the Middle East: a risk to the global economy?
Like past wars in the Middle East, the conflict between Israel and Hamas that erupted last week could potentially disrupt the global economy and even...
Europe, a new gas threat for the winter
As Europe seeks to import liquefied natural gas to fill the gap left by Russia, new sources of supply may be ready after winter. Straddling...
Oil above one hundred dollars, a new normal for the West?
In the oil world, there is not a single price. The financial market focuses on Brent and WTI, traded in London and New York, respectively....
A slump in the Eurozone economy
Growth barely increased in the second quarter, with GDP only rising by 0.1%, as opposed to the initial estimate of 0.3% at the end of...
European gas surges as Chevron receives a strike notice in Australia
Natural gas prices in Europe have surged after Chevron announced strikes at its liquefied natural gas export plants in Australia. Unions have initiated protest action...