Natural gas supplies might be endangered by Vladimir Putin if he decides to shut down the gas tap. Europe needs natural gas supplies, and Vladimir Putin has the power to starve the bloc if he wants to make a point.
At this early stage in the first quarter of 2022, the oil market outlook remains tight and prices are still recording high levels despite the general agreement that surplus will eventually develop. Crude oil prices remained firm, registering levels not seen in more than seven years as investors are focusing on rising geopolitical tensions in major oil-producing regions that
Global gas markets are pointing downwards this week, with European imports and low Asian demand bearish factors, though the US has eyes on potential weather-related shutdowns in the coming days.