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Economics Gazette

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August 15, 2018

Commodities

Olena Zerkal

Ukraine warned the EU for possible crisis of natural gas supplies

Ukraine notified the European Union (EU) for an early warning for a crisis in the energy sector because of Gazprom’s refusal to comply with the Stockholm arbitration court decision. This was announced by the Deputy Minister of Foreign Affairs of Ukraine for the European Integration, Olena Zerkal. “Gazprom’s current act of failing to fulfill its

US net exporter oil

The US will become a net energy exporter by 2022

The US will become a net energy exporter by 2022, according to the EIA’s annual forecast. According to the institution’s assessment, the sector will be characterized by a strong increase in energy resource extraction, but against the backdrop of domestic demand will remain without major changes. The US Energy Estimates forecast for 2050 is that

Ukraine gas import

Ukraine restarts gas import from Russia

Ukrainian Naftogaz could make a request in March to get the first quantities of gas directly from Russia, revealed the director of the company Andriy Kobolyev. From 2015, Ukraine does not buy gas directly from Russia, but through reverse links from Poland, Hungary and Slovakia. According to Naftogaz data in 2017, the gas imports to

Oil deliveries

The United States started deliveries of crude oil to the UAE

The United States started deliveries of crude oil to the UAE. Although United Arab Emirates (UAE), one of the leading Gulf oil producers, where billions of dollars of raw material feeds the giant state-owned investment fund, does not look like a potential oil customer in Texas, according to US government data the country has purchased

Crude oil

Crude oil starts the new week with decrease

The crude oil starts the new week with decrease against a backdrop of rising dollar and rising US stocks. During Asian trade, the futures on US light crude oil with delivery in March fell by 0.78% to 64.94 USD per barrel. The decrease in Brent varieties with delivery in April was 0.82% to 68.02 USD

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