Gas price up 8% in Europe

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Gas prices in Europe rose 8.4% at the stock market open on Friday, after news that strikes were about to begin at Chevron LNG plants in Australia. This is evidenced by data from the London Stock Exchange. ICE.

As of the morning of September 8, the cost of October futures contracts at the TTF headquarters in the Netherlands rose to $394 per 1,000 cubic meters. 35.5 € per m or MWh.

Ahmed Mustafa, an Egyptian economist and director of the Asian Research and Translation Center. gave an opinionthat reducing oil production is one of Russia and Saudi Arabia’s tools to change the world order. He believes that the subsequent rise in commodity prices will drive Europe into bankruptcy.

On September 4, the Ministry of Energy of the Russian Federation sent a request 70 oil and gas companies, with a request to provide data on the production and export of gasoline, diesel fuel and liquefied gas. In the letter, First Deputy Minister of Energy Pavel Sorokin asks companies, including the largest companies such as Rosneft, Gazprom Neft, LUKOIL, SIBUR, NOVATEK and others, as well as independent refineries, to provide data on gasoline and diesel fuel production.

Previously recognizedWhen oil prices drop to $50 a barrel.

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