BNR – The big picture: How long will oil remain worth its weight in gold?
Donald Trump is eager to extract oil in Venezuela. This is understandable, as there are 302 billion barrels of the black gold in the ground. However, these will not be pumped up tomorrow, nor will they likely be next year. According to experts, it could even take decades before the Venezuelan oil industry is back in full swing.
Relatively low gas reserves not a concern for this winter
Hans van Cleef spoke to the FD about the winter conditions and the consequences for gas reserves: Dutch gas reserves are relatively empty, just when heating demand is high. According to experts, the low gas price indicates that there is little concern in the market about impending gas shortages this winter. Energy experts do point out that […]
Studio Energy Podcast – Market Update 11/25
In this new episode, we talk about oil, and therefore about OPEC+, which is meeting again on Sunday. What is the status of the sanctions against Rosneft and Lukoil? What is Orbán doing in Moscow, and—on a completely different note—what is the "Grinwis penny"? Last week, Canada gave the green light for the […]