The Four Key Reasons Why The US Will Never Stop Targeting Russia’s LNG Sector | ZeroHedge

Authored by Simon Watkins via OilPrice.com,

  • LNG has become the most important swing energy source in an increasingly insecure world.
  • Energy exports remain the foundation stone of Russia’s essentially petro-economy.
  • Russia's LNG industry is closely associated in Russia with President Vladimir Putin personally.

Perhaps even more than its targeting of Russian oil exports, the U.S. has been laser-focused on its liquefied natural gas (LNG) sector as they key area (more…)

Continue ReadingThe Four Key Reasons Why The US Will Never Stop Targeting Russia’s LNG Sector | ZeroHedge

WTI Extends Losses After API Reports Unexpected Crude Build | ZeroHedge

WTI ended April on a down-note (closing lower on the month, as opposed to Brent which saw its fourth straight monthly gain) as hopes for cease-fire talks between Israel and Hamas dampened fears of a wider conflict that could threaten crude supplies.

The recent declines come as a "relief to both central bankers and consumers alike," Stephen Innes, managing partner at SPI Asset Management, told MarketWatch.

There's been a notable decrease in speculation about the (more…)

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EU Prepares To Tighten Screws On Russian LNG Imports | ZeroHedge

By Julianne Geiger of OilPrice.com

In a move that could reshape Europe's energy landscape, the European Commission is poised to propose new sanctions targeting Russian liquefied natural gas (LNG) imports.

According to Reuters sources close to the matter, the proposed measures will include a ban on shipments within the EU and sanctions on three Russian LNG projects.

The European Commission's decision comes amid growing concerns over Europe's reliance on (more…)

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