Dan Pickering of Pickering Energy Partners discusses the outlook for the energy sector and says until there is “some meaningful demand contraction,” prices will be fairly high.
Dan Pickering of Pickering Energy Partners discusses the outlook for the energy sector and says until there is “some meaningful demand contraction,” prices will be fairly high.
Lower capitalized values in distribution is also painful for oil industry . In correspond to higher cost of capital
The Biden administration is happy for Europe and RoW to suffer high energy costs because we have such a dependency on Russia oil and gas. They can prolong the Ukraine war because it sees other economies suffer and whilst they don’t have a dependency on Russia plenty of other countries do but have to sustain self harming sanctions.