Energy ministers from OPEC+ countries study the effect on oil markets of the new Omicron variant of the coronavirus, but have no intention of taking hasty decisions, Russian Deputy Prime Minister Alexander Novak said.
Figures from the first 10 months of 2021 show China, Japan, South Korea and India – the four largest Asian consumers of liquefied natural gas—have boosted their imports of LNG by 11 % (to 253.7 billion cu.m.), according to data from Refinitiv. In Europe, LNG imports over the same period dropped 13% (to 87.8 billion cu. m).
Barclays raised its forecast for average 2022 Brent crude prices to $80 a barrel against the background of rapid reductions in stocks and a slow rise in supply.