Europe
Iraq ready to increase oil exports to Europe if asked - Iraqi media
An Iraqi delegation plans to travel to Germany for talks on oil exports. Iraq recently received requests from India and China to increase its oil supply.
Europe
Europe
Britons don't plan to turn on the heating this winter - Savanta ComRes poll
23% of Britons have decided not to turn on the heating this winter, 69% plan to turn it down, and 11% are thinking about taking out a loan to pay their energy bills. The NYT analysts estimate that household energy bills in Great Britain will rise by 80%. Because of
Europe
Germany's gas storage capacity is 80.14 percent full - German Federal Network Agency report
"Gas supplies in Germany are currently stable, but the situation is tense and further deterioration cannot be ruled out," the agency said. However, the storage situation in the EU is developing more positively than a year ago. The level of gas storages in Europe has now reached the
Europe
Consumer confidence in the UK has fallen below 2008 levels - Bloomberg
The reason is the rising cost of electricity and food. Electricity accounts for about 12 percent of household spending in Britain. And food prices have jumped because of higher fertilizer and energy costs. At the same time, business and manufacturing activity indices are falling sharply in Britain.
Europe
The price of gas in Europe could reach $5,000 in a cold winter - a TASS poll
Gazprom's analysts had previously forecast $4,000 per thousand cubic meters. Gas prices in Europe have already increased fivefold since the beginning of the year. Such gas prices will accelerate inflation in the EU, as well as lead to higher prices of other energy carriers. In this case,
Europe
Production cuts in Europe and Asia fuel fear of global recession, Bloomberg
Today Germany and Great Britain released data on manufacturing activity, which have been falling for two months in a row. Production is also falling in Asia due to a spike in Covid disease and the energy crisis caused by the drought. The picture is even gloomier with many central banks
Europe
LNG tankers to double in price - WSJ
The cost of renting a LNG tanker will rise to $105,000 a day in September, up from $64,000 in August. The reason: the energy crisis in Europe and the EU's desire to fill LNG storage facilities. At the same time, the price of gas has broken
Finance
Water level in Germany's main river rises above critical - making it easier to deliver fuel
In this case, the delivery of fuel to Europe will increase, which will probably lead to lower energy prices. Recall that due to the record-breaking heat wave in Europe, the Rhine has become very shallow. As a result, oil and coal shipments along the river have been severely reduced, which
Europe
Court approves decades-old lawsuit against Apple - Reuters
A federal judge in California found Apple guilty in a case of defrauding more than 15,000 employees. The plaintiffs alleged that they had to go through security checks after their shifts ended. Security checks, under U.S. law, must be paid as overtime. Apple, on the other hand, refused
Europe
Half of Europeans blame the government for rising energy prices, El Mundo poll
Half of Europeans blame their governments and energy companies, not Russia, for rising energy prices, the Spanish newspaper Mundo reported. 45% of respondents "strongly" feel the impact of rising energy prices. Also, 56% of respondents were "seriously" concerned about the growth. The survey was conducted in
Finance
Britons have been advised to wash for a minute less to eliminate water shortages, - TASS, citing The Sunday Times
Under a government program, every British resident must reduce his or her daily water consumption by a quarter by 2050, from 145 liters a day to 110 liters a day. Experts predict that in 25 years the kingdom will need an additional 4 billion liters of water per day to
Finance
Currency pairs rise in price on the Moscow Exchange
The euro adds nearly 3% to the ruble. However, it is worth noting: the ruble exchange rate on the Moscow Exchange is very volatile. Today's rise in the currency does not necessarily mean a trend reversal.