22/10/2025 – Russia-China: daily gas supplies via Power of Siberia set new records – Read the other news
GAS & POWER: On 16 October, Gazprom set a new record for daily gas supplies to China via Power of Siberia, exceeding its long-term contractual obligations with CNPC. This is the fourth time since deliveries began in earnest on 1 December last year. The pipeline has a nominal capacity of 38 billion cubic metres per year, which is expected to increase to 44 billion cubic metres in the coming years following recent agreements between the two countries.
OIL: An update on US crude oil stocks is expected today, with the API forecast showing a decline of around 3 million barrels. On the subject of strategic reserves, the US government has announced its intention to purchase one million barrels, taking advantage of the recent fall in prices.
OIL: An update on US crude oil stocks is expected today, with the API forecast showing a decline of around 3 million barrels. On the subject of strategic reserves, the US government has announced its intention to purchase one million barrels, taking advantage of the recent fall in prices.
