Russia boosted natural gas supplies to Germany by almost 50 percent in the second quarter, while Russia struggled with weaker demand from its former Soviet allies.
Gazprom PJSC’s deliveries to Germany jumped to 11.7 billion cubic meters compared with 7.8 billion a year earlier, the highest quarterly level since at least 2010. Source Bloomberg
If Theresa May wanted proof she is running out of friends in Europe, she need only have ventured to the Roy d’Espagne brasserie in Brussels late last night. For while the Prime Minister dined alone after another summit mauling, Angela Merkel, Emmanuel Macron and the rest of their European chums were drinking the night away and enjoying the city’s famous beers. Source The Telegraph
President Donald Trump says it “certainly looks” as though missing Saudi journalist Jamal Khashoggi is dead. Trump did not say Thursday what he based his conclusion on. But he says the consequences for the Saudis “will have to be very severe” if they are found to have killed him. Trump has previously warned that the kingdom will face “severe punishment” from the U.S. if it is determined that Saudi Arabia was responsible for Khashoggi’s death. Khashoggi hasn’t been seen since entering the Saudi consulate in Istanbul more than two weeks ago. Turkish authorities say he was killed and dismembered. The Saudis have denied involvement. Source AP News
An unprecedented volume of Iranian crude oil is set to arrive at China’s northeast Dalian port this month and in early November before U.S. sanctions on Iran take effect, according to an Iranian shipping source and data on Refinitiv Eikon. “As our leaders have said it will be impossible to stop Iran from selling its oil. We have various ways of selling our oil and when the tankers reach Dalian, we will decide whether to sell it to other buyers or to China,” Source Reuters
