“Hurtling Toward the Wall” – Oil/Gas Crisis Not Over
7 Articles
7 Articles
TotalEnergies CEO: Energy Markets Will Take Months To Rebalance With Ongoing Hormuz Shipping Risks
Global energy markets may take as many as four months to rebalance, with gasoline and diesel inventories still constrained by shipping worries in the Strait of Hormuz, TotalEnergies SE Chief Executive Patrick Pouyanné
"All sources of energy are precise," said Total, since, in periods of high heat, the wind almost does not blow and, therefore, it is not possible to generate electricity with wind. When the temperature rises too much, the yield of photovoltaic power plants decreases slightly
A guest of Aix-en-Provence's economic meetings, Patrick Pouyanné warned that it would take a little time before a return to normal.
Invited to Aix-en-Provence's economic meetings, Patrick Pouyanné explained why oil prices were taking time to go down, despite the end of the Middle East conflict.
“Hurtling Toward the Wall” – Oil/Gas Crisis not Over
https://www.youtube.com/watch?v=rnAgMMP1hu8 It's incredible the inertia of even the relatively sane, fact based media, to keep ignoring the continuing deficits owing to the Hormuz closure, and act like every thing is back to normal. Not so, according to the expert interviewed by Bloomberg.
News of the Day and the Hour Latest News of the day The CEO of TotalEnergys, Patrick Pouyanné, estimates that the oil market is still going to take "three or four months" to adjust despite the reopening of the Strait of Ormuz, in fact partial, in the face of the imbalances that have been generated. Pouyanné, who participated in the Economic Meetings of Aix in Provence, in southeast France, explained that on the one hand the countries producing …
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