[MUST READ] Sanctions and a long conflict
[MUST READ] Wars and settlements ($BBG)
SPR sale – formal announcement and details
France’s electricity grid calls for conservation
China to buy Russia LNG via middlemen ($BBG)
Australia’s export earnings boosted by conflict
EU/Russia standoff over gas payments
U.S. jet fuel prices surge on East Coast
Aviation recovery at risk from fuel prices ($FT)
Sri Lanka leader imposes state of emergency
United Kingdom takes Russian diesel delivery
U.S. MANUFACTURERS reported a less-widespread increase in business activity last month. The ISM composite index fell to 57.1 in March from 58.6 in February and the lowest reading since Sep 2020 as the expansion decelerates. There was also a sharp deceleration in new orders growth in March. The ISM new orders index slipped to 53.8 from 61.7 the month before, consistent with a slowdown in the business cycle ahead:
To receive best in energy and my research notes by email every day, you can add your email to the circulation list here: https://eepurl.com/dxTcl1
JKempEnergy.com 