German households stock up on electric heaters¹
Germany’s north benefits from wind resources
France appeals for grid-to-grid support ($FT)
Droughts and hydropower reliability ($WSJ)
Boreal forests and a warming climate ($FT)
HEDGE FUNDS and other money managers increased short positions in NYMEX WTI futures and options by +2 million bbl to 44 million bbl in the week to September 6, among the largest number of short positions since Russia’s invasion of Ukraine in late February. Bearish sentiment has been gradually building since the start of June as the economy slows under the combined impact of supply chain problems, inflation and rising interest rates:
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