Europe’s gas supply gets lucky with warm winter ($BBG)
IEA forecasts global oil use to rise +1.9 million b/d
France electric grid cites improved reserve margin
Texas needs more progress on electricity reliability
Europe’s coal prices slump in competition with gas
U.S. airlines report strong passenger demand ($FT)
LONDON’s Heathrow airport handled 109,151 metric tonnes of air cargo in December 2022 down by -14% compared with 127,188 metric tonnes in December 2021. Air freight volumes are slackening as the global manufacturing sector enters a downturn, with the United Kingdom one of the hardest-hit economies:

