U.S. LNG exports and impact on domestic prices (EIA)
OPEC⁺ expected to leave output unchanged (Bloomberg)
Greenhouse effect’s intellectual history (Conversation)
Mining as limiting factor for energy transition (Reuters)
Asia coal imports rebound in 2023 (Reuters)
China/Russia gas pipeline negotiations (FT)
U.S. airlines report more near-misses (WSJ)
U.S./China cyber-espionage (Reuters)
(see also joint statement by Five Eyes)
U.S. PETROLEUM INVENTORIES including the strategic reserve depleted by -12 million barrels in the seven days ending on May 19 to the lowest seasonal level since 2004. There was a major drawdown in commercial crude stocks (-12 million barrels) with smaller draws in gasoline (-2 million) and distillate fuel oil (-0.5 million) but a small build in jet fuel (+1 million). Commercial crude stocks are in line with the prior ten-year seasonal average (+0.01 standard deviations) but there are substantial deficits in gasoline (-1.20 standard deviations) and distillates (-1.45 standard deviations):
JKempEnergy.com 