![]() ![]() Though Russian oil is still getting to market, it is at different costs, as ships must travel longer distances to get the crude to countries that have not imposed sanctions, said Chevron CEO Mike Wirth. On Tuesday, the Kremlin said it did not recognize the price cap. On Feb.5, the G7 and allies also implemented a price cap on Russian fuel sales. The Group of Seven countries, the European Union and Australia implemented the price cap on seaborne cargoes of Russian oil on Dec. energy envoy Amos Hochstein said the price cap - designed to reduce Russian revenues without slowing its exports - was working well, as Russian oil was still finding its way to market. Tight spare capacity makes it critical for governments sanctioning Moscow for the invasion of Ukraine to put a price cap on Russian oil instead of capping the country's ability to export crude, said Frederic Lasserre, Gunvor's global head of research and analysis. "And things actually could get worse before they get better."Īlgeria, a member of the Organization of the Petroleum Exporting Countries, is in the process of investing $40 million in upstream business to satisfy demand, especially demand in Europe, said Mohamed Arkab, the country's minister of energy and mines. "We may have gotten through this winter surprisingly well, but I don't think we're out of the woods yet," said Michael LaMotte, a senior managing director at investment bank Guggenheim Securities. energy executives and top OPEC officials discussed concerns about a lack of spare oil production capacity at a private dinner on the sidelines of the conference, an executive who attended said. Tighter global crude supplies are also possible after the Kremlin's threat last month to cut 500,000 barrels per day (bpd) of supply from March. Opedal predicted natural gas supply uncertainty faced by Europe since Russia invaded Ukraine and cut off regional supplies will continue in 2024 and likely 2025. "It is easy for the market to move in either direction." "There is very small spare capacity available so small changes in supply have impact," said Anders Opedal, Chief executive of Norwegian energy giant Equinor (EQNR.OL). ![]() A temperate winter helped by giving major consumers in Europe a reprieve from typically high demand for heating fuels. The comments at the CERAWeek energy conference in Houston show the industry remains on edge after weathering the initial aftermath of one of the biggest shocks to global energy flows in recent memory. ESPN no longer adds in streaming viewership tracked by other measurement companies.HOUSTON, March 7 (Reuters) - Executives and officials from some of the world's top oil and gas companies said on Tuesday energy markets are balanced now, but could easily be disrupted due to tight spare production capacity and supply uncertainties related to Russia's war in Ukraine. The Nielsen reported audience for these games was 7.4 and 7.6 million. * The 2016 Giants-Mets and 2015 Astros-Yankees Wild Card games, both of which aired on ESPN, averaged 7.71 and 7.73 million viewers respectively when including additional streaming data not tracked by Nielsen. Locally, Boston turned in a 19.8 rating and New York an 11.2. The top non-sports program in each demo was not particularly close - NBC’s “The Voice” ranked second in 18-49 (0.9) and ABC’s “Bachelor in Paradise” ranked second in 18-34 (0.7). ![]() It was television’s most-watched program and its top rated in adults 18-49 (2.0) and 18-34 (1.5). It also outdrew every NBA playoff game prior to the NBA Finals, including the Bucks-Nets Game 7 in the second round (6.91M). Notably, Tuesday’s game outdrew all-but-one game of last year’s MLB Postseason, trailing only the Braves-Dodgers NLCS Game 7 that aired on both FOX and FS1 and benefited from an NFL lead-in (9.66M). The top game of that series averaged 7.15 million.Īs one would undoubtedly expect, viewership was nowhere close to the previous winner-take-all games between the Yankees and Red Sox - their back-to-back Game 7s in the 20 ALCS averaged a whopping 27.49 and 31.46 million, respectively, on FOX.įor the season, Yankees-Red Sox trails only the MLB All-Star Game as the most-watched baseball broadcast of the year, ranking not far behind the Midsummer Classic (8.24M). Yankees-Red Sox outdrew all four games of the 2018 ALDS between the same two teams, a fairly forgettable four-game affair that aired on TBS. No game of last year’s expanded Wild Card series averaged more than 2.6 million. ![]() Ratings soared 61% and viewership 69% from the last standalone AL Wild Card Game in 2019 (Rays-A’s: 2.8, 4.54M). ![]()
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