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Tuesday, November 16, 2021

#Trafigura chief asks Where’s the #Gas? Where’s the #Oil?

Europe is not storing enough gas to get it through a cold winter, leading Trafigura chief to warn of rolling power outages in Europe this winter. 

As for Oil, "We are not seeing the replacement of reserves. Oil has gone from a 15-year reserve life to a 10-year reserve life in a short period of time," he said.

See the full article on the Financial Times here:  https://on.ft.com/3HCuemX



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