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Michael Rothman talks about oil market trends

Michael Rothman, Head of Integrated Oil Research at Cornerstone Analytics, discusses what to watch in the energy market

Source: CNBC.com

UPDATE 1-Australia no longer expects gas shortfall before 2030

MELBOURNE, June 22- Australia no longer faces a looming gas shortage, thanks to government pressure on exporters to divert the commodity into local markets and a reduced demand forecast for gas-fired power, according to estimates from the nation's energy market operator. That is starkly different from a year ago, when dire warnings from the body about...

Source: Reuters

European stocks open slightly higher ahead of OPEC meeting

European markets opened slightly higher Friday morning, amid ongoing tensions in the energy market ahead of an OPEC meeting that could expand crude production.

Source: CNBC.com

UPDATE 1-EU opens investigation into Qatar's long-term LNG contracts

BRUSSELS, June 21- The European Commission on Thursday said it had opened an investigation into the free flow of LNG sold by Qatar Petroleum in Europe. "Such clauses may harm competition and prevent consumers from enjoying the benefits of an integrated European energy market," EU Competition Commissioner Margrethe Vestager said in a statement.

Source: Reuters