Daily Energy Report
US is losing oil market share to Russia in India, Saudi Arabia to extend the voluntary cut, China’s renewables vs Coal, EVs battery technology is still changing, EIA inventories, and more
Chart of the Day: A Chart the media will not show you.
Summary
Figure (1) above shows India’s imports from Russia and the US. It shows that since the Russian invasion of Ukraine (even before the G7/EU sanctions and price cap) India’s imports from Russia increased while its imports from the US decreased.