Gazprom Neft CEO: OPEC+ will take action if global oil market faces shortages in fourth quarter.

Gazprom Neft CEO: The company has increased oil refining.

Gazprom Neft CEO: The company will ensure that investments in 2023 are consistent with 2022.

Gazprom Neft CEO: We have submitted proposals to the energy sector to resolve fuel shortages.

Gazprom Neft CEO: The global oil market is balanced and oil prices are at a fair level.

Gazprom Neft CEO: Proposed ban on export taxes on petroleum products may only help solve fuel shortages in the short term.

The annual rate of construction industry output in the Eurozone in July was 1%, compared with -0.30% in the previous month.

Society of Motor Manufacturers and Traders (SMMT): Consumers switching to electric vehicles require "clear, consistent messaging" from the government; confusion and uncertainty will only hinder their development.

According to Interfax: Armenians in Karabakh will meet with Azerbaijani authorities on September 21.

According to the Interfax news agency: Armenians in the Karabakh region agree with Azerbaijan’s demands for a halt to fighting and disarmament.

U.S. and Burundi oil prices both fell by US$0.3 in the short term, now trading at US$88.92/barrel and US$92.03/barrel respectively.

Market news: Total Energy will invest $300 million in a joint venture with Adani’s green energy unit.

Chevron: Meaningful negotiations are underway to reach an enterprise agreement with market competitive pay and conditions, however unions continue to demand terms well above market levels.

European natural gas prices fell as much as 3% due to the recovery of the Troll gas field.

Chevron: No agreement has yet been reached with the union following further conciliation meetings with the Fair Work Commission this week.

Ford Motor (FN): Believes that policy focus should be on strengthening electric vehicles.

Market News: The EU has received new court support in its fight against Belgian tax benefits.

Danish Bank: Overall inflation is expected to fall to 3.8% in 2023, 3.0% in 2024 and 2.6% in 2025.

Danish Bank: We believe that raising interest rates will lead to a slowdown in economic activity and lower inflation.

Spanish Secretary of State for Energy Agagesen: By 2023, for the first time, Spain will achieve more than half of its electricity generation from renewable energy sources.