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Equinor Warns of $1.5 Trillion Margin Calls: Energy Update.

Source :
Bloomberg.com; 9/6/2022, p1-1, 1p
Publication Year :
2022

Abstract

$1.5 Trillion Margins Calls Risk Energy Trade (10:25 a.m.) European energy trading risks grinding to a halt unless governments extend liquidity to cover margin calls of at least $1.5 trillion, according to Norway's Equinor ASA. Keywords: 0629846DBB; CNA@LN; EQNR@NO; FORTUM@FH; INSE@LN; SHEL@LN; SLDZ@FH; UCG@IM; UN01@GR; ALLTOP; BUSINESS; CMD; COS; EUROPE; GEN; GER; GOV; INDUSTRIES; MARKETS; NRG; UK; UTI; WORLD; WWTOP EN 0629846DBB CNA@LN EQNR@NO FORTUM@FH INSE@LN SHEL@LN SLDZ@FH UCG@IM UN01@GR ALLTOP BUSINESS CMD COS EUROPE GEN GER GOV INDUSTRIES MARKETS NRG UK UTI WORLD WWTOP Switzerland and Finland joined Germany in offering credit facilities to energy companies as the worsening supply crunch and surging prices threaten to create financial havoc in Europe. Russian Gas-Price Cap on the Agenda (10:42 a.m.) EU energy ministers this week may decide to set a limit on the price of Russian natural gas, Spanish Environmental Transition Minister Teresa Ribera said. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
158949944