Oil Prices Slide Despite Supply Disruption

Oil prices fell on Tuesday morning as fears grew that Asian demand would not recover as quickly as originally expected. Supply disruptions from Hurricane Ida were not significant enough to counter this bearish news. Energy Market Chart of the Week - Europe is struggling to contain a double whammy of high natural gas and electricity prices, just as it had been bouncing back from a prolonged slump, Bloomberg reports. - The gas replenishment rate in Europe’s gas storage sites has continued to slow down, standing only 69% full (a 10-year…