Crude oil prices rebounded after plummeting to their lowest levels in 15 months the previous day. However, fears over further contagion from the banking crisis continued to dominate crude trading. Hence, Brent crude rose by 82 cents, or 1.1%, to settle at $73.79 a barrel. U.S. WTI crude gained 90 cents, or 1.4%, at $67.64 on the eve of the contract's expiry.
read more... 21/03/2023
Crude oil prices declined on Friday, hovering to a near 13-month low driven by the recent US banking turmoil and expected US Fed rate hike. As a result, Brent oil and WTI crude both fell by 2.3% to trade at $72.97 a barrel and $66.74 a barrel, respectively.
read more... 20/03/2023
The European Commission plans to set up a Hydrogen Bank to support renewable hydrogen production in both the EU and internationally, it said on Thursday.
read more... 20/03/2023
Oil prices had a bearish evolution on Wednesday due to a crisis in the banking sector and amid worries about the broader economy. Consequently, Brent crude decreased by 4.8% to $73.69 a barrel and WTI oil closed 5.2% lower at $67.61 a barrel.
read more... 16/03/2023
In the wake of further monetary tightening, which triggered turbulence in the U.S. banking sector, oil prices ended sharply lower on Tuesday. Thus, Brent crude fell by 4% to $77.45 a barrel.
read more... 15/03/2023