Crude oil prices decreased on Monday following last week’s bank collapse in the US, which caused an overall sentiment of concern on the global financial markets. Hence, Brent crude declined by $2.01, or 2.4%, to $80.77 per barrel. Meanwhile, WTI crude dropped by $1.88, or 2.5%, to settle at $74.80 per barrel.
read more... 14/03/2023
The EU has banned Russian nationals and companies from booking capacity in the bloc's natural gas storage facilities in its latest sanctions to pressure Russia to end its war in Ukraine.
read more... 01/03/2023
Oil prices slipped on Monday amid slowing demand and expectations that central banks will further tighten their monetary policy. Consequently, Brent crude edged lower by 0.8% to $82.45 a barrel and WTI oil ended 0.8% down at $75.68 a barrel.
read more... 28/02/2023
On Wednesday, concerns about global growth escalated due to expectations of more aggressive interest rate increases by central banks, which have put further pressure on crude oil prices leading to a two-week low. As a result, Brent crude oil dropped by 3%, to settle at $80.60 per barrel.
read more... 23/02/2023
Large energy companies and financial institutions in Spain have paid €1.45 billion in a first instalment of two extraordinary taxes imposed by the government on both sectors, Finance Minister María Jesús Montero explained on Tuesday.
read more... 22/02/2023