On Wednesday, oil prices rebounded, supported by a decline in US crude inventories and a more relaxed tone from the Federal Reserve. As a result, Brent crude ended at $74.26, and WTI crude settled at $69.47 per barrel, with both contracts recording gains of over 1%.
read more... 14/12/2023
EU ministers are likely to approve the prolonging of several emergency energy measures, including a gas price cap, by at least a year at a meeting next Tuesday, said a senior diplomatic source on Tuesday.
read more... 13/12/2023
On Monday, oil prices saw a modest increase as investors were cautious in anticipation of a week filled with market reports and decisions on monetary policy. As a result, Brent crude closed slightly above $76, while WTI crude ended at $71.32 per barrel.
read more... 12/12/2023
The European Union is poised to give its member states the power to halt gas imports from Russia and Belarus, the Financial Times reported on Friday.
read more... 11/12/2023
EU legislators on Friday (8 December) struck a political agreement on the final piece of the Union’s hydrogen policy, establishing a grid planning body that will gradually become independant from existing gas network operators.
read more... 11/12/2023