Oil prices ended higher on Monday, influenced by improving economic prospects in China and heightened geopolitical tensions following new drone strikes on Russian refineries over the weekend. Brent crude increased by 2% at $86.89 a barrel, while WTI Crude rose by 2% to $82.72 a barrel.
read more... 19/03/2024
Oil prices rose sharply on Wednesday, boosted by strikes on Russian refineries and a larger-than-expected drop in US crude and gasoline inventories. As a result, the Brent crude oil stood slightly above $84 a barrel, while WTI crude settled at $79.72 a barrel.
read more... 14/03/2024
Germany’s levy on cross-border gas trading puts the EU’s energy solidarity at risk and hurts efforts to cut the bloc’s reliance on Russian gas, the bloc’s energy commissioner and deputy Czech PM told reporters on Monday (4 March) following a meeting of EU energy ministers.
read more... 06/03/2024
A broad coalition of members of the European Parliament has written to the leaders of EU institutions urging them to ban all Russian energy from Europe, including pipeline gas and LNG.
read more... 04/03/2024
Lithuania will call for urgent legal actions to stop Russian LNG imports to the EU at an energy ministers' council meeting on Monday, a senior EU diplomatic source said on Thursday.
read more... 01/03/2024