Latest news
Daily (07.01.2019): The entire energy complex in a bullish mood on Friday
Oil prices continued to gain momentum on Friday after China declared it would hold trade discussions with the United States. Moreover, China's services sector noticed an expansion in December, according to a survey.
read more... 07/01/2019
Reliance on coal makes Czechs Europe's fifth biggest CO2 polluters
Despite the latest UN report on climate change, which warns that global warming will be far greater than expected, surveys suggest Czechs don’t feel personally responsible for the problem.
read more... 12/12/2018
Daily (02.02.2018): German spot electricity price hiked by 19.1% on Thursday due to higher demand
Oil prices surged on Thursday after a survey showed that OPEC's commitment to its supply cuts is still in place, even if U.S. output hit 10 million barrels per day for the first time since 1970. Brent crude settled 0.9% higher at $69.65 per barrel. WTI crude ended at $65.8 per barrel, up 1.7%.
read more... 02/02/2018
Daily (02.08.2017): UK wholesale gas prices fell by 1.3% - 3% on Tuesday
Oil reversed to bearish on Tuesday, as OPEC production rose in July, according to Reuters survey, led by a further recovery in supply from Libya, one of the exempt producers. Nevertheless, U.S. inventory reports due on Tuesday and Wednesday are expected to show crude stocks fell, supporting the prices by the end of the week. Brent crude edged 1.65% lower at $51.78 a barrel, while WTI price decreased by 2% to close at $49.16 a barrel.
read more... 02/08/2017
Iraq’s Maysan Oil drills first well on Iranian border
Iraq’s state-owned Maysan Oil will survey the production of oil and gas at the Haifaya oil field, which was opened during a visit from the Oil Minister Jabrane Al-Luaibi.
read more... 11/07/2017