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EC aims to ban Russian crude imports within 6 months
The European Commission will propose to end Russian crude oil imports to the EU within six months and refined products by the end of the year, its president Ursula von der Leyen said on Wednesday.
read more... 05/05/2022
Daily (03.05.2022): European carbon prices decreased by 1.7% on Monday as compliance interest wane
Crude oil prices diverged on Monday, with Brent crude declining by 1.6% at $107.58 a barrel as concerns of slowing economic growth in China outweighed fears of a potential supply cut from a looming EU-wide ban on Russian oil. In contrast, US WTI crude futures rose by 0.5% to settle at $105.17 a barrel, tracking the rally in the diesel market.
read more... 03/05/2022
Daily (02.05.2022): NBP gas prices slumped on Friday due to reduced concerns over Russian gas supply
Oil prices varied on Friday, on worries about weak economic growth in China, the world's top oil importer as well as fears of potential supply in case of a potential European Union ban on Russian crude.
read more... 02/05/2022
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EU inches forward on Russian oil ban as Germany, Hungary soften opposition
The two main opponents to a ban on Russian oil imports, Germany and Hungary, have softened their opposition to the move. EURACTIV looks at the options on the table and the state of play.
read more... 28/04/2022
Daily (27.04.2022): British gas price surged on Tuesday amid news that Russia will suspend gas flows to Poland
Crude oil prices rebounded on Tuesday a pledge of China’s central bank to boost liquidity in financial markets, which helped soothe concerns about the impact of a resurgent Covid-19 that had led to another lockdown. Hence, Brent crude increased by $2.67, or 2.6%, to settle at $104.99 a barrel. U.S. WTI crude soared by $3.16, or 3.2%, at $101.70.
read more... 27/04/2022