Crude oil saw an upwards adjustment on Monday despite worsening coronavirus situation in Asia, with the market still hoping of a demand recovery. Hence, Brent crude increased by 1.1% to settle at $69.46 a barrel. U.S. WTI crude ended at $ 66.27 a barrel, notching a 1.4% gain day-on-day.
read more... 18/05/2021
Oil prices slumped on Thursday, retreating from 2-month highs amid deepening India’s coronavirus crisis and the resumption of a key U.S. fuel pipeline. Hence, Brent crude dropped by 3.3% to settle at $67.05 a barrel. Meanwhile, U.S. WTI crude shed by 3.4% to $63.82 a barrel.
read more... 14/05/2021
Britain wants to broker a global agreement to stop the cross-border financing of coal projects when it hosts a major climate conference in November, a senior government minister said on Friday.
read more... 14/05/2021
Norwegian oil company Equinor and Italian rival Eni plan to collaborate on development of floating wind farms in the North Sea as part of their expansion within renewable energy production, the companies said on Thursday.
read more... 07/05/2021
The largest LNG vessel ever to load in the US departed Cheniere Energy's Sabine Pass export terminal in Louisiana on April 29, a company spokeswoman said.
read more... 30/04/2021