Oil prices increased on Friday, impacted by a potential European Union ban on Russian oil and the possibility of China loosening some COVID restrictions. As such, Brent crude settled 4.1% higher at $98.57 a barrel, while WTI crude soared by 5% to $92.61 per barrel.
read more... 07/11/2022
The Group of Seven rich nations and Australia have agreed to set a fixed price when they finalize a price cap on Russian oil later this month, rather than adopting a floating rate, sources said on Thursday.
read more... 04/11/2022
A €3.4 billion (£2.9bn) scheme to support energy-intensive companies in Denmark in the context of Russia’s war against Ukraine has been granted approval by the European Commission.
read more... 03/11/2022
Germany, racing to end its reliance on Russian gas, plans to introduce new regulation that will make it possible to expropriate property to link offshore liquid natural gas terminals to the grid, Handeslblatt reported.
read more... 02/11/2022
A state-appointed commissioner gave the green light Tuesday to a contested new liquefied natural gas (LNG) terminal considered crucial to Italy's plan to wean itself off Russian gas.
read more... 27/10/2022