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Daily (27.07.2022): NBP gas prices rose significantly as a result of the EU's decision to reduce gas demand by 15%
Oil prices decreased on Tuesday as investors worried about dwindling consumer confidence and prepared for the release of an additional 20 million barrels of crude oil from the US Strategic Petroleum Reserve. As such, WTI crude diminished by 1.8% to settle at $94.98 per barrel. At the same time, Brent crude ended 0.7% down at $104.40 a barrel.
read more... 27/07/2022
(Daily 13.07.2022): Crude oil fell on Tuesday to trade below $100 due to a strengthening dollar and COVID-19 restrictions in China
Crude oil fell on Tuesday to trade below $100 per barrel due to a strengthening dollar, COVID-19 restrictions in China, the world's largest petroleum importer, and growing concerns about a recession in the global economy. Thus, Brent crude ended 7.1% lower at $99.49 a barrel, while WTI fell by 7.9% to $95.84 per barrel.
read more... 13/07/2022
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TotalEnergies to give fuel discounts at French motorways stations
TotalEnergies, under pressure from the French government to do more to help consumers tackle higher energy costs, on Thursday announced discounts on pump prices at French motorway petrol stations.
read more... 30/06/2022
(Daily 17.05.2022): Oil and gas on an upward trend
Continued concerns over a potential EU ban on Russian petroleum exports lent support to crude prices. Thus, Brent crude increased by 2.4% to $114.24 a barrel on Monday.
read more... 17/05/2022
(Daily 16.05.2022): NBP spot price rose by around 33% due to weaker LNG send-out
Concerns over a potential EU ban on Russian petroleum exports lent support to crude prices. Thus, Brent crude increased by 3.8% to $111.55 a barrel on Friday.
read more... 16/05/2022