Oil prices rose on Friday, supported by expectations for rising demand from China. On the other side, the increase in inventories and U.S. - Sino trade tensions capped further gains, with Brent crude price trading 0.6% higher at $79.78 a barrel. Meanwhile, WTI crude futures soared by 0.7% to $69.12 a barrel.
read more... 22/10/2018
The European Commission is supporting a floating wind farm in Portugal with a €60 million (£53m) loan.
read more... 22/10/2018
Oil crude prices fell on Thursday following data revealing ample U.S. crude inventories. Brent crude futures dropped by 1% to close at $79.29 a barrel, while the U.S. West Texas Intermediate (WTI) crude futures declined by 1.6% to trade at $68.65 a barrel.
read more... 19/10/2018
Poland's main gas company says it has signed a long-term contract for the purchase of some 40 million tons of liquefied natural gas from a U.S.-based producer in the first such deal in Central and Eastern Europe.
read more... 18/10/2018
Oil prices increased on Monday, backed by geopolitical tensions after the disappearance of a Saudi journalist, fueling supply worries from the world’s top crude exporter. The price increase was tempered nonetheless by long-term demand concerns. Therefore, Brent crude price rose by 0.4% to settle at $80.78 a barrel.
read more... 16/10/2018