WTI crude prices increased 2% on Monday, spurred by a hike in U.S. gasoline and Russia’s disposition to meet other major oil producers to discuss the market. Higher stock prices on Wall Street and a weaker dollar added further support to oil and other dollar-denominated commodities. U.S. crude firmed by 72 cents, or 1.6 percent, to close at $46.26 a barrel. Brent boosted $1.20, or 2.4 percent, to settle at $49.95 a barrel.
read more... 06/10/2015
Ukraine has collected 15.8 billion cubic metres (bcm) of gas in underground storage as of Monday, ten days before the heating season, as stated by gas transport monopoly Ukrtransgaz.
read more... 06/10/2015
Fluxys affiliate Fluxys Belgium and Creos Luxembourg are delighted to announce that they have fruitfully launched the first ever gas market integration between two European Union Member States, specifically Luxembourg and Belgium.
read more... 05/10/2015
Russian Energy Minister Alexander Novak made known on Saturday that the reduced price Ukraine would pay for Russian gas supplies in the fourth quarter would be approximately $230 per thousand cubic metres, plus or minus $2 or $3.
read more... 05/10/2015
BASF has exchanged assets with Gazprom which will give the German firm access to Western Siberia projects while the Russian company will obtain gas storage facility in Europe.
read more... 02/10/2015