Latest news

Daily (21.05.2018): NBP spot gas price fell by 2.9% on Friday due to warmer weather forecasts

Oil prices fell on Friday as Saudi Arabia made assurances on supply. Brent crude dropped 0.79 cents, or 1%, to close at $78.51 a barrel. WTI futures edged $0.21, or 0.3% down at $71.28 a barrel.

read more... 21/05/2018


Daily (20.04.2018): UK spot gas price surged by 4.5% on expectations of lower flows from Norway

Oil prices continued their bullish trend on Thursday, being backed by steady drawdowns in global supply and Saudi Arabia’s wish to rise more the prices.

read more... 20/04/2018


Daily (19.04.2018): WTI crude jumped by 3% on Wednesday to hit a peak since late 2014

Oil prices jumped on Wednesday due to a decline in U.S. crude inventories and after sources announced that top exporter Saudi Arabia wishes to see the oil price close to $100 a barrel. Brent crude added $1.90, or 2.7 percent, to end at $73.48 a barrel. WTI futures were $1.95, or 2.9 percent, up at $68.47 a barrel, their highest level since late 2014.

read more... 19/04/2018


Daily (12.04.2018): WTI crude jumped by 2% to reach new peak on Wednesday

Oil prices hiked on Wednesday, reaching a new high after Saudi Arabia announced it intercepted missiles over Riyadh and U.S. President Donald Trump averted Russia of forthcoming military movement. Brent added $1.02, or 1.4%, to close at $72.06 a barrel. WTI futures rose by 2% to end at $66.82 a barrel.

read more... 12/04/2018


Saudi Arabia to build world's largest solar plant

Crown Prince of Saudi Arabia Mohammed bin Salman and Masayoshi Son, chairman and CEO of SoftBank Group Corp, signed a solar power project accord.

read more... 05/04/2018