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Daily (16.01.2019): Brent crude jumped by 2.8% on Tuesday due to China’s potential fiscal stimulus

Oil prices jumped on Tuesday as China plans to implement fiscal measures aimed at stabilizing country’s slowing economy. Moreover, output cuts by OPEC and Russia also boosted prices. Brent crude rose by 2.8% to 60.64 USD/bbl, while WTI crude was up by 3.2% settling at 52.11 USD/bbl

read more... 16/01/2019

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Russia’s Looks To Build ‘LNG Island’ To Supply Booming Asian Market

While Russia’s gas giant Gazprom is working to complete the Power of Siberia gas pipeline expected to begin delivering gas to China in December 2019, another Russian company—the country’s biggest liquefied natural gas (LNG) producer Novatek—is looking to boost LNG supply to the growing Asian market.

read more... 16/01/2019

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Importers hike the price of Russian gas in Romania

WIEE, a company that imports Russian natural gas to Romania, notified its customers about a 2% price hike effective January 1, 2019, local Economica.net reported.

read more... 15/01/2019

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Russia’s coal exports, production hit 5-year high in 2018

Russia’s production and exports of coal hit last year their highest levels since 2013, according to Platts estimates of data from Russia’s Energy Ministry.

read more... 14/01/2019

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Novatek signs MoU with Saibu for cooperation in Japan

Russian natural gas producer Novatek has signed a memorandum of understanding (MoU) with Japanese gas distribution company Saibu Gas concerning liquefied natural gas (LNG) cooperation in Japan, Kallanish Energy reports.

read more... 04/01/2019

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