Oil prices increased on Thursday, ending close to $100 a barrel amid uncertainty about potential disruptions in Russian oil supplies following Russia’s continued full-scale attack on Ukraine. Hence, Brent crude soared by 2.3% to settle at $99.08 a barrel. U.S. WTI crude rose by 0.8%, to settle at $92.81 a barrel.
read more... 25/02/2022
Spanish and Portugese officials called on Thursday for Europe to cooperate more closely on managing energy supplies after major producer Russia's invasion of Ukraine heightened fears of disruptions.
read more... 25/02/2022
Oil prices stagnated on Wednesday, as fears of losing Russian crude supply were offset by prospects of returning Iranian oil to the market. Hence, Brent oil closed unchanged at $96.84 a barrel. WTI crude, however, edged slightly higher at $92.10 a barrel.
read more... 24/02/2022
Italy would only have gas supplies to last a few weeks if Russia halted flows amid the escalating crisis in Ukraine, analysts told Montel this week.
read more... 24/02/2022
Oil prices continued to rise on Tuesday, with Brent crude marking its highest settlement price since 2014 after Russian troops entered eastern Ukraine, raising concerns of disruptions to supply from Europe’s main energy supplier. Hence, Brent crude increased by $1.52, or 1.5%, to settle at $96.84 a barrel. U.S. WTI crude rose by 0.4% to end at $91.91 a barrel.
read more... 23/02/2022