Latest news
.jpg)
EU countries rewrite plan to cut gas demand, seek carve-outs
European Union countries are seeking to soften the bloc's plan to require them to use less gas as Europe prepares for a winter of uncertain supplies from its main gas supplier Russia.
read more... 26/07/2022
Daily (25.07.2022): Crude oil dropped on Friday, weighed by increased worries about slowing global demand
Crude oil prices fell on Friday, weighed by worries about slowing global demand at a time when many countries are fighting inflation brought on by rising energy and food prices. Thus, Brent crude ended 0.6% lower at $103.20 a barrel. WTI crude diminished by 1.7% to settle at $94.70 per barrel.
read more... 25/07/2022
Daily (21.07.2022): EUAs experienced their largest daily decline in six weeks on Wednesday
On Wednesday, crude oil prices traded slightly down, as official US crude inventory data indicated low gasoline demand. Thus, Brent crude ended 0.4% lower at $106.92 a barrel, while WTI decreased by 4.2% to $99.88 a barrel.
read more... 21/07/2022
EU efforts insufficient to get through winter without Russian gas
Europe’s efforts to diversify suppliers will not be enough to get it through winter without Russian gas, the head of the International Energy Agency warned Monday (18 July), urging immediate efforts to cut demand.
read more... 20/07/2022
.png)
(Daily 15.07.2022): Oil prices fell to a one-month low due to weak demand
Oil prices fell on Thursday as investors are concentrated on the possibility of a significant rate hike in the United States later this month, which may reduce inflation but also dampen oil demand. Thus, Brent and WTI crude ended both 0.5% lower at $99.10 and $95.78 a barrel respectively.
read more... 15/07/2022