Brent crude increased to about $110 a barrel on Wednesday on escalating tensions in Ukraine, while WTI crude prices remained almost unchanged after a publication of a report showing a strong increase in stockpiles, which attenuated geopolitical worries.
read more... 17/04/2014
Slovakia is the Ukraine’s main hope to receive gas from Europe in case of Kremlin’s supply cut. The country could reopen a small pipeline, but stopped short of consenting to reverse the flow of important connections that provide EU with Russian gas.
read more... 16/04/2014
The construction of the Finnish-Russian nuclear reactor in western Finland will not be harmed as a result of international sanctions instituted over the Ukraine crisis, as stated on Tuesday by a Rosatom manager.
read more... 16/04/2014
European benchmark, Brent crude posted a modest gain on Tuesday on news that a civil war is close to trigger in Ukraine. However the gains were curbed by forecasts of a resumption of oil exports from Libya.
read more... 16/04/2014
Brent crude oil boosted more than $1.50 on Monday as violence intensified in Ukraine and as Western powers decided to expand sanctions against Russia, while U.S. crude posted a modest gain on positive retail sales figures that gave assign that U.S. economy is rebounding.
read more... 15/04/2014