Latest news
Daily: British gas prices down on an oversupplied system
Brent crude oil futures fell on Wednesday below $110 per barrel on reports that some Libyan oil exports might soon start again, while the Seaway crude oil pipeline had close, halting shipments from the U.S. Midwest to the Gulf Coast.
read more... 22/08/2013
Gazprom’s gas deliveries to Europe boost by 29% in July
The Russian gas giant Gazprom boosted its gas exports to European Union and Turkey in July, an increase of 29% to 14.04 billion cubic metres (bcm) compared to the same period a year ago.
read more... 05/08/2013
EU and China make great concessions to solve their PV trade dispute
China and European Union made great concessions on July 27 to solve their trade dispute over the export of underpriced Chinese solar panels.
read more... 30/07/2013
Russia increase its oil deliveries to China
In a move which aims to reduce oil exports to European market, Russia has recently announced that it intends to increase oil flows to Asia, making Beijing its top customer, which now imports a fifth of oil exports from the major crude oil producer in the world.
read more... 24/07/2013
The need for OPEC oil to decline in 2014 due to shale boom in America
The Organization of Petroleum Exporting Countries (OPEC) has estimated that in 2014 world oil demand will see a significant grow, by about 1.04 million barrels per day, an augment of about 300,000 barrels if compared with the growth predicted for 2013, representing the biggest increase in demand since 2010.
read more... 11/07/2013