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Daily (20.11.2019): WTI crude dropped by 3.2% on Tuesday on worries about oversupply and slow progress in U.S.-China trade dispute
Oil prices declined on Tuesday on worries about crude oversupply and slow evolution in resolving the U.S- China trade war. Brent crude dropped by 2.5% to $60.91 a barrel. WTI futures fell by 3.2% to $55.21 a barrel.
read more... 20/11/2019
Algerian LNG carrier arrives in Turkey
Algerian energy company Hyproc SC's LNG carrier Ramdane Abane arrived in Turkey on Tuesday, Nov. 19, according to ship tracking data on Wednesday.
read more... 20/11/2019
France proposes to build 1-GW wind park off Normandy
The French government on Monday unveiled plans for the construction of a 1-GW wind fark off the coast of Normandy.
read more... 20/11/2019
Norway's Johan Sverdrup oil giant producing well over 300,000 barrels a day, six weeks from start-up
Norway's giant Johan Sverdrup oil field is producing at rates "well above" 300,000 b/d, state-controlled Equinor said Tuesday, as official data showed the country's oil output starting to recover.
read more... 20/11/2019
Daily (19.11.2019): NBP spot fell by 2% on forecasts for lower heating and gas-for-power demand due to milder weather
Oil prices lost ground on Monday amid uncertainty over a trade agreement between the U.S. and China. Furthermore, worries about crude oversupply also put pressure on oil contracts. Brent crude dropped by 1.4% to $62.44 a barrel and WTI futures fell by 1.1% to $58.05 a barrel.
read more... 19/11/2019