Latest news
Daily (24.05.2019): WTI futures slumped by 5.7% on Thursday, amid growing U.S.-China trade concerns
Crude oil prices plunged on Thursday, heading for a 6-month low, weighed by fears that the prolonged trade dispute between U.S. and China is turning into a technology cold war, or a threat to the global economic growth. Weaker U.S. data, swelling U.S. crude inventories and softer global demand outlook due to the easing U.S.-Iran tensions put more pressure on prices. WTI futures plummeted by 5.7% to 57.91 USD/bbl, while Brent crude price dipped by 4.6% to 67.76 USD/bbl.
read more... 24/05/2019
Novatek Signs LNG MoU with Vietnam
Novatek announced signing a Memorandum of Understanding with the Ninh Thuan Provincial People’s Committee to develop an integrated energy-generating project with the use of liquefied natural gas in Vietnam.
read more... 24/05/2019
N. Macedonia's gross electricity output falls 15% year-on-year in March
North Macedonia's gross electricity production fell by an annual 15% to 470,434 MWh in March, preliminary data from the national statistical office showed on Thursday.
read more... 24/05/2019
Shell begins production from Appomattox oil and gas field in Gulf of Mexico
The Appomattox field, which is located approximately 128km southeast of Louisiana in the deep-water Gulf of Mexico, has commenced production
read more... 24/05/2019
Daily (23.05.2019): European carbon prices spiked by nearly 4% on Wednesday, on looming tight supply and higher gas prices
Crude oil prices dropped on Wednesday, after data showed that U.S. crude inventories surged unexpectedly amplifying concerns over a weaker oil demand raised by the lengthy U.S.-China tariff dispute. WTI futures closed 2.7% lower at 61.42 USD/bbl, in tandem with falling equities. On the other side, rising tensions between Washington and Iran coupled with OPEC’s intentions to continue output cuts helped limit the fall in prices. As a result, Brent crude price dropped by 1.7% to 70.99 USD/bbl.
read more... 23/05/2019