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Daily (07.11.2018): Oil prices fell on Tuesday, on worries over global demand and Iran sanctions waivers
Oil prices shed on Tuesday, as Iran stated it had been able to sell as much oil as it needed to sell, despite sanctions imposed a day earlier. On the other side, increased concerns over global oil demand amid trade war between the world’s biggest economies also put pressure on prices. Accordingly, Brent crude decreased by 1.4% to $72.13 a barrel, settling at 8-month lows. WTI crude was at $62.21 a barrel, losing 1.4% comparing to its previous settlement.
read more... 07/11/2018
Shell and Total to develop gas project in Oman
Total and Shell as operators will develop several natural gas discoveries located in Oman.
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Poland Cuts Russian Oil Import Dependence
Poland is reducing its dependence on imports from Russia but at a cost
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Clean power investment 'falls 7%'
Capgemini report says drop was in hydro and onshore wind sectors
read more... 07/11/2018
Daily (06.11.2018): NBP spot dropped by over 3% on Monday, due to warm weather and weaker demand
After 5 consecutive days of declines, oil prices edged slightly higher on Monday, as sanctions against Iranian exports were imposed, except for a few countries which have been allowed to continue crude procurement from the Islamic nation. Brent crude rose 0.5% to $73.17a barrel, but gains were limited by US-China trade tensions. WTI crude was almost unchanged at $63.10 a barrel.
read more... 06/11/2018