Latest news
Daily (30.07.2018): WTI crude dropped by 1.3% on Friday due to a fall in the U.S equities market
Oil prices fell on Friday, due to a decline in the U.S. equities market. Brent futures dropped by 25 cents, or 0.3%, to close at $74.29 a barrel, posting nevertheless a 1.8% weekly gain for the first time in four weeks supported by reduced trade tensions and a provisory closure of an important crude oil shipping lane. WTI futures declined by 1.3% to close at $68.69 a barrel.
read more... 30/07/2018
Germany buys 20% in transmission system operator to prevent Chinese investment
Germany’s state investment bank, KfW, is purchasing a 20% stake in one of the country largest transmission system operators in order to block a Chinese company from acquiring the company. The reasons given are national security concerns, Bloomberg reports.
read more... 30/07/2018
Europe ponders Spanish gifts
Alfanar seeks €385m from EIB for 21 wind farms totalling 547MW
read more... 30/07/2018
France, Spain and Portugal to build gas pipeline for supply of American liquefied gas to EU
French, Spanish and Portuguese leaders approved the EU decision regarding the supply of liquefied gas from the United States, according to the declaration signed by the three countries after the energy interconnection summit in Lisbon on Friday, July 27.
read more... 30/07/2018
Daily(27.07.2018): Brent crude increased by 0.8% as Saudi Arabia decided to halt oil exports
Oil prices increased on Thursday, as Saudi Arabia decided to stop oil exports after two ships which traversed the Bab el-Mandeb strait have been attacked by Yemen’s Iran-aligned Houthis. Brent crude rose by 0.8% to $74.54 a barrel, while WTI crude edged 0.5% higher at $69.61 a barrel.
read more... 27/07/2018