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Daily (09.07.2018): WTI Crude Surged by 1.2% on Monday due to a decline in U.S. inventories
Oil prices dipped on Friday, as concerns about trade war between China and U.S. weighed down on demand. Brent crude slipped by 0.4% to $77.11 a barrel, while WTI crude surged by 1.2% to end at $73.80 a barrel.
read more... 09/07/2018
Baku-Tbilisi-Ceyhan pipeline carried nearly 3B barrels of oil to global markets over 12 years
Carrying Azerbaijan's oil extracted from the Caspian Sea to the international markets, the Baku-Tbilisi-Ceyhan (BTC) crude oil pipeline, which was dubbed as the energy project of the century at the time, has transferred nearly 3 billion barrels of crude oil from its offshore terminal in Ceyhan since 2006.
read more... 09/07/2018
Spirit Energy to take on operatorship of North Sea gas field
Oil and gas operator Spirit Energy will take on the operatorship of a UK gas field in which it holds a 13 per cent share, it was confirmed today.
read more... 09/07/2018
Greece awards 7 onshore wind projects totaling 171 MW
The Greek Regulatory Authority for Energy (RAE) has awarded seven wind projects with a total capacity of 171 megawatts (MW) in the country’s first onshore wind auction, WindEurope said Thursday.
read more... 09/07/2018
Daily (06.07.2018): German day-ahead electricity price slumped by 7.7% due to rising wind supplies
Oil crude prices dropped on Thursday, due to rise in U.S. crude inventories concerning the potential trade war between world’s major economies - China and the United States. Brent crude slipped by 1.1% to $77.39 a barrel, while WTI Crude dropped by 1.9% to $72.94 a barrel.
read more... 06/07/2018