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Daily (14.01.2025) : British gas prices rose sharply on Monday following reports of an alleged Ukrainian attack on the Russian TurkStream pipeline
Oil prices continued to rise on Monday, propelled by the new sanctions imposed by the U.S. and the UK on Russia’s energy sector, signalling a potential reduction in global supply. Brent crude gained 1.6%, closing at $81 per barrel, while WTI crude soared by 3%, settling at $78.82 per barrel.
read more... 14/01/2025
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Six EU countries call for lowering of G7 price cap on Russian oil
Six European Union countries on Monday called on the European Commission to lower the $60 per barrel price cap put on Russian oil by G7 countries, arguing it would reduce Moscow's revenues to continue the war in Ukraine while not causing a market shock.
read more... 14/01/2025
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Azerbaijan halts gas deliveries to Serbia, Bulgaria
Gas flows from Azerbaijan to Serbia have been halted and it is unclear when they will resume, news agency Tanjug quoted Serbian President Aleksandar Vučić as saying on 11 January.
read more... 14/01/2025
Germany Considers Selling Entire 99% Government Stake in Uniper
The German government has approached potential buyers that could eventually buy the entire 99% stake in energy giant Uniper, which Germany was forced to bail out via nationalization in the peak energy crisis in 2022, Reuters reported on Monday, quoting sources familiar with the plans.
read more... 14/01/2025
Daily (13.01.2025): Oil prices surged on Friday following new sanctions against Russian oil sector
Oil prices surged by nearly 4% on Friday, fuelled by the announcement of new sanctions from Washington and London against key players in the Russian oil sector. Brent crude closed at $79.76 per barrel, while WTI crude for February settled at $76.57 per barrel.
read more... 13/01/2025