The EU’s new joint gas buying platform matched 11.98bcm of sales offers and demand for delivery from August 2023-March 2025 in its second tendering round, European Commission vice president Maros Sefcovic said on Thursday.
read more... 14/07/2023
Crude oil prices increased modestly on Friday, hovering at about a two-week high, supported by supply disruptions in Iraq and a calmer outlook for the banking sector. Hence, Brent crude for May delivery, which expired upon settlement, gained 50 cents, or 0.6%, to settle at $79.77 a barrel. In meantime, US WTI crude increased by $1.30, or 1.8%, to end at $75.67 a barrel.
read more... 03/04/2023
Bulgaria and Greece on Thursday signed two memoranda of understanding (MoU) to look into possibilities for the construction of an oil pipeline across their border as well as to ensure the delivery and storage of natural gas, the press office of Bulgarian president Rumen Radev said.
read more... 17/02/2023
Crude oil prices declined, snapping a three-day rebound on Tuesday as U.S. consumer prices unexpectedly rose in August. Hence, Brent crude for November delivery settled 0.9% lower at $93.17 a barrel. U.S. WTI crude for October delivery lost 0.5%, to end at $87.31 a barrel.
read more... 14/09/2022
Crude oil prices extended gains on Monday amid potential OPEC+ output cuts and conflict in Libya. Brent crude soared by 4.1% to settle at $105.09 a barrel. U.S. WTI crude increased by 4.2%, to close at $ 97.01 a barrel.
read more... 30/08/2022