Italy plans to become a gas hub for EU neighbours within three years by harnessing energy from North Africa amid the current geopolitical turmoil threatening supply, said energy minister Pichetto Fratin on Tuesday.
read more... 17/04/2024
Oil prices rose on Friday to their highest level in more than five months, boosted by the prospect of an Iranian retaliation against Israel and the possibility of a disruption in the supply of black gold. Brent crude increased by 1% to $90.45 a barrel, while WTI crude experienced a similar 1% rise to $85.66 a barrel.
read more... 15/04/2024
Oil prices extended gains on Friday , amid worries about supply constraints due to the Middle East conflict. Brent crude rose by 1% to $91.17, while WTI Crude edged 0.4% higher at $86.19.
read more... 08/04/2024
Oil prices surged on Thursday, reaching their highest level since October amid heightened geopolitical tensions in Ukraine and the Middle East, as well as continuously tighter supply. As a result, Brent crude closed at $90.65 a barrel, while WTI crude reached $86.59 a barrel, with both contracts climbing by 1.4% day-on-day.
read more... 05/04/2024
Oil prices surged to their highest level in five months on Tuesday amid worries about supply constraints. The surge was fuelled by fears of retaliatory actions from Iran following a fatal strike, attributed to Israel, on an Iranian diplomatic facility in Damascus. Brent crude rose by 2% to $88.92 a barrel, while WTI Crude posted a 2% decrease to $85.15 a barrel.
read more... 03/04/2024