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Daily (07.06.2022): EUAs slumped by 6% on Monday as traders eye ETS reform vote

Oil prices fell slightly on Monday as increased supplies of Russian crude headed for Asia counterbalanced the optimism sparked by Saudi Arabia's larger-than-expected price hike for Far East exports. Hence, Brent crude lost 21 cents, or 0.2%, to settle at $119.51 a barrel. U.S. WTI crude slipped by 37 cents, or 0.3%, to settle at $118.50 a barrel.

read more... 07/06/2022

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EU leaders downplay chances of rapid Russian gas ban

EU leaders on Tuesday (31 May) played down the prospects of getting a ban on Russian gas in a next round of sanctions, after struggling to secure a watered-down embargo on Moscow’s key oil exports.

read more... 01/06/2022

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(Daily 17.05.2022): Oil and gas on an upward trend

Continued concerns over a potential EU ban on Russian petroleum exports lent support to crude prices. Thus, Brent crude increased by 2.4% to $114.24 a barrel on Monday.

read more... 17/05/2022

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(Daily 16.05.2022): NBP spot price rose by around 33% due to weaker LNG send-out

Concerns over a potential EU ban on Russian petroleum exports lent support to crude prices. Thus, Brent crude increased by 3.8% to $111.55 a barrel on Friday.

read more... 16/05/2022

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(Daily 13.05.2022): Gas prices have risen on supply concerns after a drop in Russian gas volumes

The Brent crude oil price stayed unchanged at $107.45 per barrel, as consistent Russian oil exports counterbalanced weaker Chinese demand.

read more... 13/05/2022

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