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Norwegian gas flows to Europe, UK slide further in May
Norway's pipeline gas supplies to continental Europe and the UK fell further in May to an eight-month low of just 7.35 Bcm, data from S&P Global Platts Analytics showed June 5.
read more... 08/06/2020
Daily (02.06.2020): The British spot gas dived by 5.6% on Monday after the resumption of Russian flows
Crude oil futures diverged on Monday, with Brent crude for August delivery surging by 8.5% to close at $38.32 a barrel amid hopes that OPEC+ producers will meet this week, earlier than previously planned, to discuss about a further extension of output cuts. Meanwhile, U.S. WTI crude was rather stable at $35.49 a barrel, but under the effect of increasingly hostile relations between the United States and China.
read more... 02/06/2020
Yamal-Europe pipeline gas flows dive
Deliveries along the Yamal-Europe pipeline dropped sharply on 24-25 May and were nominated even lower today, likely driven by weaker European demand for Russian gas.
read more... 27/05/2020
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Daily (24.04.2020): NBP spot at 12 p/therm on Thursday due to robust flows and weak demand
Crude oil futures gained ground for the second consecutive session on Thursday, with the U.S. WTI crude surging by about 20% as escalating tensions between Iran and the United States offset the deteriorating demand due to the coronavirus pandemic and the supply glut.
read more... 24/04/2020
Russia's Gazprom eyes capacity increase on China gas export link
Russia's Gazprom is working to boost the capacity of its landmark gas pipeline to China -- the Power of Siberia -- as it looks to ramp up flows via the line.
read more... 16/04/2020