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Daily (06.11.2018): NBP spot dropped by over 3% on Monday, due to warm weather and weaker demand
After 5 consecutive days of declines, oil prices edged slightly higher on Monday, as sanctions against Iranian exports were imposed, except for a few countries which have been allowed to continue crude procurement from the Islamic nation. Brent crude rose 0.5% to $73.17a barrel, but gains were limited by US-China trade tensions. WTI crude was almost unchanged at $63.10 a barrel.
read more... 06/11/2018
Russia signs pact for six nuclear reactors in India
India and Russia signed an agreement on the sidelines of the 19th India-Russia Annual Bilateral Summit in New Delhi to build six more nuclear reactors at a new site in India, Rosatom said.
read more... 09/10/2018
Russian piped gas is critical for Europe's supply needs
The European Union's decision on the route and volume of natural gas flow through Russia's new pipeline infrastructure, namely the Nord Stream 2 and TurkStream pipelines, remains critical to meeting Europe's requirement for liquefied natural gas (LNG), according to an expert at Wood Mackenzie late on Tuesday.
read more... 20/09/2018
Russian gas megaproject to China close to completion
Gazprom will soon complete its part of the Power of Siberia gas pipeline to China, the Russian company announced on the sidelines of the Eastern Economic Forum in Vladivostok. The pipeline will be one of the world’s largest.
read more... 12/09/2018
Daily (21.08.2018): German spot power contract gained almost 24% on Monday, on forecasts for a decline in wind generation
Oil crude prices continued their bullish trend on Monday, as investors were more worried about reduced supplies from Iran due to U.S. sanctions and less concerned that U.S-China trade tensions might lead to lower demand. Brent crude increased by 0.5% to $72.21 a barrel, after several declines. Meanwhile, WTI crude settled 0.8% higher at $66.43 a barrel.
read more... 21/08/2018