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Egypt, Israel, EU eye political framework ahead of commercial gas supply deals

Egypt, Israel and the EU were working toward a trilateral agreement to allow for the export of Israeli gas to Europe, a spokesperson for Israel's energy ministry said June 6.

read more... 07/06/2022

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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 20.05.2022): EUA prices falling to their lowest level since April 28

Oil prices rebounded on Thursday after two days of losses, back by dollar weakness and expectations that China could ease export curbs, boosting demand. As a result, Brent crude rose by 2.7% to $112.04 per barrel.

read more... 20/05/2022

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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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