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
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
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
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
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