Latest news
Russia to substitute decline in gas exports to Europe by ‘blue’ hydrogen
The European policy of carbon neutrality will inevitably lead to a decline in direct supplies of Russian natural gas and affect derived revenues by 2050, the department head of Gazprom Export, the export arm of Russia’s top gas producer Gazprom, Sergey Komlev said in an interview with Gazprom’s in-house magazine, adding that Russia can maintain its export positions on the European market using ‘blue hydrogen’ deliveries.
read more... 04/08/2021
Daily (23.07.2021) Oil prices continued to rise on Thursday as signs of recovering demand persist
Oil prices continued to increase on Thursday amid signs of recovering demand while supplies are expected to remain tight through 2021. Brent crude price rose by 2.2% to close at $73.79 a barrel. At the same time, the American WTI crude increased by around 2.3% to settle at $71.91 a barrel.
read more... 23/07/2021
Daily (16.07.2021): Crude oil prices extended losses on Thursday on expectations for increased supplies
Crude oil prices continued to fall on Thursday on expectation for an increase in supply after Reuters reported that Saudi Arabia and the United Arab Emirates (UAE) had reached a compromise deal. Moreover, U.S. fuel stocks rose, providing additional pressure to prices. As such, Brent crude fell by 1.7% to settle at $73.47 a barrel. The American WTI shed by 2% to end at 71.65 p/therm.
read more... 16/07/2021
.jpg)
Brent crude oil stays above $75 amid impasse in OPEC+ talks
Oil prices were little changed in early Asian trade on Monday as an impasse in talks among key producers to raise output in coming months kept supplies tight, offsetting concerns about coronavirus' impact on the global economy.
read more... 12/07/2021
Daily (09.07.2021): Oil prices moved upwards on Thursday amid bigger than expected drop in U.S. inventories, OPEC impasse
Crude oil prices rebounded on Thursday amid much bigger drop than expected in U.S. crude and gasoline inventories, but uncertainty about global supplies continued to limit upside following a dispute between OPEC heavyweights over production plans. Hence, Brent crude rose by 69 cents, or 0.9%, to settle at $74.12 a barrel. U.S. WTI crude added 74 cents, or 1%, to close at $72.94 a barrel on the NYMEX.
read more... 09/07/2021