Oil crude prices jumped on Thursday, on positive expectations that the G-20 meeting would help global economy and would lead to a rise in demand. Brent crude price traded 1.3% up at $59.51 a barrel. At the same time, WTI crude surged 2.3% to $51.45 a barrel.
read more... 30/11/2018
Germany's coal commission may recommend delaying a first wave of coal plant closures to 2022 rather than 2020, German financial daily Handelsblatt reports based on a leaked draft following Thursday's meeting of the commission.
read more... 19/11/2018
Saudi Arabia's energy minister said Sunday that the kingdom will reduce exports by about 500,000 barrels a day from November to December. Khalid al-Falih made the comment at a meeting of oil producers in Abu Dhabi.
read more... 12/11/2018
The document was signed at a working meeting between Gazprom CEO Alexei Miller and OMV CEO Rainer Seele in St. Petersburg
read more... 05/11/2018
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