Latest news
Daily (23.06.2020): Crude oil prices soared over 2% on Monday amid easing lockdowns, tighter supplies
Crude oil futures edged higher on Monday amid tightening crude supplies from major producers and as lockdowns eased, but sentiment remained precarious as coronavirus infections continued to accelerate. Hence, Brent crude for August delivery rose by 89 cents, or 2.11%, to settle at $43.08 per barrel. At the same time, U.S. WTI crude for July delivery, which expired at the end of the session, soared by 2.5%, to end at $40.73 a barrel, the highest level since March 6.
read more... 23/06/2020
Norwegian gas flows to Europe, UK slide further in May
Norway's pipeline gas supplies to continental Europe and the UK fell further in May to an eight-month low of just 7.35 Bcm, data from S&P Global Platts Analytics showed June 5.
read more... 08/06/2020
Daily (04.06.2020) NBP spot soared by 13.6% on Wednesday as low wind output boosted gas-for-power demand
Crude oil prices stretched gains on Wednesday, on a potential new agreement between OPEC and its allies to cut crude supplies. Nevertheless, a weekly increase in U.S crude inventories supported the bullish trend. As a result, Brent crude increased by 0.6% to $39.79 a barrel. Similarly, WTI futures traded 1.3% higher at $37.29 a barrel.
read more... 04/06/2020
Daily (20.05.2020): British spot and near-term gas prices lost ground on Tuesday amid lower demand, healthy supplies
Crude oil futures diverged on Tuesday, with U.S. WTI crude edging 0.4% higher, to close at $31.96 a barrel in a rather optimistic climate amid the resumption of world demand at a time when supply is absorbing. Meanwhile, Brent crude for July delivery, which struggled to take direction in a volatile trading, shed by 16 cents, or 0.46%, to settle at $34.65 per barrel.
read more... 20/05/2020
Poland prepares a new blow to Russian gas supplies to Europe
Russian gas giant Gazprom continues to face problems in the European gas market, where demand and prices have collapsed and volume of gas in storage has reached a historic record, repots finanz.ru.
read more... 15/05/2020