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Nord Stream updates Russia-Germany pipeline outage end-date to April next year
Nord Stream AG, the operator of the Russia-led Nord Stream 1 gas pipeline, on Monday updated the end date of the unplanned outage at the Greifswald exit in Germany to April 1, next year.
read more... 29/11/2022
EU fails to agree on Russian oil price cap
European Union governments failed to agree on Monday on a price cap on Russian seaborne crude oil, as Poland insisted that the cap had to be set lower than proposed by the G7 to cut Moscow's ability to finance its invasion of Ukraine, diplomats said.
read more... 29/11/2022
Daily (28.11.2022): Oil prices fell by 2% on Friday due to concerns over weaker demand and a potential cap on Russian crude oil prices
Crude oil prices fell on Friday due to increased concerns about weaker demand and uncertainty over a potential cap by Western nations on Russian crude oil prices. Thus, Brent crude plummeted by 2% to settle at $83.63 a barrel. WTI crude lost 2.3% to close at $76.28 a barrel.
read more... 28/11/2022
Ukraine wants lower cap on Russian oil, at $30-$40 per barrel
The price for Russian seaborne oil should be capped at between $30 and $40 per barrel, lower than the level that Group of Seven nations have proposed, Ukrainian President Volodymyr Zelenskiy said on Saturday.
read more... 28/11/2022
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Daily (25.11.2022): European day-ahead power prices jumped on Thursday due to stronger demand and weaker wind generation
Oil prices were rather constant on Thursday, due to uncertainty about the level of a price cap on Russian oil. Consequently, Brent crude traded rather flat at $85.34 a barrel, and WTI oil edged 0.1% higher at $78.08 a barrel amid general signs of low demand.
read more... 25/11/2022