Latest news
Azerbaijani gas supplies to Turkey increase significantly
According to AzerNews, Azerbaijan and Turkey continue to expand their economic and trade cooperation. The figures for Azerbaijani exports to Turkey show noticeable growth and this strengthens ties between the 2 states.
read more... 02/08/2019
Moldova seeks 30% discount on gas imports from Russia
"Moldova needs a 25-30% discount on current gas supplies, otherwise we will have to raise tariffs," president Igor Dodon said in a video file posted last week on the YouTube channel of broadcaster RTR Moldova, Seenews reported.
read more... 01/08/2019
Russia, Saudi agree to extend OPEC production cut deal: Vladimir Putin
Russia and Saudi Arabia have agreed to extend a deal to keep oil production low owing to abundant world supplies, President Vladimir Putin said on Saturday.
read more... 01/07/2019
Daily (16.05.2019): British forward gas prices rose by almost 2% on Wednesday, tracking the bullish trend in oil prices
Crude oil prices rose on Wednesday, due to the conflict in the Middle East that could disturb global supplies. Meanwhile, a surprise rise in U.S. crude stocks limited the gains. Brent crude climbed by 0.7% to $71.77 a barrel, while WTI futures settled 0.4% up at $62.02 a barrel.
read more... 16/05/2019
Poland, Hungary, Czech to release oil reserves after pipeline shutdown
Poland, Hungary and the Czech Republic are offering their domestic refiners about 8 million barrels of oil from strategic reserves after supplies from Russia's Druzhba pipeline to Europe were halted, industry sources said on Friday.
read more... 06/05/2019