Ukrainian state energy company Naftogaz has decided to acquire 1.7 billion cubic metres (bcm) of gas from European suppliers at a price of $188-$211 per thousand cubic metres, as stated by the firm on Thursday.
read more... 15/01/2016
The European Energy Exchange (EEX) enjoyed a fruitful 2015 year, with trading volumes of electricity and gas forwards recording a hike of 62% and 110 respectively.
read more... 12/01/2016
Crude oil prices dipped 6 % to hit new 12-year low as further reductions in the Chinese stocks market threatened to sink crude as low as $20 a barrel. Morgan Stanley warned that a further devaluation of the yuan could send oil prices spiraling into the $20-$25 per barrel range, prolonging the year's 15 percent decline. Brent crude futures eased $2.00 to close at $31.55 a barrel, their weakest since April 2004. Brent has collapsed more than 15 percent in six consecutive days of losses, the largest fall in a year. U.S. WTI crude futures shed $1.75 to settle at $31.41 a barrel, the lowest level since December 2003.
read more... 12/01/2016
Oil prices increased over 2 percent on Friday, following China shares higher after Beijing neutralized a circuit breaker mechanism that was accused for aggravating equity market crashes, even though a persistent global crude surplus kept a cap on gains.
read more... 08/01/2016
Ukraine doubled imports of natural gas from the European Union in 2015 and sharply decreased acquisitions from Russia, as stated by gas transport monopoly Ukrtransgaz on Wednesday.
read more... 07/01/2016