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Russian Rosneft, Polish Lotos sign oil supply contract
Russia's Rosneft and Poland's Grupa Lotos signed a contract for oil supplies to Poland, Rosneft announced on Thursday.
read more... 03/08/2018
Daily (02.08.2018): Brent crude plummeted by 2.5% on Wednesday, as OPEC stocks reached maximum capacity
Oil prices diminished severely on Wednesday, following a report that OPEC’s stockpiles reached full capacity due to ample supplies during the month. WTI crude slipped by 1.6% to close at $67.66 a barrel.
read more... 02/08/2018
Daily (19.07.2018): UK gas prices boosted by around 2% on Wednesday, due to strong demand and lower supplies
Oil prices surged on Wednesday, as U.S. government data pointed out stronger demand for gasoline and distillates. Brent crude climbed 1% higher to end at $72.90 a barrel. Meanwhile, WTI crude also hiked by 1% to $68.76 a barrel, even though U.S. oil production hit a new record of 11 million barrels per day.
read more... 19/07/2018
Daily (16.07.2018): NBP spot gas price rose by 2.6% on Friday, due to an undersupplied system
Oil prices hiked on Friday, due to the stoppage in Norway and Iraq, while a decline in supplies from Venezuela influenced the global output. Brent crude soared by 1.2% to $75.33 a barrel. Meanwhile, WTI crude settled 1% higher at $71.01, despite U.S. Secretary of State Mike Pompeo’s statement that Washington would consider granting waivers to Iran's crude buyers.
read more... 16/07/2018
Daily (06.07.2018): German day-ahead electricity price slumped by 7.7% due to rising wind supplies
Oil crude prices dropped on Thursday, due to rise in U.S. crude inventories concerning the potential trade war between world’s major economies - China and the United States. Brent crude slipped by 1.1% to $77.39 a barrel, while WTI Crude dropped by 1.9% to $72.94 a barrel.
read more... 06/07/2018