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Dutch regulator probes possible TTF hub manipulation
The Dutch financial market regulator AFM is investigating possible manipulation of trades in the European benchmark TTF gas hub, a spokesman told Montel on Friday.
read more... 07/11/2022
EU leaders ask for more detailed work on gas price caps
EU leaders want the European Commission to propose a detailed gas price cap for the TTF hub and to work on a price cap on gas used for power generation, they said on Friday.
read more... 24/10/2022
Belgium supports energy price caps, suspending trading in EU power crunch
Belgium has backed introducing price caps for European Union's gas and electricity hubs, as well as suspending trade in case of "irrational market behaviour", according to a note seen by Reuters on Monday.
read more... 01/09/2022
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Bulgaria becomes regional hub for gas supplies
A regional coordination centre will be set up in Bulgaria to manage the overall use of gas and electricity infrastructure and additional gas purchases for the Balkans and Italy, announced Deputy Prime Minister and Finance Minister Asen Vassilev in Brussels after meeting with EU Commission President Ursula von der Leyen and Executive Vice-President Frans Timmermans on Thursday (28 April).
read more... 02/05/2022
Daily (29.03.2022): Oil prices dropped by 7% on Monday amid lockdown in China
Crude oil prices dropped sharply on Monday after China, the second-largest oil consumer and largest importer began a Covid-19 lockdown in financial and manufacturing hub Shanghai, raising fears of demand destruction. Hence, Brent crude fell by $8.17, or 6.8%, to settle at $112.48 a barrel. U.S. WTI crude slumped by $7.94, or about 7%, to settle at $105.96 a barrel.
read more... 29/03/2022