Latest news
Daily (06.11.2018): NBP spot dropped by over 3% on Monday, due to warm weather and weaker demand
After 5 consecutive days of declines, oil prices edged slightly higher on Monday, as sanctions against Iranian exports were imposed, except for a few countries which have been allowed to continue crude procurement from the Islamic nation. Brent crude rose 0.5% to $73.17a barrel, but gains were limited by US-China trade tensions. WTI crude was almost unchanged at $63.10 a barrel.
read more... 06/11/2018
Daily (31.10.2018): NBP gas prices fell on Tuesday on oversupply and warmer weather
Oil crude prices fell sharply on Tuesday in a choppy trade, following API data indicating an increase in inventories, and on expectations for lower fuel demand amid trade tensions between the U.S. and China. Brent crude slumped by 1.9% to $75.91 a barrel, while WTI crude traded 1.3% down at $66.18 a barrel.
read more... 31/10/2018
BP profit doubles in best underlying result in over 5 years
Oil major BP PLC on Tuesday said higher oil prices and a positive operating performance led to a doubling in the company's quarterly profit.
read more... 30/10/2018
BP to develop two new fields in the North Sea
BP is set to quickly develop two new oil fields in the UK North Sea which are expected to produce 30,000 barrels gross of oil equivalent a day at peak production.
read more... 22/10/2018
Daily (12.10.2018): NBP spot price plummeted by almost 9% on Thursday, due to an oversupplied system
Oil crude prices ended lower on Thursday, following a drop in global stock markets, as the Dow Jones took its biggest plunge since February on Wednesday. Moreover, the investor sentiment was affected by an industry report, which revealed an unexpected rise in U.S. crude oil supply. Consequently, the WTI crude closed 3% down at $70.97 a barrel, while Brent oil fell by 3.4% to $80.26 a barrel.
read more... 12/10/2018