Energy ministers from European Union countries will on Monday discuss preparations for potential energy supply shocks and measures to shore up gas stocks following Russia's invasion of Ukraine.
read more... 28/02/2022
Crude oil prices increased on Wednesday, amid renewed concerns over the Ukraine crisis due to widespread skepticism over the Russians’ actions. Nevertheless, gains were limited by an unexpected rise in weekly US crude stocks. As a result, Brent oil climbed by 1.6% to $94.81 a barrel and WTI crude rose by 1.7% to $93.66 a barrel.
read more... 17/02/2022
Crude oil prices rose on Wednesday, supported by an unexpected drop in US crude stocks. Gains, however, were limited by eased Russia-Ukraine tensions. As a result, Brent oil gained 0.9% at $91.55 a barrel and WTI crude edged 0.3% up at $89.66 a barrel.
read more... 10/02/2022
Crude oil prices retreated on Thursday, pressured by an unexpected increase in US commercial crude stocks. However, extended constraints in global supply helped limit the downside. Thus, Brent oil slipped by merely 0.1% to $88.38 a barrel and WTI crude dropped by 1.6% to $85.55 a barrel.
read more... 21/01/2022
Crude oil prices rose on Wednesday, on favorable US employment data, as well as a further drop in crude stocks in the United States. As such, Brent oil increased by 1% to $80.80 a barrel and WTI crude gained 1.1% at $77.85 a barrel.
read more... 06/01/2022