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EU struggles to agree gas price cap, considers 220-euro limit
European Union countries on Tuesday considered the latest proposal for a lower gas price cap of 220 euros ($231), a week away from a meeting when the bloc hopes to resolve an issue that has deeply divided the 27 member states.
read more... 07/12/2022
Daily (05.12.2022): NBP spot settled down on Friday amid forecasts for strong LNG arrivals
A bearish trend was seen in crude oil prices on Friday ahead of a meeting of the OPEC+ on Sunday and an EU ban on Russian crude on Monday. Thus, Brent crude decreased by 1.5% to settle at $85.57 a barrel. WTI crude ended around 5% lower at $79.98 a barrel.
read more... 05/12/2022
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OPEC decision to hold virtual meeting signals little likelihood of policy change, cap on Russian oil awaited
The OPEC+ decision to hold its Dec. 4 meeting virtually signals little likelihood of a policy change, a source with direct knowledge of the matter told Reuters on Wednesday.
read more... 30/11/2022
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EU to propose natural gas price cap after Nov. 24 meeting
The European Commission plans to propose a cap on natural gas prices after Nov. 24, as it seeks to contain an energy crisis stemming from Russia's invasion of Ukraine, the EU's energy policy chief told Reuters on Wednesday.
read more... 17/11/2022
EU edges towards gas price cap with more emergency talks
European Union energy ministers will hold another emergency meeting in November to try to make progress on a bloc-wide gas price cap, after talks on Tuesday left it unclear when Brussels would make a firm proposal on the measure.
read more... 26/10/2022