The Dutch government is expected to make a decision this month on whether to fill the country's largest gas storage facility further, officials said on Tuesday.
read more... 17/08/2022
Oil prices decreased on Tuesday as investors worried about dwindling consumer confidence and prepared for the release of an additional 20 million barrels of crude oil from the US Strategic Petroleum Reserve. As such, WTI crude diminished by 1.8% to settle at $94.98 per barrel. At the same time, Brent crude ended 0.7% down at $104.40 a barrel.
read more... 27/07/2022
German utility RWE AG's head has warned that a windfall tax on electricity generators in Britain would make it and other power firms reconsider their investment decisions in the country, the Financial Times reported on Sunday.
read more... 28/06/2022
Crude oil prices pulled down on Wednesday following the US Fed’s decision to increase interest rates significantly. Hence, Brent crude decreased by 2.2% to settle at $118.51 a barrel. U.S. WTI crude fell by 3.04% to $115.31 a barrel.
read more... 16/06/2022
Oil prices increased modestly on Friday due to strong demand and increased supply concerns, as Europe continues to restrict Russian oil. As a result, Brent crude gained 0.5% to end at $112.55 a barrel.
read more... 23/05/2022