Oil prices changed slightly on Wednesday as concerns about economic growth and oil demand stagnation persist. Consequently, Brent crude edged 0.4% lower at $106.80 a barrel. U. S. WTI Crude edged 0.3% lower at $102.19 a barrel.
read more... 21/04/2022
Crude oil prices fell on Friday as members of the International Energy Agency (IEA) agreed to join in the largest-ever U.S. oil reserves release. Hence, Brent crude dropped by 3.3% to settle at $104.39 a barrel. US WTI crude decreased by 1% to close at $99.27 a barrel.
read more... 04/04/2022
Italy would only have gas supplies to last a few weeks if Russia halted flows amid the escalating crisis in Ukraine, analysts told Montel this week.
read more... 24/02/2022
Germany on Tuesday halted the Nord Stream 2 Baltic Sea gas pipeline project, designed to double the flow of Russian gas direct to Germany, after Russia formally recognised two breakaway regions in eastern Ukraine.
read more... 23/02/2022
The European Union would be able to cope with a partial disruption to gas imports from Russia, European Commission President Ursula von der Leyen said.
read more... 16/02/2022