Latest news
Daily (19.04.2024): Energy complex recovered on Thursday amid persisting geopolitical concerns
Brent crude declined for the fourth straight session on Thursday, influenced by stability in the Middle East and potential actions by the US government to stabilize oil prices. Brent crude closed at $87.11 per barrel, while WTI crude remained unchanged at $82.73 per barrel.
read more... 19/04/2024
Daily (18.04.2024): Oil prices tumbled by over 3% on Wednesday, weighed by rising US inventories and easing war fears
Oil prices tumbled on Wednesday, dragged down by signs of restraint from Israel in its response to the Iranian attack, as well as a further unexpected jump in US crude inventories. Consequently, Brent crude stood at $87.29 a barrel, while WTI crude reached $82.69 a barrel, with both contracts dropping by around 3% day-on-day.
read more... 18/04/2024
.jpg)
EU expected to sue Germany over gas tariff
The European Commission is expected to sue Germany for charging its neighbours an extra fee for buying gas from its storage, seen as flouting the EU's single market rules, two sources familiar with the matter said.
read more... 18/04/2024
.jpg)
Italy plans to become EU gas hub by 2027
Italy plans to become a gas hub for EU neighbours within three years by harnessing energy from North Africa amid the current geopolitical turmoil threatening supply, said energy minister Pichetto Fratin on Tuesday.
read more... 17/04/2024
Five European countries open their doors to cross-border CO2 storage
Five northern European countries – Denmark, Norway, Belgium, the Netherlands, and Sweden – have laid the foundations for Europe’s carbon capture and storage (CCS) infrastructure by joining forces to conclude arrangements on the transport and storage of carbon across borders.
read more... 17/04/2024