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Daily (19.02.2019): EU carbon prices declined by 2% on Monday, tracking bearish gas markets

Supply cuts led by the OPEC and Russia have boosted oil prices on Monday. However, gains were limited by the announcement of weak car sales data in China. Brent crude edged 0.4% higher at 66.50 USD/bbl, whereas WTI futures rose by 0.9% to 56.06 USD/bbl

read more... 19/02/2019

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Norway's Equinor aims to start oil exploration off Australia in 2020

Norway’s Equinor SA on Tuesday said it plans to explore for oil in deep waters off the coast of South Australia in late 2020 and released a draft environmental assessment for the project to head off community protests.

read more... 19/02/2019

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Turkey to invest $23 million for TurkStream in 2019

Turkey plans to invest 122 million Turkish Liras in 2019, equivalent to around $23 million, for the land section on Turkish soil of the TurkStream natural gas pipeline, according to the government's 2019 investment plan released on Monday.

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Daily (18.02.2019): WTI crude soared on Friday by 2.2% buoyed by U.S. sanctions on Venezuela and Iran

Oil prices soared on Friday, buoyed by U.S. sanctions against Venezuela and Iran. At the same time, OPEC-led supply cuts also supported prices. Brent crude settled 2.6% higher at 66.25 USD/bbl, or the highest value this year. At the same time, WTI crude climbed by 2.2% to 55.59 USD/bbl.

read more... 18/02/2019

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Italian Eni increases oil & gas production in Kazakhstan

Italian Eni increased its oil and natural gas production in Kazakhstan by 8.3 % in 2018 compared to 2017, Trendreports with reference to the company’s data.

read more... 18/02/2019

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