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EU matches 12bcm in second round of joint gas buying

The EU’s new joint gas buying platform matched 11.98bcm of sales offers and demand for delivery from August 2023-March 2025 in its second tendering round, European Commission vice president Maros Sefcovic said on Thursday.

read more... 14/07/2023

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Daily (03.04.2023): British gas prices moved upwards on Friday amid chilly April start, extension of nuclear strikes in France

Crude oil prices increased modestly on Friday, hovering at about a two-week high, supported by supply disruptions in Iraq and a calmer outlook for the banking sector. Hence, Brent crude for May delivery, which expired upon settlement, gained 50 cents, or 0.6%, to settle at $79.77 a barrel. In meantime, US WTI crude increased by $1.30, or 1.8%, to end at $75.67 a barrel.

read more... 03/04/2023

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Bulgaria, Greece agree to explore joint oil, gas projects

Bulgaria and Greece on Thursday signed two memoranda of understanding (MoU) to look into possibilities for the construction of an oil pipeline across their border as well as to ensure the delivery and storage of natural gas, the press office of Bulgarian president Rumen Radev said.

read more... 17/02/2023

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Daily (14.09.2022): Oil prices retreated on Tuesday, as concerns about the state of the global economy continue to dominate on the market

Crude oil prices declined, snapping a three-day rebound on Tuesday as U.S. consumer prices unexpectedly rose in August. Hence, Brent crude for November delivery settled 0.9% lower at $93.17 a barrel. U.S. WTI crude for October delivery lost 0.5%, to end at $87.31 a barrel.

read more... 14/09/2022

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Daily (30.08.2022): The power prices for delivery in 2023 fell in France and Germany due to high gas storage levels ahead of winter

Crude oil prices extended gains on Monday amid potential OPEC+ output cuts and conflict in Libya. Brent crude soared by 4.1% to settle at $105.09 a barrel. U.S. WTI crude increased by 4.2%, to close at $ 97.01 a barrel.

read more... 30/08/2022

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