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Daily (07.06.2019): NBP spot price plunged by 5.5% on Thursday, amid persistent oversupply

Crude oil prices rose on Thursday, following the hiking U.S. stocks which were boosted by a report showing that U.S. could delay tariffs on imported goods from Mexico. Brent crude added 1.7% to trade at $61.67 a barrel, while WTI futures jumped by 1.8% to $52.59 a barrel. Still, last week’s surge in U.S. crude stocks coupled with new threats from U.S. President Donald Trump to impose tariffs on further Chinese goods could limit the rally.

read more... 07/06/2019

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Ukraine boosts gas imports by 19% in Jan-May

Ukraine in January-May 2019 boosted natural gas imports by 19% year-over-year (y-o-y), to 3.97 billion cubic meters (bcm).

read more... 05/06/2019

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Daily (03.06.2019): Crude oil prices hit a six-month low on Friday, amid growing global trade tensions

Crude oil prices dipped to a six-month low on Friday, due to a worsening outlook for the global trade after U.S. President Donald Trump warned that the U.S. will levy a 5% tariff on its imports from Mexico effective from June 10, until the latter stops the illegal immigration flows into the U.S. The latest tariff threats added to the ongoing bearish impact from the prolonged U.S-China trade war. Brent crude sank by 3.6% to $64.49 a barrel, while WTI futures plunged by 5.5% to $53.50 a barrel.

read more... 03/06/2019

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Polish LNG terminal receives 60th cargo

Polish liquefied natural gas import facility the President Lech Kaczyński terminal in Świnoujście received its 60th cargo on Wednesday.

read more... 30/05/2019

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Turkey's crude oil imports up 87.22% in March

Turkey's crude oil imports increased by 87.22% to 2.5 million tons this March, compared to the same month last year, the country's energy watchdog confirmed yesterday.

read more... 29/05/2019

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