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Daily (20.09.2018): NBP gas prices surged by more than 2% on Wednesday, due to increased demand

Oil prices gained additional ground on Wednesday, due to falling U.S. stocks and on concerns over global supplies, as sanctions imposed on Iranian exports will be implemented on 4’th of November. Brent crude edged 0.5% higher at $79.40 a barrel. WTI crude added 1.8% to $71.12 a barrel.

read more... 20/09/2018

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Daily (19.09.2018): Oil prices gained almost 1.5% on Tuesday, due to concerns over global supply

Oil crude prices surged on Tuesday, prior to OPEC’s meeting on the possibility to raise production, as Iranian output might decline once U.S. sanctions will take effect from November. However, gains were capped by continuous trade disputes between U.S. and China. Brent crude added 1.3% to close at $79.03 a barrel. WTI crude increased by 1.4% to $69.85 a barrel.

read more... 19/09/2018

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BW Offshore begins oil production from Tortue field offshore Gabon

BW Offshore and Panoro Energy have reported first oil production from the Tortue field in the Dussafu license offshore Gabon, using the BW Adolo floating production storage and offloading (FPSO) vessel.

read more... 19/09/2018

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Daily (18.09.2018): Electricity prices on the curve surged by around 5% on Monday, tracking bullish carbon markets

Oil crude prices fell slightly on Monday, as trade tensions between U.S. and China could have an impact on the global demand. Brent crude ended 0.1% down at $78.05 a barrel, but losses were capped by a cut in Iranian outputs. WTI crude also slipped by 0.1% to $68.91 a barrel.

read more... 18/09/2018

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Egypt signed $1 billion oil & gas exploration deal with Shell and Petronas

The Egyptian Ministry of Petroleum has signed a deep-water oil & gas exploration agreement with Shell and Malaysia’s Petronas, according to a statement issued by the ministry on September 15.

read more... 18/09/2018

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