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Daily (03.12.2019): NBP gas forward prices strongly bearish on Monday due to robust supplies from LNG terminals and from Norway

Brent crude declined on Monday on concerns about global oil oversupply and limited progress toward resolving the U.S.-China trade war that has clouded the outlook for oil demand. Brent lost 2.4% to settle at $60.92 a barrel.

read more... 03/12/2019

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Gazprom Export supplies 1st LPG from Russia to China by rail

Gazprom Export has for the 1st time supplied liquefied petroleum gas by rail from Russian Federation to the People’s Republic of China. This was done as part of the preparations for exports from the Amur gas processing plant, which is under construction at the moment.

read more... 15/11/2019

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Daily (30.10.2019): NBP spot dipped by 4.7% on Tuesday due to low demand and firm supplies

Crude oil prices diverged slightly on Tuesday. Brent crude was almost flat at $61.59 a barrel amid signs that U.S.-China trade differences might temper in November and on expectations for a draw in the U.S. refined product inventories. In the meantime, predictions of a rise in the U.S. crude stocks and Russia’s reserved outlook for a potential crude output extension by OPEC+ pushed WTI futures 0.5% lower at $55.54 a barrel.

read more... 30/10/2019

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Germany's winter gas supplies are secure, pipeline operators say

Germany will have enough natural gas this winter, despite restrictions on transit routes Opal and TENP 1, as storage levels are close to 100%, pipeline operators’ group FNB said on Monday.

read more... 29/10/2019

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Poland ready to halt import of Russian gas

Poland is ready to ensure its energy supplies without importing gas from Russia due to the diversification of supplies and increasing LNG imports, Piotr Woźniak, the CEO of Poland’s state gas and oil company PGNiG has said.

read more... 24/10/2019

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