Latest news

Daily (14.02.2023): British gas prices fell on Monday amid mild weather, higher Norwegian exports

Crude oil prices were little changed on Monday as traders waited for further details of Russia's planned production cut. Hence, Brent crude rose by 0.3% to settle at $86.61 a barrel. Meanwhile, U.S. WTI crude added 0.5%, to close at $80.14 per barrel.

read more... 14/02/2023

news

Daily (13.02.2023): Oil prices increased over 2% on Friday as Russia plans to cut crude output by 500,000 bpd in March

Crude oil prices gained ground on Friday as Russia unveiled plans to cut oil production next month after the West imposed price caps on the country's crude and fuel. Brent crude rose by 2.2% to settle at $86.39 a barrel. U.S. WTI crude added 2.1%, to end at $79.72 a barrel.

read more... 13/02/2023

news

EU launches global LNG reference price as gas cap looms

European Union regulators have launched a new reference price for liquefied natural gas (LNG), as part of plans to cap benchmark gas prices if they surge like they did last year after Russia curbed supply.

read more... 03/02/2023

news

Bulgaria begins work on Serbia gas link, sees operations by year-end

Bulgaria began construction on Wednesday of a long-delayed natural gas link with neighbouring Serbia that will allow flows of non-Russian gas to Belgrade and boost the security of supplies in southeastern Europe.

read more... 02/02/2023

news

Daily (30.01.2023): British gas prices fell on Friday amid mild weather outlook, signals of the return of Freeport LNG terminal

Crude oil prices moved downwards on Friday amid reports that oil loadings from Russia's Baltic ports were set to rise by 50% this month from December. Hence, Brent crude declined by 81 cents, or 0.9%, to settle at $86.66 per barrel. U.S. WTI crude decreased by $1.33, or 1.6 %, to settle at $79.68 a barrel.

read more... 30/01/2023

news