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Daily (22.11.2019): WTI crude hit a 2-month high on Thursday, on potential extension of OPEC+ crude cuts and optimism around China-U.S trade talks

Crude oil prices traded higher on Thursday reaching their highest level in two months, as OPEC and its allies will most probably extend oil supply cuts until June. The news about China’s intention to invite U.S. to a second round of trade negotiations also supported the bullish trend. Hence, Brent crude rose by 2.5% to $63.97 a barrel. WTI futures climbed 2.8% to $58.58 a barrel.

read more... 22/11/2019

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Ship with American liquefied gas for Ukraine arrives in Poland

A ship carrying liquefied natural gas (LNG) from the US and destined for Ukraine arrived at the Polish LNG terminal in Świnoujście on November 19, the US Embassy in Kyiv announced.

read more... 22/11/2019

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Gazprom completes gas filling on TurkStream pipeline

Russia’s Gazprom has completed filling the TurkStream pipeline with natural gas, ahead of its upcoming commissioning, Kallanish Energy reports.

read more... 22/11/2019

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Audax Renovables and Innogy signed a 100 GWh PPA in Spain

Spanish utility Audax Renovables S.A. has signed a Power Purchase Agreement (PPA) with German energy group Innogy SE regarding the supply of green power from Innogy’s 50 MW »Alarcos« solar farm.

read more... 22/11/2019

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Daily (21.11.2019): The 3.3% hike in WTI crude due to a lower-than-predicted growth in U.S crude inventories lent support to the entire energy complex

Oil prices increased on Wednesday following a report indicating that U.S crude inventories rose lower than expected. Moreover, Russia promised to continue its cooperation with OPEC to maintain a balanced oil market. Brent crude jumped by 2.5% to $62.40 a barrel. WTI crude climbed by 3.3% to $57.01 a barrel.

read more... 21/11/2019

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