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Daily (21.01.2020): Crude oil hits the highest level in a week due to supply disruption in Libya

Crude oil prices climbed to their highest level in more than a week on Monday, due to a halt in the crude production at two large Libyan oilfields after forces loyal to commander Khalifa Haftar closed a pipeline, bringing back the focus on supply risks.

read more... 21/01/2020


Daily (20.01.2020): NBP spot down 1% on Friday as robust supply offset colder weather forecasts

Crude oil futures posted modest gains on Friday due to a sluggish economy in China, intensifying worries about fuel demand. For the week, prices were slightly down.

read more... 20/01/2020


Daily (14.01.2020): NBP spot 3.7% higher on Monday in a short system

Oil prices settled down for a fifth session in a row on Monday as traders evaluated the possibility of an oversupply in crude amid fading geopolitical tensions in the Middle East. Brent crude for March delivery declined by 78 cents, or 1.2% to settle at $64.20 a barrel. WTI, the US crude benchmark, settled down 96 cents, or 1.6%, to end at $58.08 per barrel.

read more... 14/01/2020


Daily (08.01.2020): Crude oil down 1% on Tuesday on reduced fears of an eventual crude supply squeeze

Crude oil prices fell about 1% on Tuesday, recording the first decline in four sessions, dragged down by reduced fears of an eventual crude supply disruption in the Middle East after the U.S. killed an Iranian general last Friday.

read more... 08/01/2020


Greece, Israel, Cyprus, move to build East Med gas pipeline

The governments of Greece, Israel and Cyprus have signed an agreement to build a pipeline that could supply Europe with 4 percent of its annual gas needs by the middle of the decade.

read more... 06/01/2020