Brent crude slipped on Monday despite many geopolitical risks including U.S. air strike in Iraq, while U.S. crude increased on expectations of a draw in U.S. inventories. Brent crude dropped 34 cents to settle at $104.68 a barrel, while WTI crude rose 43 cents to close at $98.08 a barrel.
read more... 12/08/2014
Ukraine’s gas imports in July 2014 from European Union dropped by 18.1% year on year, or by 49 million cubic meters (mcm) to 221 mcm from about 270 mcm in July 2013, according to the state gas shipper UkrTransGaz.
read more... 12/08/2014
Brent crude oil dropped toward $105 a barrel on Friday following the U.S. military air strikes in Iraq that may diminish the risk of oil supply disruptions from OPEC’s second largest producer, while U.S. crude gained support from reviving stock market. Brent crude rallied to a weekly high of $106.85 earlier in the session, but soon turned negative and settled 42 cents lower at $105.02 a barrel. U.S. crude boosted 31 cents to close at $97.65 a barrel, off an intraday high of $98.45.
read more... 11/08/2014
British natural gas prices for delivery next winter increased by 2 percent Thursday morning, spurred by fears that intensifying tension between Russia and Europe could trigger gas supply disruption later in the year.
read more... 08/08/2014
Turkey is preparing for significant changes in the natural gas sector.
read more... 08/08/2014