Crude oil prices moved higher on Wednesday, as the ongoing OPEC+ negotiations boosted investors’ confidence, thus lending support to prices. Hence, Brent oil gained 1.8% to close at $48.25 a barrel and WTI crude ended 1.6% higher at $45.28 a barrel.
read more... 03/12/2020
Croatia’s first floating storage and regasification unit (FSRU) LNG Croatia has reached the terminal site on the Island of Krk.
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Gazprom Export has begun to supply gas to the trading arm of Austria's OMV for delivery into the German market under a new long-term contract, the Russian company said Dec. 2.
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The coal-reliant utility has pledged to shut down all but one of its coal-fired plants by 2023 to help Greece reduce carbon emissions in line with climate targets
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Crude oil futures continued to slip on Tuesday as OPEC's decision to end a meeting on Monday without a decision on its production plans for 2021 and delay a meeting set for Tuesday until later in the week, weighed on prices. Hence, Brent crude lost 0.4% to settle at $47.42 a barrel. At the same time, U.S. WTI crude ended at $44.55 a barrel, posting a 1.7% drop day-on-day.
read more... 02/12/2020