Brent crude slipped by 0.3% to $75.58 a barrel on Friday, pressured by stronger dollar and official EIA data, which showed an increase in US crude stocks. Meanwhile, WTI crude traded 0.4% lower at $71.55 a barrel.
read more... 22/05/2023
The Group of Seven rich nations put support for gas investments back into their communiqué on Saturday (20 May), calling it a “temporary” step as they try to de-couple from Russian energy, in a move climate activists say may hurt climate goals.
read more... 22/05/2023
Despite persistently high energy costs, the government has dismissed the possibility of providing further assistance to households struggling with their bills.
read more... 22/05/2023
Equinor , Shell and Exxon Mobil have agreed a deal with the government of Tanzania for the development of a liquefied natural gas (LNG) export terminal in the East African country, the two sides said on Friday.
read more... 22/05/2023
Oil prices retreated on Thursday after Wednesday’s surge, as a stronger dollar weighed on prices. Hence, Brent crude declined by 1.4% to settle at $75.86 a barrel, while WTI crude traded 1.3% lower at $71.86 a barrel.
read more... 19/05/2023