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Gas supply for 2023 remains at risk
Europe has successfully refilled its gas storage facilities to almost full capacity ahead of winter but the outlook for next year remained precarious, the head of European gas at Energy Aspects said on Monday.
read more... 25/10/2022
Slovak government plans energy price cap, tying it to tough budget vote
Slovakia will cap energy prices for companies in the first quarter of the next year to ease the impact of soaring bills, Prime Minister Eduard Heger said on Monday as he aims to shore up the minority government's chances of pushing through a 2023 budget.
read more... 25/10/2022
Daily (24.10.2022): Oil prices rose on Friday on expectations of higher Chinese demand
Oil prices rose on Friday as expectations of higher Chinese demand and a falling dollar mitigated fears about a worldwide economic recession and the effect of rising interest rates on consumption. Thus, Brent crude settled 1.2% higher at $93.50 a barrel, WTI crude traded 0.6% higher at $85.05.
read more... 24/10/2022
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Hungary will not agree to EU gas price cap, will need exemption
Hungary will not agree to an EU price cap on imported gas because it would end Russian deliveries, a senior aide to Prime Minister Viktor Orban said, adding that if the EU decides on a cap it would have to exempt Hungary, as it did for oil.
read more... 24/10/2022
EU leaders ask for more detailed work on gas price caps
EU leaders want the European Commission to propose a detailed gas price cap for the TTF hub and to work on a price cap on gas used for power generation, they said on Friday.
read more... 24/10/2022