Latest news
Daily (15.10.2024): Oil prices edged down by over 2%, weighed down by disappointing Chinese economic data
Oil prices dropped by over 2% on Monday, pressured by disappointing Chinese economic data and military exercises launched by Beijing around Taiwan. Brent crude closed at $77.46 per barrel, while WTI crude settled at $73.83 per barrel.
read more... 15/10/2024
.jpg){kind=spacer}
Government urged to approve Sizewell C without delay
The leaders of two major UK unions, Prospect and GMB, are urging Prime Minister Keir Starmer to quickly approve the Final Investment Decision (FID) for the Sizewell C nuclear power station in Suffolk.
read more... 15/10/2024
.jpg)
OPEC cuts 2024, 2025 global oil demand growth view again
OPEC on Monday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also lowered its projection for next year, marking the producer group's third consecutive downward revision.
read more... 15/10/2024
More transparency on Russian gas imports sought by EU countries
A group of EU countries including France and the Baltic states have asked the European Commission to tighten reporting rules across the bloc on Russian LNG imports, a letter sent to the commission on Monday showed.
read more... 15/10/2024
Daily (14.10.2024): Oil prices edged lower on Friday amid U.S. economic concerns and forecasts for an increase in supply
Oil prices slipped on Friday, following the release of unfavourable U.S. economic data and the prospect of abundant production in the coming months. Brent crude fell by 0.5%, closing at $79.04 per barrel, while WTI crude dropped by 0.4%, settling at $75.56 per barrel.
read more... 14/10/2024