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Poland detects leak on Druzhba oil pipeline to Germany
Polish pipeline operator Pern said it has detected a leak in the northern leg of the Druzhba crude pipeline between the central Polish city of Plock and the German border.
read more... 13/10/2022
Daiy (12.10.2022): Oil prices declined amid worsening global economic outlook
Oil prices had a bearish evolution on Tuesday, as a result of a worsening prognosis for global economic outlook due to the conflict in Ukraine. Consequently, Brent crude tumbled by 1.9% to $94.29 a barrel, and WTI oil dipped by 1.9% to $89.35 a barrel.
read more... 12/10/2022
Daily (11.10.2022): European carbon contracts fell on Monday due to the collapse of demand in the industrial and energy sectors
After five straight days of gains, crude oil prices fell as weak economic data fueled concerns about a worldwide recession and reduced demand for fuel. Thus, Brent crude decreased by 1.8% to settle at $96.19 a barrel. Meanwhile, U.S. WTI crude ended 1.6% lower at $91.13 a barrel.
read more... 11/10/2022
Daily (10.10.2022): Crude oil prices reached a five-week high on Friday
Crude oil prices rose to a five-week high on Friday after OPEC+ announced supply curbs, easing somehow the fears about an economic slowdown. As such, Brent crude settled 3.7% higher at $97.92 a barrel, while WTI rose by 4.7% to $92.64.
read more... 10/10/2022
Daiy (07.10.2022): British near-term gas soared on Thursday amid ongoing supply concerns
Oil prices had a bullish evolution for a second day in a row, after Opec+ decided to limit production in November. Consequently, Brent crude increased by 1.1% to $94.42 a barrel, and WTI oil rose by 0.7% to $88.45 a barrel.
read more... 07/10/2022