Crude oil prices rose slightly on Monday, weighed by general supply concerns and the EU ban on Russian oil, but global recession fears limited the upside. Brent crude increased by 0.9% to $114.13 a barrel.
read more... 21/06/2022
Germany will provide an additional 15 billion euros ($15.8 billion) in credit lines for the purchase of gas to replenish storage facilities, news agency dpa reported on Sunday, citing a paper by the Economy Ministry.
read more... 21/06/2022
Russian pipeline gas flows into France have come to a complete stop since Wednesday, French TSO GRTgaz said on Friday.
read more... 20/06/2022
Crude oil prices increased to their highest levels in over a week in choppy trade on Thursday as traders assessed the prospect of more rate hikes against persistently tight supplies. New sanctions by United States on Iran lent further support. Hence, Brent crude rose by 1.1% to $119.81 a barrel. US WTI crude increased by 2%, to end at $117.58 a barrel.
read more... 17/06/2022
Norway's state-controlled Equinor has agreed to supply an additional 1 Bcm/year to the UK under a new deal with UK utility Centrica, the companies said June 16.
read more... 17/06/2022