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Daily (16.11.2021): British gas prices increased on Monday as Russia failed to book additional transit capacity through Ukraine
Crude oil prices struggled for direction on Monday amid uncertainty whether crude supplies will increase and demand will be constrained by the recent surge in energy costs and rising COVID-19 cases. Hence, Brent crude softened by 0.2% to settle at $82.05 a barrel. At the same time, U.S. WTI crude added 0.1% to and at $80.88 a barrel.
read more... 16/11/2021
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Lawmakers slam EU support for fossil gas projects undermining Green Deal
Their concern came in response to the EU’s draft list of cross-border energy infrastructure – known as projects of common interest (PCI) – which the European Commission is due to present next week.
read more... 16/11/2021
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Russia says to fulfil contractual gas supply obligations amid Belarus threat
Russia will continue to meet its contractual gas supply obligations with its European customers, the Kremlin said Nov. 12, after Belarusian President Alexander Lukashenko hinted Nov. 11 that Minsk could consider blocking the transit of Russian gas to Europe.
read more... 15/11/2021
Daily (12.11.2021): British gas prices increased sharply on Thursday as Belarusian threat to stop flows to Europe worsened the supply squeeze
Oil prices fluctuated in a choppy trading on Thursday, ultimately increasing modestly after U.S. inflation data sent bond yields and the dollar higher. Hence, Brent crude futures rose by 0.3% to close at $82.87 a barrel. At the same time, U.S. WTI crude ended at $81.59 a barrel, posting a 0.3% gain day-on-day.
read more... 12/11/2021
Greece-Bulgaria gas interconnector IGB faces delays due to supply shortages
Greece confirmed on Wednesday (10 November) delays in the construction of a key gas interconnector linking Greece and Bulgaria (IGB), reported earlier by EURACTIV Bulgaria, but insisted that they were due to supply shortages.
read more... 12/11/2021