Latest news

Daily (23.10.2017): Oil prices rose on Friday due to a sharp drop in Iraqi crude exports

Oil prices increased slightly on Friday in see-saw trade, under pressure from lower U.S. demand but drawing support from a huge drop in Iraqi crude exports due to tensions in the Kurdistan area.

read more... 23/10/2017

news

Daily (13.10.2017): EU carbon prices hit their peak since January 2016, ETS reform talks

Oil prices decreased on Thursday, after the Energy Department announced a larger-than-expected decline in U.S. inventories and a drop in weekly output. The market was influenced by a bearish outlook by the International Energy Agency, which reduced its forecast for oil demand for 2018.

read more... 13/10/2017

news

Daily (12.10.2017): French year-ahead delivery power contract hit a record high, delayed nuclear reactors restarts

Oil prices edged up for the third day on Wednesday as OPEC predictions of higher demand for 2018 and tensions in Kurdistan buyout prices.

read more... 12/10/2017

news

Turkmenistan will allocate $93 billion to oil and gas industry

The President of Turkmenistan Gurbanguly Berdymukhammedov declared its intention to allocate $93 billion to encourage the country’s oil and gas industry, which has been negatively affected by small world prices and Russia’s decreasing demand.

read more... 11/10/2017

news

Daily (04.10.2017): UK gas contracts settled higher on expectations of solid demand

Oil prices dropped on Tuesday as speculators took profits for the second consecutive day after big third-quarter gains and on fears that elevated prices could spur rising U.S. shale output.

read more... 04/10/2017

news