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OPEC decision to hold virtual meeting signals little likelihood of policy change, cap on Russian oil awaited
The OPEC+ decision to hold its Dec. 4 meeting virtually signals little likelihood of a policy change, a source with direct knowledge of the matter told Reuters on Wednesday.
read more... 30/11/2022
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Eastward gas flows drop on Yamal-Europe pipeline, flows via Ukraine hold steady
Eastbound gas flows fell on Wednesday morning on the Yamal-Europe pipeline to Poland from Germany, while Russian flows through Ukraine to Europe were steady, pipeline operator data showed.
read more... 30/11/2022
Daily (29.11.2022): Brent crude lost 0.5% on Mondy as unrest in China clouds demand outlook
Crude oil prices diverged on Monday. Brent crude declined by 0.5% to settle at $83.19 a barrel amid fears about a new global recession and fading oil demand. In contrast, U.S. WTI crude increased by 1.3% to close at $77.24 a barrel, spurred by talk of an OPEC+ production cut that offset concerns about severe COVID-19 curbs in China.
read more... 29/11/2022
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Ukraine's Naftogaz asks USAID for help with gas for heating
Ukrainian energy company Naftogaz has asked the United States Agency for International Development (USAID) to help with additional natural gas volumes for the heating season, Oleksiy Chernyshov, the company's chief executive said on Monday.
read more... 29/11/2022
Nord Stream updates Russia-Germany pipeline outage end-date to April next year
Nord Stream AG, the operator of the Russia-led Nord Stream 1 gas pipeline, on Monday updated the end date of the unplanned outage at the Greifswald exit in Germany to April 1, next year.
read more... 29/11/2022