Oil prices climbed by around 1% on Thursday buyout by bullish equities markets and due to strong compliance on supply reductions from members of The Organization of the Petroleum Exporting Countries (OPEC) and partners like Russia.
read more... 30/03/2018
German authorities gave the green light for a new gas pipeline from Russia, risking higher tensions with eastern neighbours worried about European energy reliance on Moscow.
read more... 29/03/2018
Oil prices edged lower on Monday as investors obtained some profits from last week’s hike, but worries about Saudi-Iran tensions kept losses under control.
read more... 27/03/2018
Three quarters of the immense Power of Siberia natural gas pipeline to China has been finished. Gazprom stated that more than 1,629km of piping now goes via Russian territory.
read more... 23/03/2018
Oil prices fell on Thursday because investors booked profits after this week's rally, but ongoing efforts of OPEC and its partners to cut supplies limited losses. Brent crude dropped by 0.8 percent, to close at $68.91 a barrel. WTI futures declined by 1.3% to end at $64.30 a barrel.
read more... 23/03/2018