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Daily (02.03.2018): NBP spot gas price hiked by over 125% on Thursday due to freezing weather and high demand

A retreating stock market and fears about rising U.S. crude output contributed to a fall in oil prices on Thursday to two-week lows. Brent crude declined by 3% to end at $63.83 a barrel. WTI futures dropped by 1.1% to close at $60.99 a barrel.

read more... 02/03/2018

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Israel aims to eliminate by 2030 the use of coal, gasoline and diesel

Israel's energy minister declared that the country aims to phase out coal and eliminate gasoline and diesel fuel by 2030.

read more... 01/03/2018

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Norway energy firm has awarded $230 million oil and gas contracts for North Sea

Norway oil and gas operator Wintershall Norge has granted two major subsea contracts for North Sea’s Nova field estimated at around $230 million(£165 million).

read more... 01/03/2018

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Daily (01.03.2018): WTI fell 2.2% on Wednesday due to higher U.S. crude inventories and a hike in gasoline stocks

Oil prices continued to decline on Wednesday after official data showed a larger-than-predicted hike in U.S. crude inventories and an unexpected rise in gasoline stocks. Brent crude was down 85 cents, or 1.3%, at $65.78 a barrel. WTI futures ended 2.2% lower at $61.64 a barrel.

read more... 01/03/2018

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Daily (28.02.2018): UK day-ahead gas price jumped by over 33% on Tuesday due to cold weather and an undersupplied system

Oil prices declined on Tuesday, marking its first fall in five days, due to a firmer U.S. dollar and predictions that upcoming weekly data will indicate a rise in U.S. crude inventories. Brent crude dropped by 1.3% to end at $66.63 a barrel. WTI futures tumbled by 1.4% to close at $63.01 a barrel.

read more... 28/02/2018

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