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Daily (04.01.2018): UK day-ahead gas price fell 2.1% on Wednesday on milder weather and high wind generation
Oil prices surged by about 2 percent on Wednesday to the highest in 2-1/2 years, with purchasing stimulated by a sixth day of unrest in OPEC member Iran and strong economic data from the United States and Germany. International benchmark Brent crude futures ended up $1.27 a barrel, or 1.9 percent, to $67.84 a barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures settled at $61.63 a barrel, up $1.26, or 2.1 percent.
read more... 04/01/2018
Gas exports to Europe via Norway’s pipeline hit a record high in 2017
Gas exports to Europe through Norway’s pipeline attained a record high in 2017, according to preliminary data collected from the country’s offshore gas systems operator Gassco.
read more... 03/01/2018
New segment of China-Russian oil pipeline starts operation
The second section of the China-Russia oil pipeline launched its operations. This led to an increase in China’s annual imports of Russian gas from 15 million to 30 million tonnes per year.
read more... 02/01/2018
Daily (28.12.2017): UK gas price for delivery in January 2018 dipped on Wednesday due to forecasts of milder weather
Oil prices fell on Wednesday, as a rally ran out of momentum a session after crude attained a near 2-1/2-year peak on supply outages in Libya and the North Sea.
read more... 28/12/2017
China becomes the second biggest LNG importer in 2017
China will turn into the world’s second-largest importer of liquefied natural gas (LNG) in 2017 behind Japan, as it surpasses South Korea.
read more... 26/12/2017