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Daily (12.05.2023): Oil prices dropped by about 2% on Thursday, undermined by the prospect of renewed Iraqi Kurdish oil exports to Turkey
Oil prices continued losing ground on Thursday, weighed down by the prospect of resumption of Iraqi Kurdish oil exports to Turkey, as well as by a worrying macroeconomic outlook. Thus, Brent crude declined by about 2% to settle at $74.98 a barrel. WTI crude dropped by around 2.3% to $70.87 a barrel.
read more... 12/05/2023
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Ukraine’s electricity exports skyrocket after six-month break
Ukraine exported almost 90,000MWh of electricity last month.
read more... 02/05/2023
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Spain appears to break EU’s Russian coal import embargo
There is convincing evidence that a cargo of Russia-origin coal may have been exported to Spain, thereby undermining an ongoing embargo on Russian coal imports imposed last summer, according to a Montel investigation.
read more... 28/04/2023
Daily (28.03.2023): British gas prices moved upwards on Monday amid cold weather, ongoing strikes in France
Oil prices increased on Monday as a result of Iraq being forced to stop some crude exports from its semi-autonomous Kurdistan region and as a result of actions taken to prevent a potential banking crisis that could have negatively impacted oil demand. Brent crude futures soared by $3.13, or 4.17%, to settle at $78.12 a barrel. U.S. WTI crude gained $3.63, or 5.24%, to end at $72.89.
read more... 28/03/2023
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US crude oil exports hit record high in 2022, EIA data shows
U.S. crude oil exports hit a record high in 2022 as releases from the Strategic Petroleum Reserve (SPR) nearly matched the increase in domestic output to boost U.S. supply to countries looking to replace Russian crude.
read more... 16/03/2023