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Tag: oil

A jump of more than 2.5% for oil after the Commission

A jump of more than 2.5% for oil after the Commission A jump of more than 2.5% for oil after the Commission

Oil prices are rising sharply after the announcement of the head of the Commission, Ursula von der Leyen, that the countries of the European Union will gradually stop importing Russian oil and refined products. In particular, the Brent July contract strengthened by 2.73% or $ 2.85 and its price is set at $ 108 a […]

A jump of more than 3.5% for oil after the Commission

A jump of more than 3.5% for oil after the Commission A jump of more than 2.5% for oil after the Commission

LAST UPDATE 11:35 Oil prices are rising sharply after the announcement of the head of the Commission, Ursula von der Leyen, that the countries of the European Union will gradually stop importing Russian oil and refined products. In particular, the Brent July contract strengthened by 3.61% or $ 3.79 and its price is set at […]

More than 3.5% jump for oil after the Commission – Rally for gas

More than 3.5% jump for oil after the Commission – Rally for gas A jump of more than 2.5% for oil after the Commission

LAST UPDATE 13.54 Oil prices are rising sharply after the announcement of the head of the Commission, Ursula von der Leyen, that the countries of the European Union will gradually stop importing Russian oil and refined products. Particularly, Brent’s July contract It strengthened by 3.74% or $ 3.93 and its price reached $ 108.91 per […]

4% jump for oil after the Commission – Rally for natural gas

4% jump for oil after the Commission – Rally for natural gas A jump of more than 2.5% for oil after the Commission

LAST UPDATE 16.02 Oil prices are rising sharply after the announcement of the head of the Commission, Ursula von der Leyen, that the countries of the European Union will gradually stop importing Russian oil and refined products. Particularly, Brent’s July contract It strengthened by 3.97% or $ 4.17 and its price is set at $ […]

Von der Leyen: Proposes embargo on Russian oil by EU countries

Von der Leyen: Proposes embargo on Russian oil by EU countries Von der Leyen: Proposes embargo on Russian oil by EU countries

LAST UPDATE 11:19 European Union countries will stop importing Russian oil and refined products, the head of the Commission announced, proposing a new, sixth package of sanctions against Russia for its invasion of Ukraine. “We will gradually phase out the supply of Russian crude oil within six months and refined products by the end of […]

EU: Commission also formally proposes embargo on Russian oil

EU: Commission also formally proposes embargo on Russian oil EU: Commission also formally proposes embargo on Russian oil

The European Commission is proposing sanctions on Russia’s oil exports over its invasion of Ukraine, officials confirmed to the German news agency on Tuesday. The sixth package of EU sanctions in Moscow will prohibit European companies from buying Russian oil and provides for a gradual cessation of consumption by member states. The measure will be […]

WTI consolidates at the $104.50 zone

WTI consolidates at the $104.50 zone WTI consolidates at the 4.50 zone

WTI is consolidating at $104.50, near the middle of its recent short-term range of $100-$108. Traders continue to juggle the bearish theme of China lockdown concerns and the bullish theme of the EU-Russia oil embargo. Since the start of the European session on Tuesday, first month WTI futures have been oscillating between lows in the […]

Slovakia: We need an exemption from the embargo on Russian oil – A total ‘no’ from Hungary

Slovakia: We need an exemption from the embargo on Russian oil – A total ‘no’ from Hungary Slovakia: We need an exemption from the embargo on Russian oil – A total ‘no’ from Hungary

Slovakia will ask for an exemption from any form of embargo on Russian oil, which could be included in the next package of European Union sanctions against Russia for its invasion of Ukraine, the Slovak Economy Ministry said on Tuesday. “If we end up approving an embargo on Russian oil as part of a wider […]

Borrell: Other Russian banks will also be excluded from SWIFT

Borrell: Other Russian banks will also be excluded from SWIFT Borrell: Other Russian banks will also be excluded from SWIFT

The European Union’s sixth package of sanctions against Russia will include the exclusion of “other banks” from the SWIFT trading system, its High Representative for the Common Foreign and Security Policy, Joseph Borrell, told a news conference on Monday. granted to Panama. The sanctions will affect, inter alia, the “banking sector”, in particular “there will […]

Oil closed with gains amid supply concerns

Oil closed with gains amid supply concerns Oil closed with gains amid supply concerns

Oil prices closed in positive territory on Monday amid concerns that supply could be curtailed by a possible European embargo on Russian oil. In particular, Brent for July delivery added 44 cents or 0.4% to $ 107.58 a barrel, while US crude for June delivery WTI gained 48 cents or 0.5% and closed at $ […]