LAST UPDATE: 20.15 International oil prices are falling more than $ 3 a barrel as the United States considers releasing up to 180 million barrels of its strategic oil reserves (SPR) over a six-month period to calm calming prices. rising oil. The global benchmark, Brent crude oil delivery June falls 3.19% to $ 107.86 while […]
Tag: oil
ILO member states to decide on the disposal of quantities of crude oil from their stocks on Friday
The member states of the International Energy Agency (IEA) will discuss tomorrow, Friday at 15:00 (Greek time) the possible release of a quantity of oil from their strategic reserves, the New Zealand Ministry of Energy announced today. “The amount of possible joint stock release has not been decided,” said a spokesman for Megan Woods, New […]
The US is weighing the release of new large quantities of crude oil from strategic reserves
The administration of US President Joe Biden is considering releasing 1 million barrels of oil a day for months from its Strategic Petroleum Reserve (SPR), three informed sources in Washington said. The aim is to lower fuel prices. Mr Biden will refer to his administration ‘s actions on energy later today, the White House said, […]
USA: To release new large amount of crude oil from strategic reserves
The administration of US President Joe Biden is considering releasing 1 million barrels of oil a day for months from its Strategic Petroleum Reserve (SPR), three informed sources in Washington said. The aim is to lower fuel prices. Mr Biden will refer to his administration ‘s actions on energy later today, the White House said, […]
Earnings over 3% for Ukraine’s crude oil – ‘Jump’ 8.8% gas
Crude prices rose sharply on Wednesday, as hopes for a diplomatic solution in Ukraine, fueled by yesterday’s statements by negotiators in Kiev and Moscow, faded again before 24 hours had elapsed. It is recalled that after yesterday’s talks between Russia and Ukraine in Istanbul, there was talk of progress in the negotiations that could lead […]
Poland: End of Russian oil from the end of 2022 – End of Russian coal
LAST UPDATE: 13.35 Poland plans to impose an embargo on Russian coal imports by May and stop using Russian oil by the end of 2022, the prime minister said today, as Warsaw cuts its economic ties with Moscow following its invasion of Ukraine. Poland wants its European partners to agree to a pan-European ban on […]
Oil prices are rising after the fall of the previous two days
Oil prices are on the rise at today’s meeting amid falling supply and heightened prospects for new Western sanctions on Russia, even after signs of progress emerged from peace talks between Moscow and Kiev. Brent futures traded up immediately at $ 112.78 a barrel and rose 86 cents, or 0.8%, to $ 111.09, reversing the […]
Oil prices recover after a two-day fall – 14% jump for natural gas
LAST UPDATE 11:50 Oil prices continue to rise amid falling supply and the prospect of new Western sanctions on Russia, even after signs of progress emerged from the Moscow-Kiev peace talks, while gas comes under renewed tensile pressure. for payments in rubles. In particular, brent futures see their price rise to $ 111.73 a barrel, […]
Oil expands profits after two-day drop – Gas rise ‘slows’
LAST UPDATE 18:58 Oil boosted profits on Wednesday, as just a day after the breakthrough that appeared yesterday in the two sides’ talks in Istanbul, today hopes for a diplomatic solution in Ukraine seem to be fading and worries about supply problems are returning. The statement came from Kremlin spokesman Dmitry Peshkov, who said talks […]
Oil expands profits – Rising gas ‘brakes’
LAST UPDATE 18:58 Oil boosted profits on Wednesday, as just a day after the breakthrough that appeared yesterday in the two sides’ talks in Istanbul, today hopes for a diplomatic solution in Ukraine seem to be fading and worries about supply problems are returning. The statement came from Kremlin spokesman Dmitry Peshkov, who said talks […]
