Oil and gas prices hit a new high on Wednesday as developments on the Russian-Ukrainian war front raised fears of possible global energy supply problems. The rise in oil prices today was fueled by reports that the US and the EU on tomorrow, the first day of the two-day Summit of European Leaders, which will […]
Tag: oil
At a high of more than two weeks of argon – New ‘jump’ for gas prices
Oil and gas prices hit a new high on Wednesday as developments on the Russian-Ukrainian war front raised fears of possible global energy supply problems. The rise in oil prices today was fueled by reports that the US and the EU on tomorrow, the first day of the two-day Summit of European Leaders, which will […]
The crucial decisions for the economy within the week
By Tasos Dasopoulos The extension of the “umbrella” of protection of Greek bonds until 2024 and the decisions for a common European stance on gas supplies, measures to support economies and a common defense policy, are on the agenda of two important international meetings this week. The first will take place in Frankfurt. At its […]
BofA’s nightmare scenario for oil over $ 200
World Bank chief Francisco Blanch expects oil prices to jump to $ 150 a barrel by summer, and does not rule out a possible “bad scenario” in which European countries could exceed $ 200 a barrel. impose sanctions on Russian crude. In particular, speaking to Bloomberg Surveillance, the chief analyst at BofA said that “the […]
Moscow warns of collapse of world oil and gas market if sanctions are imposed
Russian Deputy Prime Minister Alexander Novak said today that world oil and gas markets could collapse if sanctions were imposed on Russian energy exports, and that rising prices would be unpredictable. According to Reuters, speaking in the lower house of the Russian parliament, Novak also said that the freezing of the Russian gas pipeline Nord […]
Oil prices are on an upward trajectory
Oil prices rose sharply as falling US stocks raised concerns about supply in the midst of a blow to Russian exports from economic sanctions. Brent futures rose $ 1.77, or 1.53%, to $ 117.25 a barrel, after falling 14 cents in the previous session. US WTI rose $ 1.51, or 1.38%, to $ 110.78 a […]
Oil is once again approaching $ 120 – New rise of 17% in gas as well
LAST UPDATE 15:11 Both crude and natural gas prices are rising again. In particular, oil prices are rising again as falling US stocks have raised concerns about supply in the midst of a blow to Russian exports from economic sanctions. Brent crude was up $ 3.89, or 3.37%, at $ 119.47 a barrel, after falling […]
Brent climbed above $ 120, with $ 115 flirting with WTI
LAST UPDATE 18:29 Crude oil prices are expanding on Wednesday, following the biggest drop in US inventories announced by the Energy Information Administration, as well as disruptions in oil exports from Russia and Kazakhstan via the CPC pipeline. Brent crude was up $ 6.30, or 5.46%, at $ 121.78 a barrel, after falling 14 cents […]
Fitch raises oil price estimate by $ 30
Fitch has steadily raised its oil price estimates in the medium term, on the basis of the new environment of increased risks created by the Russian invasion of Ukraine. In particular, Fitch now places the Brent price in 2022 at $ 100 the $ 70 a barrel previously projected for 2023 estimates that it will […]
N. Androulakis: Reduction of the VAT on oil and a ceiling on the adjustment clause for farmers to endure
The President of PASOK-Movement for Change has been touring in Veria since noon. Earlier, Nikos Androulakis talked to farmers and processors in Kouloura and listened to their concerns about the disasters in their production and the unbearable energy costs they bear. The President of PASOK-Movement for Change reiterated the need to immediately reduce the Special […]
