LAST UPDATE: 11.34 The intense oil rally raises prices above $ 114 a barrel, as buyers avoid Russian crude after the invasion of Ukraine, while the OPEC + team does its best to ignore the war, which started one of the key of its members. The WTI April delivery is up 2.72% at $ 113.58 […]
Tag: oil
Reaches $ 120 for oil – Record at 198 euros for gas
LAST UPDATE: 17.15 The intense oil rally leads to prices as high as $ 120 a barrel, as buyers avoid Russian crude after the invasion of Ukraine, while the OPEC + team is doing its best to … ignore the war, which started a by its key members. In particular, the April delivery WTI is […]
Frenzy rally for oil – At a high of more than 10 years the American crude
The frantic oil rally continued on Wednesday, as Russia’s ongoing and escalating attack on Ukraine heightens fears of possible shortages, despite yesterday’s commitment by the International Energy Agency (IEA) member states to release 60 million troops. stocks to ease market pressures. Today’s rally was fueled by the decision of OPEC +, a group in which […]
US: Unexpected drop in oil stocks
US crude inventories fell unexpectedly in the last week as the market expected to rise, while inventories of gasoline and other fuels also declined. In particular, according to data released on Wednesday by the US Energy Information Administration (EIA), crude oil reserves fell by 2.6 million barrels and fell to 413.4 million. Thus, according to […]
Germany is releasing part of its national oil reserves
The German government has said it is releasing some of its national oil reserves in a bid to stabilize the oil market and ease pressure on crude prices from the Russia-Ukraine war. According to Reuters, the German Minister of Economy stated that 434,000 tons of oil will be released from the country’s national reserves. According […]
The share of Saudi Aramco is at record highs due to the Russian invasion of Ukraine
The share price of the Saudi oil giant Aramco broke a high record today since its entry into the stock market at the end of 2019, in a context of a spike in oil prices due to the Russian invasion of Ukraine. Aramco’s stock traded at 42.9 riyals (about 10.3 euros) in Riyadh today, according […]
Over $ 110 a barrel of oil (upd)
LAST UPDATE 09:38 The oil price exceeded $ 110 a barrel before the OPEC + meeting, as the International Energy Agency warned that global energy security is under threat after the Russian invasion of Ukraine. Futures in London and New York rose above this limit, with the WTI reaching its highest level since 2013. Brent […]
Over $ 112 a barrel in oil (upd)
LAST UPDATE 09:48 The oil price exceeded $ 110 a barrel before the OPEC + meeting, as the International Energy Agency warned that global energy security is under threat after the Russian invasion of Ukraine. Futures in London and New York rose above this limit, with the WTI reaching its highest level since 2013. Brent […]
Over $ 112 oil – 50% ferocious jump for gas (upd)
LAST UPDATE 11:34 Energy prices are rising sharply, with oil surpassing $ 110 a barrel, while natural gas sees its price skyrocket by more than 50 percent intra-conference. For its part, the International Energy Agency has warned that global energy security is under threat following the Russian invasion of Ukraine. In particular, in terms of […]
Over $ 112 Oil – 50% Beastly Jump for Gas
LAST UPDATE 11:34 Energy prices are rising sharply, with oil surpassing $ 110 a barrel, while natural gas sees its price skyrocket by more than 50 percent intra-conference. For its part, the International Energy Agency has warned that global energy security is under threat after the Russian invasion of Ukraine. In particular, in terms of […]
