Category : Energy

May 23, 2018 - 3:18:16 AM

Russian gas sales to EU hit record high

European countries boosted imports of Russian gas to unprecedented levels in April with overall supplies in 2018 expected to climb above 200 billion cubic meters for the first time ever, ignoring the impact of strained relations.

May 22, 2018 - 5:07:59 AM

Oil closes in on US$72 as US, China reach trade truce

OIL advanced near US$72 a barrel as an economic truce between the United States and China eased fears of a trade war, and before a meeting on crude prices between the ministers of top producers Russia and Saudi Arabia.

May 22, 2018 - 5:06:41 AM

US likely to slap tough oil sanctions on Venezuela

Venezuelan President Nicolas Maduro won re-election to another six-year term on Sunday, despite widespread anger over the South American country's crushing economic and social crises.

May 21, 2018 - 6:01:06 AM

$100 Oil Is One Explosion Away

Jody Chudley : "If you wake up tomorrow and oil prices have spiked to $100 per barrel, here is what will have happened."

May 17, 2018 - 5:45:03 AM

Europe to ditch US dollar in payments for Iranian oil

The European Union is planning to switch payments to the euro for its oil purchases from Iran, eliminating US dollar transactions, a diplomatic source told RIA Novosti.

May 16, 2018 - 7:11:34 AM

Get ready for $100 a barrel oil and the conflict it represents

The geopolitical risk premium in oil has driven crude prices to nearly four-year highs and shows no signs of abating.

May 15, 2018 - 7:10:18 AM

Gasoline prices could see summer spike, with prices at 4-year highs and record demand

Gasoline prices are expected to reach $3 as a national average for unleaded gasoline this summer, a four year high.

May 10, 2018 - 7:08:40 AM

Oil Prices Reach Highest Level Since 2014

Oil prices rose to their highest level since November 2014 faced with geopolitical tensions in the Middle East.

May 10, 2018 - 6:35:23 AM

Oil price tops $77 after US withdrawal from Iran deal

The price of crude oil has risen to an almost three-year high, following US President Donald Trump's unilateral decision.

May 10, 2018 - 6:32:52 AM

Why Russian gas is critical for the UK

Although some companies have learned to ride the waves of geopolitics quite efficiently, still in most cases political tensions only complicate the dealings of energy companies.

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