Category : Energy

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.

April 19, 2018 - 6:58:55 AM

European markets set to rally amid earnings; oil prices hit multi-year highs

European markets are set to rise on Thursday morning, as soaring oil prices triggered a broader rally across commodities.

April 18, 2018 - 6:20:36 AM

Oil prices rise on crude supply worry, Wall Street strength

Oil prices rose on Tuesday, as support from the possibility of supply disruptions and a strong equities market offset the effects of profit-taking following last week's rally above three-year highs.

April 10, 2018 - 3:53:09 AM

Higher Oil Prices Boost Saudi Credit Rating

Good news for Saudi Arabia, but hurdles remain.

April 5, 2018 - 8:07:36 AM

The energy industry will likely emerge from any trade war with China unscathed

As the U.S. and China do battle over trade, there's one sector that has been largely left out of the tit-for-tat for now — and that's energy.

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