Tag: energy
Oil prices extended their gains to more than 7% during Thursday’s trading, with US crude breaking the $102 per barrel barrier, amid fears of a supply shortage. Crude’s performance follows warnings from the International Energy Agency that markets could lose 3 million barrels per day of Russian oil and refined products starting in April. The […]
European Forex news roundup: Dollar weakens, pound rises alongside BOE The market had some mixed tones in the session as we continue to digest the post-Fed sentiment, while Russia-Ukraine talks are also ongoing. The dollar has yet to really take off, as it has seen a slight retreat across the board, with EUR/USD rising from […]
Oil prices fell more than 7% in trading today, Tuesday, to record Brent crude, the level of $ 99 a barrel, with the release of the monthly OPEC report. OPEC kept estimates of global oil demand and supply growth unchanged this year, but noted that the war in Ukraine was accelerating inflation and could hurt […]
The German city of Hamburg intends to become the green hydrogen center in Europe, consolidating its position as a leader in the field of hydrogen. Within this framework, the Hamburg Ministry of Economy and Innovation presented its green hydrogen import strategy, including an action plan to pave the way for the large-scale import of hydrogen […]
The EIA predicts that US natural gas production will continue to rise until 2050. According to the US Energy Information Administration, US natural gas production is expected to increase through 2050 due to rising demand from US natural gas exports, particularly for liquefied natural gas. The EIA forecasts a nearly 25% increase in annual US […]
Oil prices raised their gains by more than 4% in Tuesday’s trading, with Brent crude rising above $129, amid fears of official sanctions on Russian oil and fuel exports, raising concerns about the availability of supplies. On Monday, oil prices ended more than 4% higher, trimming their gains after touching the highest level since July […]
Despite rising global prices, the price of natural gas in the United States is falling due to warmer forecasts. Natural gas futures in the United States fell on Monday as forecasts for less cold weather and lower heating demand next week eased. Despite rising global oil and gas prices, demand for US liquefied natural gas […]
Once again, gas prices in Europe jumped to new records; Where the price on the European stock exchanges broke records for the fourth consecutive day; Exceeding $3,600 per 1,000 cubic metres. The price of gas has risen more than 67% since the beginning of trading, while the price of April futures contracts, according to the […]
Oil Prices Rise 5%.. Brent Crude Is Above $115 Oil prices consolidated their gains by about 5% during trading on Friday, with Brent crude rising above $115, amid fears of Western sanctions that could hamper Russian oil exports, outweighing the possibility of an increase in Iranian supplies. Global stocks fell, and oil prices rose amid […]
European Forex news roundup: The euro continues to struggle in mixed trading. The atmosphere is tepid and uneven today, as the Russia-Ukraine conflict clouds continue to hang over markets. The upbeat tone from yesterday has faded, but there are no indications of larger concerns in the action thus far. European indices are mainly down, with […]
