The price of Russian Ural oil fell to $52 (CZK 1,220) a barrel on Thursday, according to data from trading company Argus Media. For comparison, a barrel of Brent North Sea oil was sold on the same day for $85 (1990 CZK). Russian oil has long been discounted against Brent, which is mainly used by … Read more
ANP extension ANNOUNCEMENTS•today, 17:45 The Cabinet will have to diligently seek many billions over the next few months to bring finances back into balance. The announced energy support, like the price cap, weighs heavily on the balance sheet. Furthermore, rising interest rates mean the government could lose more than €9 billion more a year. This … Read more
News from the NOS•today, 09:49 Marleen de Rooy Political journalist Marleen de Rooy Political journalist The cabinet has great difficulty in finding a solution for people who have a common heating boiler, the so-called block heating. Their joint boiler distributes the heat to all residents. The price cap the government has come up with to … Read more
G7 countries will assist Russian oil price tag cap in an energy to suppress the Kremlin’s export earnings and means to finance its war from Ukraineexperiences the Monetary Situations. Finance ministers from the United States, Britain, France, Germany, Italy, Canada and Japan will formally lend their political guidance to the transfer at a digital conference … Read more
“We should last but not least quit the madness in the power markets. And this can only be accomplished many thanks to a European answer,” stated Nehammer. He included that he will attempt to get the leaders of the EU bloc to fix the roof. – In accordance to him, the marketplace in its present-day … Read more