Russia and Ukraine Reject Gas Transit Deal, Sparking European Energy Crisis Table of Contents Russia and Ukraine Reject Gas Transit Deal, Sparking European Energy Crisis Russia-Ukraine Transit Deal Collapse: Europe Faces Winter Energy Crunch Understanding the Breakdown Immediate Impact on Energy Markets Securing Alternative Supplies Broader Geopolitical Implications The end of a crucial gas transit … Read more
Oil Prices Tumble on Global Economic slowdown West Texas Intermediate (WTI) crude oil futures concluded Tuesday, December 17th, with a second consecutive day of losses, closing at $70.08 per barrel – a decrease of 0.89%. This decline reflects growing investor anxieties surrounding a potential slowdown in global oil demand. The concurrent drop in Brent crude, … Read more
oil prices Dip Amidst Weak Chinese Spending and Fed Meeting Anticipation Table of Contents oil prices Dip Amidst Weak Chinese Spending and Fed Meeting Anticipation Oil Market Eyes API Report Ahead of EIA Data Oil Prices Retreat as China’s Economic Slowdown and Fed Meeting Loom Oil prices took a tumble on Monday, December 16th, as … Read more
Oil Prices Hold Steady Amid Global Developments and Chinese Stimulus Table of Contents Oil Prices Hold Steady Amid Global Developments and Chinese Stimulus Oil Prices Stabilize Amid Geopolitical Tensions and Market Dynamics Oil prices remained steady on Tuesday, maintaining the gains achieved the previous day, driven by the fall of Bashar al-Assad’s regime in syria … Read more
On Monday, December 9, the global oil market witnessed a meaningful uptick, with West Texas Intermediate (WTI) crude oil futures in New York closing over 1% higher. This surge was propelled by a confluence of geopolitical tensions and economic policy shifts. The ouster of syrian President bashar Al-Assad and China’s announcement of a monetary policy … Read more
The global oil market is on edge as tensions rise in the Middle east,notably in Syria. Experts are warning of potential price swings as the geopolitical landscape shifts. Simon Aloysius Mantiri, President Director of Indonesia’s state-owned energy giant Pertamina, acknowledged the complex factors at play. “The geopolitical situation, especially in the Middle East, is indeed … Read more
Friday November 15, 2024 at 08:45 Automobile: The EU is imposing strict quotas on thermal cars from 2025, threatening manufacturers with heavy fines. Several countries, including… Thursday November 14, 2024 at 10:30 p.m. Closing price: Oil prices hesitated on Thursday, ending up thanks to a technical rebound but still weighed down… Thursday November 14, 2024 … Read more
Singapore. Oil prices fell more than $3 a barrel in early Monday after Israel’s retaliatory attack on Iran over the weekend avoided Tehran’s nuclear and crude oil facilities and did not disrupt energy supplies, easing geopolitical tensions in the Middle East. Both Brent and West Texas Intermediate (WTI) reached their lowest levels since October 1 … Read more
London: Oil prices stabilize on Wednesday, after a turbulent start to the week, showing a small increase due to a slight drop in commercial reserves of American crude. Around 10:20 a.m. GMT (11:20 a.m. CET), the price of a barrel of Brent BRENT Brent, or North Sea crude, is a variation of crude oil serving … Read more
London: Oil prices fell on Monday, investors not seeing the economic measures announced on Saturday by Beijing having a real influence on the demand for Chinese crude, in the grip of an economic slowdown. Around 9:30 a.m. GMT (11:30 a.m. CET), the price of barrel of Brent BRENT Brent, or North Sea crude, is a … Read more