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Don’t roll out the barrels: Oil prices fall in view of slow recovery

Oil prices were down on April 24 as traders believe economic recovery will be slower than expected hurting global oil demand. A decision by...

World better prepared for Russian energy weapon in 2023

China’s demand for energy, the amount of Russian oil that will be cut from global supply will be key factors which will determine where the oil price trades in 2023.

Russia’s invasion of Ukraine boosts East Med region role in EU energy security

In light of Russia’s invasion of Ukraine and EU’s renewed effort to cut reliance on Russia, the East Mediterranean could play an increased role...

Kazakhstan’s Tokayev unveils major political and socio-economic reforms

Kazakhstan’s President Kassym-Jomart Tokayev unveiled on March 16 a large-scale program of political reforms and several socio-economic measures to be implemented soon. The aim...

After Russian hammer in Ukraine, sanctions talk brings sickle to oil prices

Oil prices slipped on February 25 after sharp rises early in the session as traders were concerned that sanctions against Moscow following Russia’s invasion...

EU wants gas, nuclear energy classified green, sustainable

The European Commission proposed on December 31 that natural gas and nuclear energy be included in the so-called EU taxonomy as sustainable energy sources.According...

The Year of Good Energy?

The Covid pandemic, geopolitics, climate change, energy and the economy are likely to be key issues in 2022.“What we have to have when we’re...

Gazing into the Energy Crystal Ball for 2022

The Covid pandemic and geopolitical issues are likely to be key issues for the energy prices in 2022.“What we have to have when we’re...

High gas prices push up electricity cost in EU

High energy prices in recent months have drawn attention from the European Commission, highlighting the importance of energy security, especially in times when global...

Oil climbs as OPEC+ may delay further supply recovery if there is a slump in demand

Oil prices climbed on December 3 after the Organization of the Petroleum Exporting Countries (OPEC), and oil producing allies led by Russia, a grouping...

Lukashenko would not dare cut gas supplies to EU without Kremlin’s permission

Belarus’ authoritarian President Alexander Lukashenko threatened to cut gas supplies to Europe transiting his country if the European Union imposed further sanctions in response...

Covid recovery, supply chain woes ratchet up oil prices

Oil prices hit multi-year highs this week as Covid recovery and coal, electricity and natural gas shortages are fueling demand for crude.“It has a...

Russia’s hand in Nord Stream 2 could be nightmare alley for EU

The European Union needs to boost energy security and provide alternatives and others, Justin Urquhart Stewart, co-founder of UK Regional Investment Platform Regionally, told...

Oil prices fall on signals Fed will start tapering stimulus measures

Oil prices fell to three-month lows this week due to the signal from the Federal Reserve that it will start tapering stimulus measures and...

China tensions, Iran nuclear talks support oil price hike

Oil prices traded close to a three-year high on June 24, supported by geopolitical tensions, including China and Iran, falling US inventories and prospects...

Gazprom’s TurkStream draws less heat than Nord Stream 2

Gazprom’s TurkStream natural gas pipeline to Turkey and Southeast Europe has drawn less opposition, certainly compared with the controversial Nord Stream 2 from Russia...

In time of pandemic, OPEC+ stands pat, sees oil rebound this year

The Organization of Petroleum Exporting Countries (OPEC) and allies led by Russia, a group known as OPEC+, reportedly maintained its oil output policy at...

Brexit pushes UK to begin own emissions trading system in 2021

Due to Brexit, the UK government said on December 14 it will launch an emissions trading system (ETS) for domestic industry and power generation...

Russia, Saudis push COVID-19 oil supply cuts on OPEC+

Russian President Vladimir Putin and Crown Prince Mohammed bin Salman have urged fellow oil producer countries in OPEC+ to stick to supply cuts agreed...

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