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All publications by tag «RUSSIA»

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2022, September, 28, 12:40:00
OIL PRICE: BRENT ABOVE $86, WTI ABOVE $78
Brent fell $1.02, or 1.2%, to $85.25 per barrel , WTI were down 97 cents, or 1.2%, at $77.53 per barrel.
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2022, September, 28, 12:35:00
EUROPEAN GAS PRICES UP AGAIN
Dutch front-month gas, the European benchmark, rose 11% to 206 euros per megawatt-hour at 8:47 a.m. in Amsterdam. Price increased 7.1% on Tuesday.
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2022, September, 28, 12:30:00
NORD STREAM WAS DAMAGED
The currently out-of-action Nord Stream pipeline system was damaged, with Germany saying it suspected it was an act of sabotage.
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2022, September, 28, 12:25:00
RUSSIA, UKRAINE SANCTIONS
Naftogaz and Gazprom signed in December 2019 a gas transit agreement under ship-or-pay terms, meaning Gazprom is obliged to pay for transit whether it uses it or not.
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2022, September, 27, 16:55:00
OIL PRICE: BRENT ABOVE $85, WTI NEAR $78
Brent was up $1.49, or 1.8%, to $85.55 a barrel, WTI was up $1.37, or 1.8%, at $78.08.
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2022, September, 27, 16:40:00
RUSSIAN OIL FOR CHINA UP
The share of imports from Russia has likely risen because of lower imports into China and shifting trade patterns following Russia’s full-scale invasion of Ukraine. Western economic sanctions have reduced demand for Russian crude oil, and as a result, have left Russia to look for alternative export destinations.
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2022, September, 22, 16:35:00
OIL PRICE: BRENT NEAR $92, WTI NEAR $85
Brent were up 70 cents, or 0.78%, to $90.53, WTI was up 71 cents, or 86%, at $83.65.
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2022, September, 21, 14:15:00
OIL PRICE: BRENT NEAR $93, WTI NEAR $86
Brent rose $2.28, or 2.5%, to $92.90 a barrel, WTI was at $86.16 a barrel, up$2.22, or 2.6%.
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2022, September, 21, 14:05:00
EUROPEAN GAS PRICES UP ANEW
Benchmark futures jumped as much as 10% for a second day of gains. In the latest move to ensure supply, Germany said it will nationalize Uniper SE and avert a collapse of the energy sector with winter just days away.
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2022, September, 21, 14:00:00
INCREASING RUSSIA SANCTIONS
G7 countries have also agreed to finalize a price cap for Russian crude. The US Treasury has indicated that three separate price caps will be introduced -- for crude, high-value refined products and low-value refined products.