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2018-10-22 11:45:00

UKRAINE'S GAS PRICES UP 23.5%

UKRAINE'S GAS PRICES UP 23.5%

CNBCUkraine announced on Friday it would raise household gas prices by nearly a quarter as Prime Minister Volodymyr Groysman warned that the country risked default if it crashed out of its International Monetary Fund aid program.

Raising gas prices was an IMF requirement and takes the government a step closer to securing another aid tranche before the deal expires next year, when the country heads into back-to-back elections and must service a rising debt burden.

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Tags: UKRAINE, GAS, IMF
Chronicle:
UKRAINE'S GAS PRICES UP 23.5%
2019, June, 14, 10:45:00
21ST AFRICA ENERGY FORUM | 11-14TH JUNE | PORTUGAL
The Africa Energy Forum (AEF) is the global investment meeting for Africa’s power, energy, infrastructure and industrial sectors.
UKRAINE'S GAS PRICES UP 23.5%
2019, June, 13, 16:50:00
OIL PRICE: NOT ABOVE $63 ANEW
Brent crude futures were up $1.91, or 3.18%, at $61.88 a barrel by 1039 GMT, having risen as much as 4.45% to $62.64. U.S. West Texas Intermediate crude futures were up $1.42, or 2.78%, at $52.56 a barrel. WTI earlier rose as much as 3.85% to $53.11.
UKRAINE'S GAS PRICES UP 23.5%
2019, June, 13, 16:45:00
OPEC OIL PRODUCTION 30.09 MBD
In all, OPEC's 14 members pumped 30.09 million b/d in May, a 170,000 b/d fall from April and the lowest since February 2015, before Gabon, Equatorial Guinea and the Republic of Congo joined and Qatar was still a member,
UKRAINE'S GAS PRICES UP 23.5%
2019, June, 13, 16:40:00
GLOBAL ENERGY DEMAND +2.9%
Primary energy consumption grew at a rate of 2.9% last year, almost double its 10-year average of 1.5% per year, and the fastest since 2010.
UKRAINE'S GAS PRICES UP 23.5%
2019, June, 13, 16:35:00
OIL PRICES 2019-20: $67
Front-month Brent crude futures were at $62.56 at 0707 GMT, up 27 cents, or 0.4%, from Monday’s close. U.S. West Texas Intermediate (WTI) crude futures were at $53.75 per barrel, 49 cents, or 0.9%, above their last settlement.
UKRAINE'S GAS PRICES UP 23.5%
2019, June, 13, 16:30:00
OPEC CAUTIOUS ACTIONS
Even so, OPEC said it would tread cautiously. The organization forecast that 2019 oil consumption will rise 1.14 million b/d year-on-year, a downward revision of 70,000 b/d from last month's report, as "significant downside risks from escalating trade disputes spilling over to global demand growth remain."
UKRAINE'S GAS PRICES UP 23.5%
2019, June, 13, 16:25:00
SANCTIONS FOR NORD STREAM 2
Nord Stream 2, a 760-mile (1,225-km) pipeline project to ship gas from Russia under the Baltic Sea to Germany, would double the capacity of the existing Nord Stream pipeline and has divided the European Union.
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