Prices
![Prices](/cache/12-19/PRICE-65.111db54c.jpg)
2019, December, 25, 14:30:00
RUSSIA'S GAS IS CHEAPER
Gazprom is showing that the strategy chosen for 2020 -- and potentially over the longer term -- is to defend its market share in Europe by flooding the Continent with cheap gas, send alternative sources of supply, in particular LNG, out of the money, traders told
![Prices](/cache/12-19/GAS-174.e0ff9794.jpg)
2019, December, 25, 14:05:00
UKRAINE'S TARIFF FOR RUSSIA'S GAS
Ukraine is a key transit route for Russian piped gas exports to Europe and the existing deal between the two post-Soviet countries expires at the end of 2019.
![Prices](/cache/12-19/PRICE-64.22afb952.jpg)
2019, December, 23, 13:45:00
OIL PRICE: NEAR $66
Brent was down 22 cents, or 0.33%, at $65.92 per barrel, WTI was down 25 cents, or 0.41%, at $60.19 a barrel
![Prices](/cache/12-19/ENERGY-105.92ff1262.jpg)
2019, December, 23, 13:00:00
DEAD ENDS IN THE ENERGY TRANSITION
If your business case depends on the cost of energy or the cost of storage remaining where they are, ask yourself, what if the cost goes down 50%? That’s only 3 years of decline at 20%/year.
![Prices](/cache/12-19/PRICE-62.e64b61ae.jpg)
2019, December, 20, 10:40:00
OIL PRICE: ABOVE $66
Brent were up 5 cents, or 0.08%, to 66.59 a barrel, WTI was down 8 cents, or 0.13%, at $61.10 per barrel.
![Prices](/cache/12-19/PRICE-60.d556b3bd.jpg)
2019, December, 18, 13:50:00
OIL PRICE: ABOVE $65 ANEW
Brent dropped 41 cents, or 0.6%, to $65.69 a barrel, WTI fell 52 cents, or 0.9%, to $60.42 per barrel.
![Prices](/cache/12-19/PRICE-56.940b35c9.jpg)
2019, December, 16, 14:00:00
OIL PRICE: ABOVE $65
Brent 17 cents or 0.3% to $65.39 a barrel, WTI was up 10 cents or 0.2% to $60.17 a barrel.
![Prices](/cache/12-19/PRICE-54.c3839303.jpg)
2019, December, 16, 13:30:00
IEA: OIL DEMAND UP 0.9 MBD
Global oil demand increased by 900 kb/d y-o-y in 3Q19, the strongest annual growth in a year. Nearly three-quarters of the growth occurred in China.
![Prices](/cache/12-19/CLIMATE-12.f305107b.jpg)
2019, December, 16, 13:20:00
GERMANY'S CARBON PRICE UP TO €25
The government sources said the carbon price would now increase annually, hitting 55 euros in 2025.
![Prices](/cache/12-19/PRICE-52.f921c838.jpg)
2019, December, 13, 11:10:00
OIL PRICE: ABOVE $64
Brent climbed 47 cents, or 0.7%, to $64.67 a barrel, WTI was up 34 cents, or 0.6%, to $59.52 a barrel,
![Prices](/cache/12-19/china-260.9b5edb23.jpg)
2019, December, 13, 10:45:00
CHINA'S GAS CONSUMPTION UP TO 320 BCM
Gas consumption this year is seen exceeding 300 bcm, up 9% from 2018, Jiang Xuefeng, vice chairman at CNPC’s Economics and Technology Research Institute (ETRI), said at a briefing in Beijing on Thursday.
![Prices](/cache/12-19/PRICE-49.b95cbd0b.jpg)
2019, December, 11, 10:55:00
OIL PRICE: NEAR $64 YET
Brent fell by 44 cents, or 0.7%, to $63.90 per barrel, WTI slipped by 33 cents, or 0.6%, to $58.91 a barrel
![Prices](/cache/12-19/PRICE-47.25306e8c.png)
2019, December, 11, 10:45:00
OIL PRICES 2019-20: $64-$61
Brent crude oil spot prices averaged $63 per barrel (b) in November, up $3/b from October. EIA forecasts Brent spot prices will average $61/b in 2020, down from a 2019 average of $64/b. EIA forecasts that West Texas Intermediate (WTI) prices will average $5.50/b less than Brent prices in 2020. EIA expects crude oil prices will be lower on average in 2020 than in 2019 because of forecast rising global oil inventories, particularly in the first half of next year.
![Prices](/cache/12-19/CARBON-3.16a68736.jpg)
2019, December, 11, 10:30:00
CARBON PRICES FOR CLIMATE
“Well-designed carbon pricing instruments can be a transformative part of the climate action toolkit. Over half of countries worldwide are thinking about how carbon pricing can help them meet their climate targets”, said Laura Tuck, Vice President of Sustainable Development, World Bank.
![Prices](/cache/12-19/CLIMATE-11.f1cd492b.jpg)
2019, December, 11, 10:25:00
GREAT CLIMATE AMBITION
The largest-ever group of investors has called on governments to phase out thermal coal power worldwide, put a price on carbon, end subsidies for fossil fuels, and strengthen nationally-determined contributions. The 631 institutional investors managing more than USD37 trillion in assets urged governments to step up efforts to tackle the global climate crisis and achieve the goals of the Paris Agreement, in a joint statement issued yesterday at the United Nations COP25 climate summit.