According to data from Gascade, the Yamal-Europe pipeline which normally sends Russian gas westward into Europe flowed east from Germany towards Poland on Saturday for the 26th consecutive day.
Brent crude oil traded at $85 per barrel on Thursday, nearing two-month highs. This was buoyed in part by the expectation that a strong economic recovery would boost demand. However,
Analysts predict that oil prices will rise further this year after rising 50% in 2021. They believe that a shortage of production capacity and low investment could cause crude to
Due to tight supply and decreasing concerns about potential demand from the Omicron coronavirus variant, oil prices reached two-month highs Wednesday.
According to data from Gascade, the Yamal-Europe pipeline, which normally sends Russian gas westward into Europe, was flowing east from Germany towards Poland for the 13th consecutive day on Sunday.
According to its chief economist, the Bank of England will need to raise interest rates to keep inflation under control.
Oil prices climbed to new multi-year highs Tuesday thanks to a shortage of oil worldwide and strong demand from the United States, which is the largest consumer in the world.
Oil prices reached a three-year high of $85 per barrel on Friday. This was boosted by the forecast of a shortage in the coming months due to the ease of
Oil prices rose by around 2% Monday. This is a result of an energy crisis that grips major economies. It was accompanied by a pickup in economic activity, and restrained
Recent economic data coming from the world’s largest economy, postulate energy demand is expected to relatively gain momentum, particularly this summer with the ease of restrictions in many key economic
LONDON (Reuters) – Benchmark Brent crude oil futures climbed to as high as $34.91 a barrel on Friday on rising hopes of a new global deal to cut global crude
