News

Oil prices are rising… and Brent crude is above $120

  • 17 June, 2022
  • 2:21 pm EEST

Oil prices rose today, Friday, June 17, 2022, with continued supply tightening and new US sanctions to limit Iranian oil exports. Crude prices had started trading lower, with concerns about demand emerging in the wake of US interest rate increases.…

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Climate change threatens to lose 200,000 British homes by 2050

  • 16 June, 2022
  • 3:39 pm EEST

A new study warns of the risk of climate change worsening in coastal Britain, finding that rising seas will cause the loss of 200,000 homes in just 30 years. The study was carried out by a group of researchers at…

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LNG tanker rental rates reach record levels Amidst the rising demand

  • 15 June, 2022
  • 4:31 pm EEST

Spot market prices for LNG tankers this week set annual records, with more long-term leases; This limited the supply of ships to the spot market. This was caused by increased demand for LNG and buyers' shunning of Russian cargo and…

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Oil prices are falling in volatile trading.. Brent crude is above $120

  • 15 June, 2022
  • 3:11 pm EEST

Oil prices are falling in volatile trading.. Brent crude is above $120 Oil prices fell, in volatile trading today, Wednesday, June 15, 2022, amid fears that the economic recession and new closures of the Corona virus in China will affect…

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Gold prices are falling, awaiting the decisions of the US Federal Reserve

  • 14 June, 2022
  • 3:08 pm EEST

Gold prices fell today, Tuesday, June 14, 2022, in volatile trading, after the session started on the rise, recovering from its lowest level in 4 weeks. This comes with a pause in the rise of the dollar and US Treasury…

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