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On rising output, US natgas futures fell 2% to a new 11-week low.

  • 27 June, 2022
  • 5:40 pm EEST

On rising output, US natgas futures fell 2% to a new 11-week low. On Monday, U.S. natural gas futures fell about 2% to an 11-week low on rising output and lower demand expectations for the next two weeks, owing in…

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Oil prices rise 4%, and Brent crude is above $113

  • 24 June, 2022
  • 6:11 pm EEST

Oil Prices Rise 4%, And Brent Crude Is Above $113 Oil prices rose about 4% on Friday, June 24, supported by a supply shortage, although crude is heading for a second weekly decline amid concerns that higher interest rates could…

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Increased natural gas production in Norway to compensate Europe for Russian supplies Oil is down about 3%.

  • 23 June, 2022
  • 2:03 pm EEST

Norway has boosted its production of natural gas at the expense of crude oil, in an effort to secure alternative supplies to compensate European countries for Russian gas, which meets nearly half of the old continent's needs. Europe is the…

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Oil prices are down 5%, and Brent crude is below $110

  • 22 June, 2022
  • 2:44 pm EEST

Oil prices are down 5%, and Brent crude is below $110 Oil prices fell, about 5%, during trading today, Wednesday, June 22, 2022, amid US President Joe Biden's effort to reduce high fuel costs. The White House is putting pressure…

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China’s imports of Russian oil jump 55% in May

  • 20 June, 2022
  • 5:48 pm EEST

China's imports of Russian oil jumped 55% last May, displacing Saudi Arabia from the first place among crude suppliers to Beijing, 19 months after Riyadh topped the list. China's General Customs Administration data indicated today, Monday, June 20, that Russian…

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