International oil prices rose on Monday (19th), reaching the highest level in about a month, as rising U.S. stocks boosted the outlook for the economy and energy demand, while global supply continued to face risks. energy commodity prices West Texas Intermediate (WTI) crude oil futures for February delivery rose $1.78, or 2.4%, to close at … Read more
The document was prepared to implement the protocol of the meeting on preventing circumvention of sanctions in the fuel and energy complex, held on July 26, 2023 in the Office of the National Security and Defense Council of Ukraine, and to renew fuel quality requirements at a level not lower than Euro 5. The draft … Read more
The best-selling Natural 95 cost an average of CZK 36.08 per liter on Wednesday, according to CCS, the same as diesel. The movement of prices has been minimal since the second week of January, in the last seven days the price of petrol has increased by seven pennies and diesel has not changed at all. … Read more
The pandemic, the war started by Russia in Ukraine, the greed of oil-producing countries, etc. have contributed to more than one upheaval in the energy sector in recent years. We have experienced both a wild jump in the prices of gas and electricity, and we have also worried whether gas and other fuels will be … Read more
Experts and observers of Egyptian economic affairs expected that the government would raise the prices of petroleum products and fuel during the coming period in light of the price adjustment policy that began in 2024. The Petroleum Products Pricing Committee, which is responsible for setting fuel prices in Egypt, is reviewing prices and studying the … Read more
Fuels in the Czech Republic have been getting cheaper since the beginning of October, gasoline was the cheapest in more than two years last week, diesel since last August. According to analysts, the rise in oil prices is behind the reversal of the trend. “Oil halted its decline hand in hand with wholesale fuel prices. … Read more
As conflicts in the Middle East intensified, international oil prices closed higher on Wednesday (3rd). According to news reports, an explosion occurred during a ceremony commemorating the fourth anniversary of the death of an Iranian military officer, causing many casualties. In addition, news reports pointed out that Libya’s largest oil field was closed due to … Read more
Ideally, the type of fuel should be determined earlier than the make and model of the car. Because with the current model policy of manufacturers and the market situation in Ukraine, it is not always possible to choose the model you like with the desired type of engine (and therefore fuel). Especially when it comes … Read more
International oil prices closed slightly lower on Friday (29th), ending a year in which crude oil fell for the first time since 2020, as market concerns about the demand outlook outweighed the possibility of supply disruptions and the effectiveness of OPEC+ production cuts. energy commodity prices West Texas Intermediate (WTI) crude futures for February delivery … Read more
International oil prices fell back from their December highs on Wednesday (27th), with investors continuing to pay attention to the development of the situation in the Red Sea and worrying about the possibility of interruptions in crude oil transportation. energy commodity prices West Texas Intermediate (WTI) crude oil futures for February delivery fell $1.46, or … Read more