International Oil Prices Surge as U.S. Traders Return and Houthi Rebel Attacks Continue

International Oil Prices Surge as U.S. Traders Return and Houthi Rebel Attacks Continue

International oil prices hit their highest level this month in thin holiday trading on Tuesday (26th) as U.S. traders returned to the market after the Christmas holiday and continued to weigh the possibility of more serious disruptions in crude oil supply caused by Houthi rebel attacks on Red Sea ships. possibility. energy commodity prices West … Read more

Oil Prices Soar as Red Sea Attacks Raise Supply Disruption Concerns

Oil Prices Soar as Red Sea Attacks Raise Supply Disruption Concerns

International oil prices rose for the second consecutive day on Tuesday (19th), closing at a more than two-week high, as recent attacks on ships in the Red Sea triggered market concerns about supply disruptions. energy commodity prices West Texas Intermediate (WTI) crude futures for January delivery rose 97 cents, or 1.3%, to settle at $73.44 … Read more

International Oil Prices: Crude Oil Reaches 2-Week High Amid Houthi Rebels’ Red Sea Attacks

International Oil Prices: Crude Oil Reaches 2-Week High Amid Houthi Rebels’ Red Sea Attacks

International oil prices closed at a 2-week high on Monday (18th) as Houthi rebels’ attacks on Red Sea shipping heightened market concerns about supply disruptions in the Middle East, allowing crude oil to find support. Oil giant BP (BP-US) announced on Monday that it would suspend all shipping through the Red Sea due to worker … Read more

Occupied Donetsk Faces Gasoline Shortage and Continued Utility Issues

Occupied Donetsk Faces Gasoline Shortage and Continued Utility Issues

Gasoline began to run out in occupied Donetsk, and the supply of electricity and heat to some areas has still not been organized. A new crisis has hit occupied Donetsk: while Russia is trying to cope with the shortage of chicken eggs, gas stations in ORDLO have begun to run out of gasoline. Social networks … Read more

Oil prices closed higher on Friday but still fell for 7 consecutive weeks, the longest weekly decline since 2018 | Anue Juheng – Energy

Oil prices closed higher on Friday but still fell for 7 consecutive weeks, the longest weekly decline since 2018 | Anue Juheng – Energy

International oil prices rose on Friday (8th), but still closed lower for the seventh consecutive week, the longest weekly decline since 2018. Some analysts attributed Friday’s gains to supportive comments from Russia and Saudi Arabia, but oil prices fell this week as traders remained unmoved by production cuts by major oil producers. energy commodity prices … Read more

OPEC+ decision disappoints oil prices fell to two-week low | Anue Juheng-Energy

OPEC+ decision disappoints oil prices fell to two-week low | Anue Juheng-Energy

International oil prices fell for the second consecutive trading day on Friday (1st), closing the week lower. The results of the highly anticipated OPEC+ meeting failed to convince the market, and traders did not believe that oil-producing countries would fully implement further production cuts. energy commodity prices West Texas Intermediate crude oil futures for January … Read more

Market focus on OPEC+ meeting ignores US inventory increase for 6 consecutive weeks, crude oil rises, Brent reaches 3-week high | Anue Juheng – Energy

Market focus on OPEC+ meeting ignores US inventory increase for 6 consecutive weeks, crude oil rises, Brent reaches 3-week high | Anue Juheng – Energy

International oil prices rose on Wednesday (29th) as investors focused on tomorrow’s OPEC+ meeting, which is expected to result in further supply cuts and ignored the sixth consecutive weekly increase in U.S. crude oil, gasoline and distillate inventories. Separately, traders also assessed the storm’s disruption to Black Sea crude oil shipments. However, negotiations between major … Read more

One of the largest fuel sellers in the Czech Republic will introduce a new type of gasoline at the beginning of the year. The higher content of biocomponent E10 should not be reflected in the price – Garáž.cz

One of the largest fuel sellers in the Czech Republic will introduce a new type of gasoline at the beginning of the year.  The higher content of biocomponent E10 should not be reflected in the price – Garáž.cz

Fuel prices should not change in connection with the transition to the new type, informed the Čepro company. The Orlen Unipetrol group, which operates the network of Orlen Benzina gas stations, will also switch to the new type of fuel in its production from January. According to Čeper, the change is related to the transition … Read more

Fuels continue to become cheaper, the average price of gasoline has fallen below 38 crowns – News

Fuels continue to become cheaper, the average price of gasoline has fallen below 38 crowns – News

Over the past week, natural has become cheaper by 28 halers to 37.95 crowns. Diesel became cheaper by 51 halers. Drivers now pay an average of 38.20 crowns for a liter of diesel, which is the lowest for the last two and a half months. This follows from data from CCS, which monitors fuel prices. … Read more

5-Week Decline in Gasoline and Diesel Prices at Domestic Gas Stations

5-Week Decline in Gasoline and Diesel Prices at Domestic Gas Stations

Gasoline and diesel sales prices at domestic gas stations have fallen for five weeks. According to Korea National Oil Corporation’s oil price information system Offinet on the 11th, the selling price of gasoline at gas stations nationwide in the second week of November (November 5 to 9) was 1,720.1 won per liter, down 25.6 won … Read more