Showing posts with label prices. Show all posts
Showing posts with label prices. Show all posts

Tuesday, November 29, 2022

Russia does not plan to supply oil under price cap, even if it is profitable — Novak

Russia will not supply oil to countries under the terms of the price cap, even if it would be more profitable, Russian Deputy Prime Minister Alexander Novak said at the 4th Russian-Chinese Energy Business Forum.

Saturday, November 26, 2022

West’s price cap on Russian oil to wreak havoc on global market, Chinese expert warns

A price cap on Russian oil will wreak havoc on the global market, said Li Haidong, a professor from the Institute of International Relations at the China Foreign Affairs University in Beijing, according to the Global Times newspaper.

Friday, November 25, 2022

Consumer protection organization urges Germans not to pay electricity bills

A German consumer protection organization Friday called on people not to pay their electricity bills if companies continue to charge inflated prices.

French Energy Minister Sees Economy at Risk Due to Rising Gas Prices

The Energy Minister of France, Agnes Pannier-Runacher, says the country may never regain some of its markets due to the skyrocketing gas prices and the unfavorable conditions they create for European production.

Monday, October 24, 2022

Gas price in Europe down below $1,050 per 1,000 cubic meters first since June

The price of gas in Europe went down below $1,050 per 1,000 cubic meters during Monday trading for the first time since June 14, according to data provided by London’s ICE.

Friday, October 21, 2022

EU fails to agree on cap on gas prices after 11 hour summit

European Union leaders have failed to reach an agreement on a plan to help protect their citizens from surging energy prices, despite hours of wrangling at a summit in Brussels.

Wednesday, October 19, 2022

Protests Erupt across Europe amid Rising Cost of Living

 Protests over soaring energy, food, and fuel prices have broken out across Europe.

Biden to release 15 mln barrels of US oil from reserves, says official

 President Joe Biden will announce Wednesday he's putting the final 15 million barrels on the market from a record release of US strategic oil reserves, with more releases possible if energy prices spike, a senior US official said.

Thursday, October 13, 2022

EU To Present Package Of Proposals To Tackle Skyrocketing Energy Prices On October 18 - UrduPoint

The European Commission is working on a package of proposals to be presented on October 18, aimed at combating soaring energy prices, European Commissioner for Energy Kadri Simson said.

EU ministers discuss joint gas purchases, electricity market reform -

European Union (EU) energy ministers held an informal meeting on Wednesday to discuss solutions for high gas prices, preparing for the energy situation this winter, and a possible revision of the electricity market.

Friday, October 7, 2022

US reviewing 'response options' on Saudi relations after OPEC+ cuts

The United States is "reviewing a number of response options" with regard to its relationship with Saudi Arabia after Riyadh and other OPEC+ nations agreed this week to large cuts in oil production, Secretary of State Antony Blinken said on Thursday.

Sunday, October 2, 2022

Saturday, October 1, 2022

Nord Stream gas leaks can exacerbate price volatility on energy markets in Europe, world: UN

The UN warned Friday that damage to the Nord Stream pipelines under the Baltic Sea can exacerbate price volatility in energy markets in Europe and around the world.

Friday, September 23, 2022

IEA Head Says Energy Crisis Risks Destroying European Unity Ahead of Looming Winter

The scramble for energy resources between the EU countries this winter could destroy European unity and trigger social unrest, the Financial Times newspaper reported on Friday, citing International Energy Agency (IEA) Head Fatih Birol.

Monday, September 19, 2022

More than 30,000 Attend Protests against Rising Prices in Austria - Tasnim News Agency

More than 30,000 people took part in protests against rising prices in Austria, including about 20,000 people who took to the streets in Vienna, the organizers of the protest, representatives of the national federation of trade unions, said at the rally.

Saturday, September 17, 2022

Putin Tells Europe: Open Nord Stream 2 If You Want Gas - Tasnim News Agency

Russian President Vladimir Putin on Friday denied his country had anything to do with Europe's energy crisis, saying that if the European Union wanted more gas it should lift sanctions preventing the opening of the Nord Stream 2 pipeline.

Tuesday, September 13, 2022

Leaked Paper Reveals EU Is Unlikely to Cap Price of Russian Gas - Tasnim News Agency

The EU executive is retreating from imposing a price cap on Russian gas, but pushing ahead with windfall taxes on energy company “surplus” profits, according to a leaked document.

Friday, September 9, 2022

Wednesday, September 7, 2022

Putin Accuses West Of Deceiving Poor Countries Regarding Grain Deal

The West has betrayed the poorest countries by breaking the agreements of the grain deal, but Russia will continue working on ensuring that food reaches global markets, Russian President Vladimir Putin said on Wednesday.

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