OPEC+ raises oil production target by 100,000 barrels per day
OPEC+ agreed to increase crude oil production by 100,000 bpd. However, the increase is considered small. Oil prices rise after ...
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G7 proposes to block Russian oil transit
New G7 communiqué proposes blocking Russian fuel transit. The measure is a response to declining gas shipments to Europe from ...
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Oil trades higher ahead of key OPEC+ meeting
Oil is trading higher one day ahead of the OPEC+ meeting. Saudi Arabia and Russia are the two key players ...
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Russia made good on its threat and shut down a turbine of the Nord Stream 1 pipeline
Russia once again reduced gas deliveries through Nord Stream 1. Germany is the most affected country. The European Union is ...
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Gazprom to stop another Nord Stream 1 turbine as of Wednesday
Another turbine of the Nord Stream 1 pipeline will be stopped as of Wednesday. The current gas flow is 40% ...
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The European Union informed member countries to reduce gas use by 15% by March 2023
The EU called for a 15% reduction in gas use in the coming months. Russia claims technical problems, but Europe ...
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