Oil and Gas Sector

14.06.2024

Gazprom inks transit and supply deals with Kazakhstan and Uzbekistan at SPIEF 2024

Gazprom has entered into contracts with Kazakhstan to facilitate the transit of gas to Uzbekistan and Kyrgyzstan. The agreements were formalized during a signing ceremony at the St. Petersburg International Economic Forum (SPIEF), TASS reported.

In addition to the transit contracts, Gazprom secured an agreement to supply gas to both the northern...

Gazprom has entered into contracts with Kazakhstan to facilitate the transit of gas to Uzbekistan and Kyrgyzstan. The agreements were formalized during a signing ceremony at the St. Petersburg International Economic Forum (SPIEF), TASS reported.

In addition to the transit contracts, Gazprom secured an agreement to supply gas to both the northern...

14.06.2024

Brent dips below $80/b mark as jitters on US monetary policy ebb

Oil prices edged down on Friday and posted a third straight weekly loss as investors weighed OPEC+ reassurances against the latest U.S. jobs data that lowered expectations that the Federal Reserve will cut interest rates soon.

Brent crude futures settled 25 cents lower at $79.62 a barrel, while U.S. West Texas...

Oil prices edged down on Friday and posted a third straight weekly loss as investors weighed OPEC+ reassurances against the latest U.S. jobs data that lowered expectations that the Federal Reserve will cut interest rates soon.

Brent crude futures settled 25 cents lower at $79.62 a barrel, while U.S. West Texas...

14.06.2024

Brent hovers below $80/b mark as greenback advances

Oil prices edged up on Monday, aided by hopes of rising fuel demand this summer, although a firmer dollar boosted by lower chances of imminent interest rate cuts capped gains.

Brent crude futures gained 15 cents, or 0.2%, to $79.77 a barrel by 0644 GMT and U.S. West Texas Intermediate crude...

Oil prices edged up on Monday, aided by hopes of rising fuel demand this summer, although a firmer dollar boosted by lower chances of imminent interest rate cuts capped gains.

Brent crude futures gained 15 cents, or 0.2%, to $79.77 a barrel by 0644 GMT and U.S. West Texas Intermediate crude...

14.06.2024

Brent steadies on top of $80/b mark awaiting fresh macroeconomics

Oil prices were steady on Tuesday, as investors waited for key U.S. and China CPI data as well as the outcome of the Federal Reserve's policy meeting to glean a clearer picture of where inflation is heading and how that will affect fuel demand.

Brent crude futures fell 5 cents, or...

Oil prices were steady on Tuesday, as investors waited for key U.S. and China CPI data as well as the outcome of the Federal Reserve's policy meeting to glean a clearer picture of where inflation is heading and how that will affect fuel demand.

Brent crude futures fell 5 cents, or...

14.06.2024

Brent tops $82/b as demand picks up

Oil prices ticked higher on Wednesday on upbeat global demand views from the U.S. Energy Information Administration and OPEC.

Brent crude futures rose 11 cents, or 0.1%, to $82.04 a barrel at 0016 GMT, while U.S. West Texas Intermediate (WTI) crude futures gained 18 cents, or 0.2%, to settle at $78.10.

The...

Oil prices ticked higher on Wednesday on upbeat global demand views from the U.S. Energy Information Administration and OPEC.

Brent crude futures rose 11 cents, or 0.1%, to $82.04 a barrel at 0016 GMT, while U.S. West Texas Intermediate (WTI) crude futures gained 18 cents, or 0.2%, to settle at $78.10.

The...


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