Tag Archives: Anadolu Agency

NATO Concerned over Leaks in Russian Gas Pipelines

NATO follows with “great concern” reports from the Baltic Sea on leaks in the Russian Nord Stream gas pipelines, Secretary-General Jens Stoltenberg said on Tuesday. Stoltenberg asserted that it is “extremely important to get all the facts on the table” and therefore NATO closely monitors the developments. His remarks came …

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Oil Down as Demand Woes Persist, Strong Dollar Trims Demand

Oil prices declined on Monday over the double whammy of increasing demand woes and the rising dollar value, discouraging investors in the market trading in more expensive US dollar-indexed oil. International benchmark Brent crude traded at $95.12 per barrel at 10.08 a.m. local time (0708 GMT) for a 1.65% decrease …

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Oil Prices Increase with Ease in Demand Concerns

Oil prices increased on Thursday, supported by a drop in US crude oil inventories easing demand concerns. International benchmark Brent crude was trading at $102.71 per barrel at 08.45 a.m. local time (0545 GMT) for a 1.02% increase after closing at $101.67 a barrel in previous trade. American benchmark West …

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Europe Focuses on Storage to Alleviate Energy Crisis

Europe’s energy efficiency plan to combat the bloc’s energy crisis and secure sufficient gas supplies ahead of the winter cannot exclude gas flow from Russia in order to fill up gas storage. Natural gas storage has become an important tool in alleviating the energy crisis, which has escalated since the …

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Oil Up as Supply Outages Outweigh Demand Fears

Oil prices edged higher on Monday as output disruptions in Libya and planned shutdowns in Norway offset concerns that an economic slowdown would dampen demand. International benchmark Brent crude was trading at $111.92 per barrel at 0705 GMT for a 0.26% increase after the previous session closed at $111.63 a …

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