Russia Urges Diplomacy Amid Middle East Tensions, Avoids Condemning Iran
Russia has called for restraint from all parties involved following Iran's recent drone and missile attack on Israel
World | April 15, 2024, Monday // 13:11
Oil Price Continues to Rise after the US Ban on Russian Imports
- Tweet
Send to Kindle
Pixabay
Oil prices rose sharply in Asian trade amid fears of a possible supply shock after the United States banned Russian oil imports yesterday and leading energy companies have already given up on their own, CNBC reported.
The Brent variety, which is the reference for Europe, added $ 2.91 or 2.27 percent to $ 130.89 a barrel after jumping 3.9 percent in the previous session.
US light crude rose $ 2.34, or 1.89 percent, to $ 126.04 a barrel, after rising 3.6 percent yesterday.
US President Joe Biden yesterday banned imports of oil and other energy from Russia, and Britain said it would phase out Russian oil imports by the end of 2022 in response to Russia's invasion of Ukraine.
/BTA
Follow Novinite.com on Twitter and Facebook
Write to us at editors@novinite.com
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Related Articles:
Ukraine's Chasiv Yar Faces Russian Assault, May 9 Deadline
The Russian army has honed in on the strategic town of Chasiv Yar in Ukraine, setting a deadline of May 9 for its capture
Drone Debris Injures Dozens Amid Russian Attacks on Central Ukraine
Tensions escalate in central Ukraine as debris from a downed Russian drone inflicts injuries on 12 individuals, including a child, according to reports from the military administration of the Dnipropetrovsk region
Devastating Floods Claim Lives Across Afghanistan, Kazakhstan, and Russia
Tragedy strikes as more than 30 lives are lost in Afghanistan due to devastating floods triggered by seasonal rains
Ukraine Under Attack: Russian Drones Strike, Power Plant Decimated
Russia has launched a series of attacks on targets within Ukraine, employing 17 drones and an Kh-59 missile, according to reports emerging from the region
US Considers Dropping Charges Against Julian Assange
The United States is contemplating dropping charges against Julian Assange, as confirmed by President Joe Biden, who stated that he is considering the request
World | April 11, 2024, Thursday // 15:52
Greek Electricity Giant Acquires Bulgarian Solar Parks
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil Prices Surge Amid Middle East Tensions
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgargaz Loses 27% Market Share Due to Contract with 'Botas
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
Bulgaria Sees Surge in Solar Power and Coal Plant Decline in 2023 Electricity Report
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Europe Natural Gas Prices Surge to EUR 29/MWh Following Russian Attack on Ukrainian Facility
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
Ukraine Eyes Nuclear Reactor Deal with Bulgaria Amid Energy Crisis
Amidst Ukraine's urgent need for additional power sources following the closure of the Russian-controlled Zaporizhzhia nuclear power plant
