Energy war without borders, breach in OPEC, Russia pushes Europe
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Energy war without borders, breach in OPEC, Russia pushes Europe

Last Tuesday a small group of energy company managers passed the White House threshold in order to discuss with President Donald Trump her concerns over the lengthening of the disruption to energy supplies. A few days later, in the morning of May, the price of crude oil reached a high four-year, at $162.31 [...]

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In chaos the natural oil market - Prices soar
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In chaos the natural oil market – Prices soar

The natural oil market is in chaos with prices being launched, while traders and refineries desperately seek readily available reserves. In the North Sea, from 40 bids for cargo this week, just four were covered. Dated Brent reached a record of $144 a barrel, surpassing the 2008 levels. Supplies from Nigeria were formed up to $25 over the reference point. Analysts warn of a lack of slow in the coming weeks due to disruption of supplies from the Middle East, with European refineries expected to reduce production, exacerbating the lack of diesel and aircraft fuel.

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