Tag: russian gas

Gazprom Westbound Gas via Pipeline to Germany Hits a Snag

March 5, 2022
Business & Economycommoditieseconomic policiesEuropeGazpromMarketsRussia ukraine conflictRussia-Ukraine Warrussian gasWorld
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Russian natural gas heading westbound through the Yamal-Europe pipeline stopped on March 4, as Gazprom’s bids for additional transit capacity via Ukraine stand at high levels, according to data from the Gascade pipeline operators. The Yamal pipeline between Poland and Germany accounts for about 15 percent of Russian gas to Europe and Turkey. The 2,000-km…

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European Gas Prices Fall 30 Percent, Russia’s Gazprom Signals Uninterrupted Deliveries

February 25, 2022
Business & EconomycommoditieseconomyEuropeMarketsRussia-Ukraine Warrussian gasRussian oilRussian supplier GazpromWorld
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European gas prices, which aggressively rose on Thursday, fell on Friday as Russian energy giant Gazprom indicated that gas exports are continuing without interruptions despite the turmoil created by Moscow’s invasion of Ukraine. Dutch TTF Gas Futures March contract closed at 134.316 euros on Feb. 24, jumping up 51.1 percent from the previous day’s close…

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Oil Prices Maintain Upward Momentum Over Mounting Ukraine Tensions

February 14, 2022
Business & EconomycommoditieseconomyEuropehigher oil pricesMarketsRussia ukraine conflictrussian gasUSWorld
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Oil prices broke through a seven-year high level amidst tensions that Moscow could invade Ukraine and lead to the triggering of sanctions against Russia, the world’s third-largest producer of oil. As of UTC 12:18, April Brent Oil futures were trading at around the $94 per barrel level. The last time oil hit those levels was…

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