The problem will be winter 2023, warn oil companies and traders
The CEOs of the world’s largest oil companies believe that the next winter will be relatively quiet, although prices have risen considerably, pointing to the greatest difficulties for the winter of 2023, that is, for a year from now. In Abu Dhabi, at a conference that brings together producing countries and oil companies, Russell Hardy, […]
Europe returns to gains. Oil and gold fall – Markets in a minute
Oil depreciates. Gas prices fall Oil continues to trade with slight losses, at a time when a new contraction in industrial activity in China has exacerbated concerns about a reduction in demand. Even so, for the first time since October, “black gold” is heading to close the month with gains. The West Texas Intermediate (WTI) […]
Fuels rose by more than 20 cents in 15 days, topping up now costs €11 more – see official prices
Official data proves that prices rose again this Monday. Filling up a 50-litre tank today costs around 11 euros more than it did just two weeks ago. The increases vary depending on the fuel in question, but retail prices have risen between 10% and 13% since 2 October. Diesel, for example, is at the highest […]
Did you line up at the bombs? It did well: fuels really skyrocketed. Here are the official prices
Diesel and gasoline actually rose above ten cents per liter from one week to the next The announcement was fulfilled: diesel rose by more than 10 cents per liter in one week and gasoline by more than 12 cents. Filling up a 50-litre diesel tank now costs around five euros more than it did a […]
Fuel prices rise again next week and gasoline is the most affected. See the values
The downward trend in fuel prices in recent weeks will be stopped this Monday Gasoline will increase by around 2.5 cents per liter next Monday, and diesel will be 1.5 cents more expensive per litre. These are the estimates at the end of this week, according to market sources and according to the evolution of […]
Putin rocks the markets. Stocks pressed down, oil and gas up
Vladimir Putin’s announcement of the partial military deployment shook markets strongly, with the main stock indices trading lower and with the price of oil and gas accelerating at the same time that safe haven assets, such as the dollar, appreciated. Benchmark oil for Europe was trading higher, with Brent priced above $92 a barrel, up […]
Venezuela diverts the oil ships that were heading to Matanzas after the fire at the Supertanker Base
The Venezuelan state oil company PDVSA diverted two shipments of crude oil that were to be unloaded at the Cuban terminal in Matanzas due to the serious fire that broke out at the Supertanker Base of that city on Friday, and that would have devastated around 40% of the main storage facility on the Island. […]
Galp’s profits rise 153% to 420 million | Companies
Oil company Galp recorded a profit of 420 million euros in the first half of the year, an improvement of 153% compared to the first six months of last year, when it had a result of 166 million, the company announced this Monday. In a statement sent to the Securities Market Commission (CMVM), Galp indicates […]
Diesel and gasoline continue to decline midweek (and oil too). see prices
Tuesday brought further declines in fuel prices in Portugal. Oil returns to declines After a Monday in which fuel prices dropped by around seven cents, this Tuesday the average prices in Portugal continued to fall. Midweek variations are typically smaller than on Mondays, but steady the trend. And that trend continues to be downward: for […]
Diesel drops almost 20 cents in 18 days
After reaching the highest value ever on June 22, diesel has accumulated price drops, which today should add up to around 6.5 cents more per litre. In 18 days, filling the tank cost less than 10 euros. But it’s still much more expensive than before the war The price of diesel fell almost 20 cents […]
