About: oil price

Energy 17-07-2019

How vulnerable is Europe to conflict in the Strait of Hormuz?

NEWS ANALYSIS / The involvement of a British tanker in the latest military incident with Iran in the crucial oil shipment choke point has pulled Europe into the fray.
Global Europe 19-04-2018

EU edges closer to new Iran sanctions ahead of Trump deadline

European Union governments are showing more support for the idea of new sanctions on Iran proposed by Britain, France and Germany as a way of dissuading US President Donald Trump from pulling out of the 2015 nuclear deal, diplomats say.
Energy 06-04-2018

Russia says wider cooperation arrangement with OPEC could be indefinite

Russian Energy Minister Alexander Novak said that an arrangement under which Moscow cooperates with the OPEC oil group could become indefinite once a current deal to curb oil production expires in the end of the year.
Energy 08-03-2018

Europe’s future oil production seen viable at $60 a barrel

Europe is hardly the first place that springs to mind when thinking about the world's major oil producing regions, and there is a perception that the domestic industry has already seen its heyday, particularly in the North Sea.
Energy 17-10-2017

‘Black gold’ rush to peak in 2030 thanks to rise of electric car

World petrol demand will peak within 13 years thanks to the impact of electric cars and more efficient engines, energy experts have predicted. EURACTIV's partner The Guardian reports.

Low oil prices threaten to kill off recyclers

Cheap oil is not good news for everyone. The recycling industries were among the first to suffer, and now the used oil regenerators are under threat. Our partner Journal de l'Environnement reports.
Energy 20-03-2015

Fracking costs outweigh benefits for Germany and Europe, study says

For only a ten year supply of energy, fracking in Europe would contaminate drinking water, cause severe environmental damage and create vast industrial landscapes, says a study on fracking, as the German government pushes to legalise the controversial extraction method. EURACTIV Germany reports.
Transport 05-03-2015

Sulphur Directive pushes shipping into stormy waters

The European Union's Sulphur Directive limits sulphur emissions from commercial shipping to 0.1%, in a zone that extends from the English Channel to the Baltic Sea. Enforcing the regulation is proving problematic for member states. EURACTIV France reports
Azerbaijan 23-02-2015

Azerbaijan devalues currency by a third over falling oil price

Azeribaijan's central bank devalued the manat on Saturday (21 February) by 33.5% to the dollar and by 30% to the euro, as slumping oil prices and an economic crisis in major trading partner Russia put pressure on the currency.
Europe's East 16-12-2014

Yatseniuk: ‘Forty bucks per barrel of oil sounds not bad’

The falling price of oil comes as a further sanction on Moscow in the continuing conflict in Eastern Ukraine, Ukrainian Prime Minister Arseny Yatseniuk told a Brussels audience on Tuesday (16 December).