About: oil prices
Ahead of heating season, EU gas tanks are full
With gas prices at a ten-year low, storage tanks are far fuller than average for this time of year. This may have political implications as lawmakers think about security of supply.
The US isn’t protecting oil supplies from the Middle East, it wants to control prices as foreign policy
America’s extensive use of military and economic coercion in the Middle East and other oil-producing countries around the world reflects the US’s new position as an exporter of oil and liquefied natural gas, argues Robin Mills. Robin Mills is the...
Poland, Russia, Belarus and Ukraine to talk on polluted Russian oil
Representatives of Poland, Russia, Belarus and Ukraine will meet on Friday (26 April) in Minsk, the capital of Belarus, to discuss how to solve the problem of polluted Russian oil, Poland’s pipeline operator PERN said on Thursday night.
Russia cashes in as European oil refiners pay for US sanctions
European refiners are paying the price for US oil sanctions on Venezuela and Iran as they scramble to replace the sour crude Washington has blocked from the global market with increasingly expensive Russian oil, trading sources said and data showed.
Trade war starts to dent European growth
The European Commission cut expected EU growth for this year by 0.2% compared to its forecast less than three months ago, as output was weaker than expected during the first semester and external risks, especially the trade war, are on the rise.
Trump becomes number one threat to European economy
US President Donald Trump’s decision to leave the Iran deal represents his third strike against the European economy in half a year and will add more volatility in an already difficult period.
Trump slaps Europe in the face with Iran deal pull-out
In the aftermath of Donald Trump’s announcement to withdraw from the landmark deal curbing Iran's nuclear programme, the leaders of Britain, France and Germany who signed the agreement published a joint statement, saying they will continue to stick by it.
Russia’s economy: Still dependent on oil
After two years of recession caused by lower oil prices and western sanctions, Russia’s recovery benefits Vladimir Putin who is seeking a new term of office. However this improvement won’t last long without a structural reform. EURACTIV.fr reports.
Think tanker: E-mobility push won’t affect EU oil demand significantly until 2040s
The IEA’s latest World Energy Outlook suggests the EU is set to wean itself off oil even as global consumption continues to rise. EURACTIV.com asked Georg Zachmann, a senior fellow at the Brussels-based think tank Bruegel, how he sees oil demand in the EU changing in the coming years.
Fair fuel pricing: A test for Europe’s climate ambitions
Is the EU committed enough to increase taxes on fossil fuels? That is a question that needs to be raised now considering the long-running debate on the best measures, including energy taxation, to reduce greenhouse gas emissions, write Kai Schlegelmilch and Zoltán Szabó.
Brexit threatens global oil demand, warns IEA
Europe has been the “saving grace” of global oil demand, which is expected to be higher than forecast in 2016, but that is under threat from uncertainty caused by Brexit, the International Energy Agency has warned today (13 July).
Will ‘digital oil’ be the solution to the energy crisis?
The oil sector believes that the digitisation of the industry is a solid option to cut costs and survive a volatile market, while meeting consumer demand.
Why Putin went into Syria
The Russians intervened in Syria in order to bail the United States out of a very difficult situation, and obtain better understanding for their interests with Ukraine, writes George Friedman.
In Ukraine’s conflict, rumours of compromise grow
The United States and Russia may be moving closer to an understanding on the conflict in Ukraine, writes Stratfor, the global intelligence company.
Why does Patrushev warn of an American plot against Russia?
Coming from Nikolai Partushev, a senior Russian official, and former head of the intelligence service close to President Vladimir Putin, statements about an American plot against Russia have to be taken seriously, writes George Friedman for Geopolitical Futures.
Germany is the poster child of an accident waiting to happen
Export-oriented Germany is the poster child for an accident waiting to happen, according to a review of countries most affected by the ongoing global economic slowdown, George Friedman writes in Geopolitical Futures.
Poverty-stricken Chad shows Europe how to host refugees
The influx of refugees into Europe is put into perspective by Chad, a nation of 13 million that is playing host to 645,000 displaced persons. EURACTIV's partner El País - Planeta Futuro reports.
Tourist boom in Georgia and Azerbaijan helps mitigate low oil prices
Georgia and Azerbaijan, two South Caucasus countries that offer breath-taking natural beauty, architectural treasures and rich histories, are going all-out to develop their tourism industries, writes Giorgi Meladze.
Commission probes big oil firms for possible price manipulation
European authorities have raided offices of oil majors Shell, BP and Statoil in an investigation of suspected manipulation of oil prices, one of the biggest cross-border actions since the Libor rigging scandal.
Strait talk in Europe over Iran oil embargo
EU countries are intensifying efforts to agree an oil boycott and muscular financial sanctions against Iran, which is sizing up the option of shutting down the Hormuz Strait as a response.Guns of August: Political risk blowback
Once Saudi Arabia and Russia eventually run out of oil the 'political no hopers' of today will need to become the major producers of tomorrow, bringing with them a whole new political risk cycle that Europe will come to regret, argues Matthew Hulbert, lead columnist at the European Energy Review.
Libya crisis to hit poor worldwide, EU warns
Libya's humanitarian crisis is starting to affect vulnerable people across the world, Humanitarian Aid Commissioner Kristalina Georgieva said yesterday (28 February), warning that the effects of rising oil prices were already being felt in the food sector and threatening to push millions into hunger.