media captionJohnson: ‘Whatever happens, the UK will do very, very well’ The UK and EU have agreed to carry on post-Brexit trade talks after a call between leaders earlier on Continue Reading
Work has resumed in Baltic Sea waters off the German coast on the controversial Nord Stream 2 natural-gas pipeline, project managers said in a statement on December 11. The statement Continue Reading
A UK source said the “process still has some legs” but Boris Johnson has warned a no-deal is the “most likely” outcome. A deadline to finish talks had been set Continue Reading
The system underpinning a UK Emissions Trading System is on track to be ready for the country’s exit Jan. 1, 2021, from the EU’s own ETS, the UK government said Continue Reading
Crude futures settled lower Dec. 11 as demand outlooks came under pressure, with US pandemic lockdowns spreading and the US Congress deadlocked on stimulus spending. NYMEX January WTI settled 21 Continue Reading
Oil prices fell back on Friday morning following a strong rally on the back of an OPEC+ agreement and new COVID-19 vaccine rollouts around the globe. For Global Energy Alert Continue Reading
Oil just managed a weekly gain as an impasse in Washington over pandemic relief dimmed chances of an imminent boost to demand. Futures in New York eased off a nine-month high Continue Reading
Global oil demand is rebounding after hitting a trough last month as ongoing strong consumption in Asia and Latin America, coupled with a recovery in Europe, more than offsets fresh Continue Reading
Global demand for road fuels hit a two-month high last week, recovering from the slowdown in October and November when many countries in Europe imposed lockdowns for a second time Continue Reading
Highlights 2021 oil demand to rise by over 6 million b/d Oil supply to rise 3 million b/d with OPEC+ dominant supplier Refinery closures inevitable on slow demand growth, biofuels Continue Reading
