Cheaper we don’t dance, we just make Moscow earn
The plans of the European Union do not pose a security risk to Hungary or Slovakia to complete the import of Russian energy, but they could mean a loss of hundreds of millions of euros that come from trade in Moscow. This is claimed by a new analysis of the Democracy Center (CSD) and the […]
The oil giants are outlined by the worst year from the pandemic
The Russian invasion of Ukraine in 2022 ejected the profits of oil companies to record heights due to the sharp rise in oil prices. However, since then their income is constantly declining and this year the sector is facing the most significant slump since the time of the pandemic. This is also confirmed by the […]
Return of Nafta Prize to one euro is again in the game
In the pandemic period of 2020 to 2021, few mentions in good. If at that time, besides Pandemic checks from the government, the household could get, and the AS happened to the gas station. As a result of the collapse of oil prices, the prices that the Slovak motorist has not seen for many years […]
Russia avoided the US trade war. It’s not enough
In April, Donald Trump announced the introduction of duties to 185 countries around the world. Russia and its ally Belarus were missing among them. The official reason was that the US did not trade with Russia at all. This is not a complete truth. The trade between Washington and Moscow has fallen by ninety percent […]
The OPEC cartel pulled out the hammer on the disobedient
While the main attention in the financial market focuses on the extreme movements of the stock markets, there is a commodity that has overtaken the shares at the speed of the event. During the first week of April, the S&P 500 fell by 8.9 percent, Nasdaq 100 by 9.3 percent, but the price of oil […]
After the crash of Russian tankers in the Kerch Strait, the death of dolphins is rising. Have already found 32 bodies of dead animals
After the December crash of two Russian oil tankers in the Kerch Strait, the number of dead dolphins in this area also increased. The Russian ecological group Delfa wrote it on Sunday in a post on the Telegram social network. TASR, CTK 06.01.2025 15:45 Environmental disaster: Russian beaches are dotted with black marshes after the […]
Business is disgusted with the uncertainty made by Trump
The decline in oil prices intensified at the beginning of March. Benchmark WTI was traded in places on the border of $ 65, and the North Sea oil Brent fell for a while below the 68-dollar border. According to J&T Banka, Stanislav Panis, in both cases this was the lowest levels since December 2021. Although […]
Giant wave of Arab oil is waiting for its opportunity
In April, after years of restrictions, oil production from OPEC states could begin to increase. This step could lead to a decline in fuel prices to 2020, when gasoline cost EUR 1.20 and diesel less than one euro. OPEC, however, still weight and is considering further delay. If it were to occur, it would be […]
Biden pulled the biggest sanctions on Russian oil
At the beginning of 2022, Russia collected more than 350 million euros per day for oil exports. At the end of 2022, a price ceiling on Russian oil was introduced, while more and more European countries stopped buying Russian oil and replaced it with supplies from other sources. Before Russia’s invasion of Ukraine, Russian oil […]
Oil prices rose by more than a percent in a week
Crude oil prices rose by more than a percent at the end of the week, with Brent crude oil prices closing above $74 per barrel (159 liters). Oil prices rose by more than a percent even for the whole week. Market development was largely influenced by the US Department of Energy’s report on a sharper-than-expected […]