Tag: Oil price
Oil prices briefly rise 18 percent to almost $140 a barrel
new York Discussions about stopping Russian oil imports pushed the price of crude oil up to $139 a barrel at the start of trading in Asia on Monday night. This…
Oil prices briefly rise 18 percent to almost $140 a barrel
Ukraine conflict While the West discusses sanctions, the oil price continues to rise indignantly. (Photo: dpa) new York Discussions about an import ban on Russian oil pushed the price of…
Oil prices briefly rise 18 percent to almost $140 a barrel
new York Discussions about an import ban on Russian oil pushed the price of crude oil up to $139 a barrel at the start of trading in Asia on Monday…
German industry calls for help
Berlin In view of the high energy prices and the ambitious German climate plans, the CEO of the energy group RWE, Markus Krebber, is calling for reduced electricity prices for…
Opec-plus is sticking to its subsidy policy – the raw materials rally is likely to continue
Oil pump in the Gulf state of Bahrain Analysts expect a multi-year bull market in crude oil. (Photo: AP) Zurich More than 100 million barrels of crude oil per day,…
USA releases parts of strategic oil reserves – the dispute with Opec plus threatens to intensify
Oil production US President Biden identified the main culprits for the high energy prices in the OPEC oil exporters. (Photo: Bloomberg) Zurich In the conflict between the USA and the…
Because of high raw material prices: Does the USA want to tap into its oil reserves? – Politics abroad
Washington – The US government has spoken to important other countries about tapping parts of their respective oil reserves. The Reuters news agency reports and claims to have learned the…
OPEC cartel ignores USA and maintains output
Oil production The oil cartel Opec is sticking to its production policy. (Photo: Bloomberg) Zurich The alliance of oil exporters Opec plus has ignored calls for higher oil production. At…
Authority for drastic measures in the transport sector
Berlin The transport sector is the only area that has not reduced its greenhouse gas emissions compared to 1990: Therefore, massive readjustments must now be made, warns the Federal Environment…
Petrol prices: high costs – debate about higher commuter allowances
Berlin The high cost of petrol is fueling the debate about countermeasures. The Federal Vice-President of the Christian Democratic Workforce (CDA), Dennis Radtke (CDU), calls for the rising prices to…
Europe’s dependence on OPEC is fatal
Oil tanks in Saudi Arabia The Kingdom tries to present itself as a reliable supplier to the importing countries. (Photo: Reuters) Shortly before the summit of the Opec-plus cartel in…
For the first time in three years it is over $ 80
Oil production in northern Basra, Iraq Opec is in no hurry to ramp up production. (Photo: Essam Al Sudani) Zurich It’s a turning point. For the first time since 2018,…