Posts Tagged ‘gas flows’

Oil edges down towards $36 in thin trading

January 19th, 2009

By Maryelle Demongeot
SINGAPORE, Jan 19 (Reuters) - Oil fell almost 1 percent towards $36 a barrel on Monday in holiday-thinned trading, erasing some of the late gains made last week on short covering, with worries about weakening oil demand again at the forefront.
A ceasefire between Israeli forces and Hamas fighting in Gaza, together with [...]

Gas deliveries still stalled in Europe

January 14th, 2009

MOSCOW, Jan. 14 (UPI) — Russia and Ukraine Wednesday bickered over gas deliveries to Europe, in spite of international efforts to broker an accord.
More than a week into the dispute, with international monitors in place to observe gas flows, Russia’s state-run energy concern Gazprom accused Ukraine’s Naftogaz of blocking deliveries intended for Europe, Deutsche Welle [...]

Oil prices shed $2 on economic downturn fears

January 12th, 2009

LONDON (AFP) — Oil prices dropped some two dollars on Monday on concerns that a deepening global economic downturn could spark a slump in demand for energy, analysts said.
The market was also weighed down by news of a possible resolution to the ongoing Russia-Ukraine gas supply crisis, they added.
Traders also tracked developments in the Middle [...]