Electricity prices in the EU’s day-ahead spot markets have surged to new highs on Friday amid rising energy demand and lower gas flows from Russia. According to European Power Exchange data, day-ahead electricity prices in France, Belgium and Germany showed the largest growth. Prices in Europe’s largest economy, Germany, rose …
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The costs of gasoline and diesel in the UK reached new highs on Friday, exceeding the previous records set earlier this week, data from the British Motorists Association RAC shows. The cost of a liter of unleaded gasoline jumped to £1.71 (about $2.16), up 31 pence, while the cost of …
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US retail gasoline prices have climbed to fresh all-time highs just in time for the traditional start of America’s summer driving season, the Memorial Day holiday weekend. Prices at the pump for regular-grade gasoline rose to $4.60 per gallon on Thursday and held around that level on Friday, according to …
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Russia could earn a record $100 billion from gas sales to European countries in 2022 due to the sharp rise in energy prices, French newspaper Les Echos reported this week, citing Citibank analysts. According to the paper, the projected income from gas sales will be almost twice as much as …
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Consumer prices in Britain jumped by 9% to hit a 40-year high last month, with the biggest price increases seen in food and energy, official figures from the UK’s Office for National Statistics revealed on Wednesday. The current rise in the consumer price index is the highest since the country …
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Global benchmark Brent crude jumped 71 cents, or 0.8%, to $86.24 a barrel, continuing growth after seven consecutive weekly gains. Earlier in the session, Brent price brushed $86.43 a barrel, reaching its highest level since October 2018. US benchmark West Texas Intermediate (WTI) crude futures gained 87 cents, or 1%, …
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Brent crude futures for the March delivery were at $52.94 per barrel, up 2.2 percent at 07:45 GMT, while the February West Texas Intermediate contract advanced 1.1 percent to $49.43 per barrel. Crude markets are braced for the next moves by the Organization of the Petroleum Exporting Countries (OPEC) and …
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Russia in June this year increased its imports of palm oil to 95 thousand tons, which is significantly higher than the same period the previous two years (56-68 thousand tonnes in 2017-2018), it follows from the overview of the Analytical center Milknews. Thus, experts say, at the end of 6 …
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The construction of the tower were joined by thousands of local residents. In the capital of Israel, tel Aviv has built the world’s highest tower from children’s designer Lego, which took more than 500 thousand parts. Design height was about 36 meters is comparable to a 12-storey building. The creators …
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