The price of Brent crude oil has stabilised at around $105/b
There has been very little change in oil prices since their sharp decline following the announcement of the use of US strategic reserves. The price of…
European gas prices were generally up again yesterday, supported by falling temperatures and lower Norwegian supply. Indeed, due to an unplanned outage at the Oseberg gas field, Norwegian flows dropped significantly yesterday, averaging 314 mm cm/day, compared to 337 mm cm/day on Wednesday. Russian flows were slightly down, at 327 mm cm/day on average, compared to 329 mm cm/day on Wednesday.
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