News about Energy crisis

While diesel prices in Moldova have been decreasing for a week already, gasoline is becoming more expensive.

The European Commission has confirmed that rising jet fuel prices cannot be a reason to deny passengers compensation for canceled flights.

The National Energy Regulatory Agency (NERA) has set new maximum fuel prices that will be in effect tomorrow, May 13.

Since the announcement of the crisis on the Romanian oil and oil products market until now, the Romanian state has approved 30 applications for diesel exports, most of which are aimed at supplies to neighboring countries.

The National Energy Regulatory Agency (NERA) has set new maximum fuel prices that will be in effect from May 9-11.

Exports of jet fuel suffered the most, falling by 95% against February’s figure. At the same time, diesel shipments fell by “only” 55% thanks to support from Saudi Arabia’s Red Sea refineries. These refineries are more optimized for diesel production than jet fuel.

The National Energy Regulatory Agency (NERA) has set new maximum fuel prices that will be in effect tomorrow, May 7.

The United States sharply increased its oil exports and actually became the world’s number one supplier. The restrictions in the Strait of Hormuz also reduced Saudi Arabia’s exports and changed the balance of the global market.

The National Energy Regulatory Agency (ANRE) has set new maximum fuel prices that will be in effect tomorrow, May 6.

Global exports of liquefied natural gas (LNG) fell in April to their lowest level in almost two years. This was the result of the de facto closure of the Strait of Hormuz due to the war in the Middle East. Nevertheless, the lost Qatari volumes are quickly being replaced by other producers: for example, from the US and Canada.

OPEC+ members raised their combined oil production targets for June by 188,000 bpd after the UAE left the group. Seven key countries – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman – agreed to increase the volumes.

The war against Iran has fueled British interest in heat pumps. They reduce the dependence of Europeans on volatile gas prices, although they have become embroiled in political and cultural disputes over carbon neutrality (net zero).

The National Energy Regulatory Agency (NERA) has set new maximum fuel prices that will be in effect from May 1-4.

Apparently, the National Energy Regulatory Agency (ANRE) was able to adjust the fluctuations on the world exchanges with the prices of oil products in Moldova so that the daily changes would be minimal.

The National Energy Regulatory Agency (ANRE) has set new maximum fuel prices that will be in effect tomorrow, April 28.

The National Energy Regulatory Agency (ANRE) has set new maximum fuel prices that will be in effect tomorrow, April 23.

Fears of a “return of coal” caused by the crisis over the war in Iran are not borne out by data from the Center for Research on Energy and Clean Air (CREA).

The world economy missed 500 million barrels of oil due to supply disruptions from the Middle East. Losses from lost trade are estimated at about $50 billion.

The National Energy Regulatory Agency (NERA) has set new maximum fuel prices that will be in effect from April 18-21.

The head of the International Energy Agency warned Thursday that Europe has only six weeks of jet fuel reserves because of ongoing problems in the aviation industry caused by the crisis in the Middle East.