Tag: Libya

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Middle East War Drives Energy Prices Higher, Costing Europe Billions and Exposing Dependence on Fossil Fuels

An additional €3 billion spent on fossil fuel imports—this is the cost European taxpayers incurred during the first 10 days of the war in...

Central Bank Week: Rising Oil Prices and the Iran Conflict Begin to Reshape Global Inflation Outlook

Inflation and market reactions to rising oil prices are currently at the center of global investor attention. This week can rightly be described as...

ORLEN Streamlines Upstream Operations in Poland to Boost Gas Production

The ORLEN Group is continuing its integration of domestic oil and gas production assets in Poland as part of a broader effort to enhance...

Why the Paris Agreement Still Matters, Even Without the U.S.

According to data from the Climate Action Tracker, by the end of February this year, only 18 countries that signed the Paris Agreement had...

ORLEN Increases Natural Gas Production by 20% in 2024, Targets Further Growth by 2030

In 2024, the total natural gas production of the ORLEN Group in Poland and abroad increased to 8.6 billion cubic meters, marking a 20%...

ORLEN Boosts Natural Gas Production: New Compressor Station at Kościan-Brońsko Mine Launched

ORLEN has finalized the construction of a natural gas pumping station at the Kościan-Brońsko Mine (Wielkopolskie voivodeship). The launch of the compressor complex allows...

Election uncertainty in the USA supports investment metals, whilst stabilization in China may strengthen the silver market

Uncertainty involving a variety of factors, including the US presidential elections, will continue to support demand for investment metals. Silver can play a...

Falling Oil Prices and a Strong Zloty Support Lower Fuel Prices at Gas Stations

There is growing potential for gasoline prices to drop to around 6 PLN per liter. Oil prices are falling, and investors are waiting for...

Inflation in Germany opens the door for rate cuts by ECB, euro retreats on markets

Yesterday's data from Germany on inflation has provided ample room for the European Central Bank (ECB) to lower interest rates at the next meeting...

Wall Street Correction Gains Momentum as Fed Policy Shift Takes Center Stage

The correction on Wall Street is increasingly gaining momentum. Yesterday, the main Wall Street indices fell. Nasdaq Composite ended the day with a result...
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