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MOL seeks OFAC extension as NIS license renewal deadline nears

OFAC timeline for MOL and NIS ownership talks Negotiations over the future ownership and operational structure of NIS are continuing in Serbia as regulatory deadlines...

Montenegro reinstates most fuel excise duties, limiting relief for motorists

Motorists in Montenegro have seen only partial relief from falling global fuel prices after the government moved to restore most of the temporarily reduced...

Serbia prolongs crude export ban to July 2026 and extends excise cuts

Export ban extended amid global oil market volatility Serbian authorities have extended emergency measures aimed at stabilizing the domestic fuel market amid disruptions in global...

Greece fuel demand shifts as petrol falls and diesel stays steady

Higher fuel prices have led households in Greece to reduce non-essential travel, with gasoline prices remaining above €2 per liter. Distributor preliminary estimates indicate...

EU considers freezing Russian oil price cap in 21st sanctions talks

European Union member states are unlikely to agree on a full ban on Russian oil imports or on prohibiting maritime services tied to Russian...

Brent below $100 as TTF and EEX futures move in opposite directions late May

During the fourth week of May, Brent crude oil futures (Front Month, ICE) stayed under the $100/bbl threshold. The highest settlement price in the...
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