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Physical Oil Markets Diverge from Financial Benchmarks Amid Supply Disruptions

The global oil market is currently experiencing a significant structural transformation as physical supply constraints take precedence over traditional financial benchmarks, leading to a...

Oil Markets Face Increased Volatility Amid Geopolitical Tensions

As of early 2026, oil markets are experiencing a significant shift characterized by heightened geopolitical risks that are reshaping price dynamics. This change follows...

Regional oil flows and indirect impacts

Oil markets shape South-East Europe less through headline prices and more through the direction, reliability, and cost of physical flows. Regional oil movements across...

Latest news

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...