Algeria has emerged as one of the supply sources that enhance the resilience of the German gas system, at a time when Germany is heading into winter with unprecedented low storage levels. The CEO of the German company 'VNG' confirmed that the company's import portfolio has become more diversified and capable of facing supply disruptions, relying on gas contracts signed with Algeria and Azerbaijan, along with supplies coming through pipelines from Norway. According to Reuters, the CEO of 'VNG', Ulf Heitmüller, stated that the German gas system has become stronger compared to the energy crisis the country faced in 2022, thanks to the diversification of supply sources and increased...
Oil prices rose by more than 1% at the beginning of trading this Monday. Brent crude futures increased by $1.82, or 1.74%, reaching $106.14 per barrel, while West Texas Intermediate crude futures rose by 1.23%, equivalent to $1.14, to reach $93.55 per barrel.
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