oil prices.

Polish drivers can’t stop talking about the return of the 23% VAT on fuel. However, the European fuel market may be doomed to more price hikes once the sanctions on Russian oil products are introduced – writes Mariusz Marszałkowski, editor at BiznesAlert.pl.

Three OPEC+ countries have announced additional production cuts to the tune of over 1 m b/d until oil prices drop. The coronavirus did kill the oil deal, but it’s not done yet. Further cuts will be determined by the market, not political declarations – writes Wojciech Jakóbik, editor in chief at BiznesAlert.pl.

The oil price crisis is affecting every oil producer in the world. At a time like this oil companies are trying to outdo their competition in assurances on how long they are able to last. In case of Russia’s ability to withstand the crisis contradictory information cropped up. What is the real price of extracting […]

Russia has increasingly more reasons to abandon the OPEC+ agreement and revert to a price war. By going against the cartel and its powerful members, Moscow would be able to keep tabs on the situation in Europe and in Belarus and grow its assets in Asia – writes Wojciech Jakóbik, editor in chief at BizensAlert.pl.