English

Diesel prices "explode" in Europe

Diesel prices in Europe have reached their highest level since 2022, with diesel futures rising above $200 per barrel, or $1,498 per ton, marking a nearly 10 percent daily jump on the London market.

9:07

3.4.2026.

16 d

New deadline - May 22nd

MOL obtains U.S. approval: Talks on taking over NIS continue

The Office of Foreign Assets Control (OFAC) at the U.S. Department of the Treasury has approved MOL’s request and extended the deadline for negotiations on the purchase of a majority stake in Petrol Industry of Serbia (NIS) until May 22.

23:33

24.3.2026.

25 d

English

OFAC extended the license for NIS

The Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury has extended the license for the Petroleum Industry of Serbia (NIS) to operate until April 17, 2026.

7:30

20.3.2026.

30 d

Efforts for stabilization of prices

U.S. to release 172 million barrels from strategic oil reserves

The United States has announced it will release 172 million barrels of oil from its Strategic Petroleum Reserve (SPR) in an effort to curb rising oil prices amid the conflict involving the U.S., Israel and Iran, U.S. Energy Secretary Chris Wright said.

8:05

12.3.2026.

38 d