01/04/2026 – Italy Storage Auctions: Calendar published, starting Thursday, April 2 – Read more news
ITALIA: The calendars for the storage auctions have been published: today the STOGIT Mining Company, while tomorrow it will be the turn of ItalGas Storage and the first multi-year SNAM auctions. Tuesday, April 7th, the seasonal peak and uniform modulation rounds. The publication of the AREA resolution, which sheds light on incentives, is expected today
OIL: Crude oil prices are showing signs of cooling this morning following the latest statements from the US side. However, several analysts point to uncertainties about the fate of the Strait of Hormuz, and how de-escalation does not at all mean an immediate recovery in pre-conflict crude oil flows. OPEC countries' cumulative production is reportedly reduced by nearly 8 million barrel days, about ’8% of global demand, Reuters reported.
OIL: Crude oil prices are showing signs of cooling this morning following the latest statements from the US side. However, several analysts point to uncertainties about the fate of the Strait of Hormuz, and how de-escalation does not at all mean an immediate recovery in pre-conflict crude oil flows. OPEC countries' cumulative production is reportedly reduced by nearly 8 million barrel days, about ’8% of global demand, Reuters reported.
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