Sunday, October 12, 2025
The European Central Bank Won’t Provide Financing For Energy Firms- oil and gas 360

The European Central Bank won’t provide financing for energy firms

Oil Price The European Central Bank will not give short-term financing to European energy firms struggling through the energy crisis, sky-high prices, and margin calls on the derivatives markets, ECB President Christine Lagarde said on Friday.     “As far as the ECB is concerned, and the national central banks of the Eurosystem, of course we stand ready to provide

Crude Leaps as OPEC+ Eyes Meeting Date, Europe Talks Stimulus

From Bloomberg Oil cartel proposes early July gathering as stalemate eases, WTI extends gains further after API sees declining stockpiles Oil surged to its biggest gain in five months as OPEC and its allies moved closer to a meeting to extend supply cuts while the European Central Bank raised hopes of a new stimulus to pump up demand. Futures in