The bankruptcy procedure for the operator of Nord Stream 2 gas pipeline has been extended for another six months until July 10, 2023, according to the Swiss Official Gazette of Commerce (SOGC)

US crude prices fell 25 percent on fear that the United States will run out of space to store its oil as supply flowed out of wells faster than producers could cut, leaving little spare capacity for storage

US crude production was estimated to have fallen by 600,000 barrels per day, weekly data from the Energy Information Administration (EIA) showed on Wednesday

The Nord Stream gas pipeline will not have its operations disrupted by the COVID-19 restrictions thanks to highly automated systems and will deliver all volumes of contracted gas safely, the operator company, Nord Stream AG, said on Friday

Oil prices rose above $70 per barrel on Monday, trading at near four-month highs as Washington and Tehran exchanged strike threats after the US killing of an Iranian general raised fears of war in the world's top hub for crude production