Energy in Canada

In 2017 the European Union (EU) relied on net imports for 87% of its oil consumption. This ratio, known as the oil import dependency rate, is unchanged from 2016 and two percentage points below the peak of 89% recorded in 2015, Eurostat reported.

Boosted by surging output, the United States is becoming a significant exporter of crude oil, a shift that is remaking American infrastructure and altering the global petroleum market.

Turkish inflation dropped under 9 percent in September for the first time in five months, beating the market expectations, during the month before the hike in gas and electricity prices are implemented.

An increasing number of large Bulgarian companies buy electricity from abroad, said the chairperson of the Institute for Energy Management Ivanka Dilovska at an energy forum. 

According to her the trend started in the past several months and will most likely increase until the full capacity of imports is reached.