On Wednesday, oil prices rebounded, driven by increased demand in the United States and statements from the President of the Federal Reserve (Fed) indicating potential interest rate cuts later this year. As a result, the Brent crude oil stood at $82.96 a barrel, while WTI crude settled at $79.13 a barrel.
read more... 07/03/2024
In the race to secure a nuclear unit tender for the Dukovany power plant, Czechia express concerns over cost overruns and delays, casting a shadow on French company EDF’s bid.
read more... 07/03/2024
The European Union is poised to agree on a joint exit from a controversial energy investment protection agreement that activists say is a roadblock to the bloc’s path toward climate neutrality.
read more... 07/03/2024
The UK has extended a windfall tax on oil and gas companies operating in the country by a year to 2029, it said on Wednesday.
read more... 07/03/2024
Oil prices saw a minor decrease due to low demand on Tuesday, despite potential supply interruptions stemming from the current political unrest in the Middle East. Brent crude fell by 1% to $82.04, and WTI Crude also dipped by around 1% to $78.15.
read more... 06/03/2024