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Daily (09.10.2023): British gas prices jumped on Friday amid concerns over potential strikes in Australia
Oil prices experienced a 0.6% daily increase on Friday on improved market sentiment, driven by a return of risk appetite among investors. However, gains were capped as concerns about global demand still linger in the background. As a result, Brent crude reached $84.58 per barrel, while WTI crude reached $82.79 per barrel.
read more... 09/10/2023
Europe could become energy self-sufficient in $2 trillion push
Europe could wean itself off fossil fuels and create a self-sustainable energy sector by spending around 2 trillion euros ($2.1 trillion) on solar, wind and other regenerative sources by 2040, according to a new study.
read more... 05/10/2023
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France to miss 2030 interconnector targets
France is set to significantly increase its interconnector capacity by 2030 but will still fall short of TSO targets amid project delays, the country’s TSO RTE told Montel.
read more... 05/10/2023
Daily (04.10.2023): German spot power surged dramatically by over 200% due to reduced wind energy generation
On Tuesday, crude oil prices slightly increased from earlier lows, however, the rebound was limited by the prospect of higher interest rates and concerns over the health of the global economy. Hence, Brent crude edged 0.2% higher at $90.92 a barrel. Meanwhile, U.S. WTI crude rose by 0.5% to $89.23 a barrel.
read more... 04/10/2023
Daily (29.09.2023): Forward gas prices extended losses on Thursday amid ample supply and high inventory levels
Oil prices lost ground on Thursday, driven by profit-taking after the previous day's increase. Thus, Brent crude fell by 1.2% to settle at $95.38 a barrel, while WTI crude tumbled by 2% to close at $91.71 a barrel.
read more... 29/09/2023