Latest news
Daily (22.02.2024): Oil prices rose on Wednesday as geopolitical tensions offset oversupply concerns
On Wednesday, oil prices rose despite worries about oversupply dampening investor sentiment. Heightened tensions in the Middle East and ongoing attacks on commercial ships in the Red Sea provided support to oil prices. Ahead of the publication of weekly US crude oil inventories, Brent crude settled at $83.03 a barrel, and WTI crude stood at $77.91 a barrel, both contracts increasing by about 1% day-on-day.
read more... 22/02/2024
Daily (21.02.2024): British near-term gas prices turned bullish on Tuesday due to reduced Norwegian flows and stronger demand
On Tuesday, oil prices fell due to concerns over a recession and weaker demand. Brent crude dropped by 1.5% to $82.34, while WTI Crude decreased by approximately 2% to $77.04, despite potential supply disruptions caused by the ongoing political conflict in the Middle East.
read more... 21/02/2024
The Belgian Presidency’s plan to unblock the EU’s energy taxation directive
Euractiv got hold of the Belgian Presidency’s plan to unblock the EU Energy Taxation Directive, which is currently stuck because of the unanimity rule applying to tax matters.
read more... 21/02/2024
EU reaches deal on world’s first carbon removal certification scheme
European Union legislators reached a political agreement in the early hours of Tuesday (20 February) on a proposal to set up the world’s first registry for certified carbon dioxide removals obtained from eco-farming practices and industrial processes.
read more... 20/02/2024
.jpg)
Clock ticking as EU tries to unblock energy taxation directive
The French electricity sector fears that the revision of the EU’s energy taxation directive will fail before the June European elections, despite a last push by the Belgian EU presidency, which is seeking to break the deadlock in the Council of the EU.
read more... 20/02/2024