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Daily (07.09.2023): Gas prices retreated on Wednesday due to postponed strikes at Australian LNG plants
On Wednesday, crude oil prices edged higher as traders expected reductions in U.S. crude due to ongoing production cuts in both Saudi Arabia and Russia. Hence, Brent crude rose by 0.6% to $90.60 a barrel, while WTI crude increased by about 1% to $87.54 a barrel.
read more... 07/09/2023
Daily (06.09.2023): Oil prices hiked above $90 per barrel after Saudi Arabia and Russia extended their supply curbs until December 2023
Crude oil prices increased on Tuesday amid announcement that Saudi Arabia and Russia will extend production cuts until December 2023. Stronger manufacturing data from China lent further support on price. Hence, Brent crude traded around 1% higher at $90.04 a barrel. Meanwhile, U.S. WTI crude rose by 0.9% to end at $86.69 a barrel.
read more... 06/09/2023
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G20 per capita CO2 emissions from coal rise 7% from 2015
Group of 20 nations have increased per capita emissions nearly 7% from coal-fired power since 2015, with China and India adding new plants, and Australia's CO2 count per head nearly three times higher than the world average, research showed on Tuesday.
read more... 05/09/2023
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Demand flexibility: a key challenge for EU electricity market reform
The massive development of intermittent renewable energies is set to dramatically increase the need for flexibility in the electricity grid, and market players want increased focus on demand management as a source of grid optimisation.
read more... 05/09/2023
Daily (01.09.2023): Gas prices retreated on Thursday as the impact of Australia's strikes was assessed as minimal
On Thursday, crude oil prices added ground, rising for a third month in a row on expectations that cuts by OPEC+ would continue through the end of 2023. Hence, Brent crude rose by 1.1% to $86.86 a barrel, while WTI crude increased by 2.5% to $86.63 a barrel.
read more... 01/09/2023