Oil prices climbed further on Friday, driven by tight supplies, as Saudi Arabia extended its cuts in production until September, while Russia followed its lead. Hence, Brent crude increased by 1.3% to $86.24 a barrel, while WTI crude advanced by 1.6% to settle at $82.82 a barrel.
read more... 07/08/2023
Oil prices climbed further on Friday, driven by tight supplies, as Saudi Arabia extended its cuts in production until September, while Russia followed its lead. Hence, Brent crude increased by 1.3% to $86.24 a barrel, while WTI crude advanced by 1.6% to settle at $82.82 a barrel.
read more... 07/08/2023
France overtook Sweden to become Europe’s biggest net power exporter in the first half of 2023, amid an increase in nuclear power availability, while Germany ramped up imports, said Montel’s EnAppSys on Friday.
read more... 07/08/2023
On Thursday, crude oil prices rose due to measures taken by Saudi Arabia and Russia to ensure a tight supply into September, and potentially further. Hence, Brent crude surged by 2.3% to $85.14 a barrel, while WTI crude increased by about 2.6% to settle at $81.55 a barrel.
read more... 04/08/2023
Britain has increased the amount available in its latest auction round to spur renewable power projects by 22 million pounds ($28 million) taking the total to 227 million pounds, the government said on Thursday.
read more... 04/08/2023