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Daily (11.01.2024): European carbon prices declined by around 3% on Wednesday amid bearish sentiment and notable increase in short positions
Oil prices fell by 1% on Wednesday due to a surprising rise in US crude inventories, causing concerns about the supply-demand balance. According to the report, US commercial crude inventories increased by 1.3 million barrels in the week ending January 5. As a result, Brent crude settled at $76.80, while WTI crude closed at $71.37 per barrel.
read more... 11/01/2024
Portugal, Spain and France agree to boost energy links
Portugal, Spain and France will strengthen energy links, according to a memorandum of understanding that sets new priorities for the High-Level Group, signed with the EU Commission in Brussels Tuesday.
read more... 21/12/2023
France and Sweden strengthen nuclear ties
France plans to build several nuclear reactors in Sweden, according to an agreement signed on the sidelines of the EU’s Energy Council meeting in Brussels on Tuesday.
read more... 21/12/2023
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Global coal demand to decline by 2026
Global coal demand is anticipated to undergo a significant shift in the coming years, according to the latest International Energy Agency (IEA) annual coal market report.
read more... 15/12/2023
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Final accord reached on Belgian reactor operations
A final agreement has been signed between the Belgian government and French utility Engie to extend the operation of the Tihange 3 and Doel 4 nuclear power reactors by 10 years and on all obligations related to radioactive waste.
read more... 14/12/2023