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Daily (31.08.2023): Carbon prices added almost 2% gain on stronger Polish auction
Crude oil prices had another daily rise on Wednesday driven by supply tightening concerns, as OPEC members need to decide on further potential output cuts in September. Hence, Brent crude rose by 0.4% to settle at $85.86 a barrel.
read more... 31/08/2023
Bulgaria offers Slovenia new nuclear power plant project
Bulgaria offered Slovenia to join the project for the new reactors at the Kozloduy Nuclear Power Plant as an energy buyer or as an investor, an offer that was already made to Greece earlier this year.
read more... 30/08/2023
Daily (28.08.2023): Supply concerns and stronger dollar pushed oil prices higher on Friday, despite gloomy global economic outlook
Oil prices edged up on Friday as supply concerns and a stronger dollar outweighed the worsening global economic outlook. Thus, Brent crude rose by 1.3% to settle at $84.48 a barrel, while WTI crude gained about 1% at $79.83 a barrel.
read more... 28/08/2023
Daily (23.08.2023): European carbon prices surged by over 2% amid bullish gas prices
Oil prices fell slightly on Tuesday due to the worsening economic outlook in China and uncertainties surrounding the possible impact of the economic slowdown in the US. Thus, Brent crude edged 0.5% down at $84.03 a barrel, while WTI crude traded 1.3% lower at $79.64 a barrel.
read more... 23/08/2023
Daily (15.08.2023): European carbon prices reached a two-week high on Monday amid forecasts of a heatwave and dropping renewables generation
Oil prices saw a decline on Monday due to economic concerns surrounding China, the biggest consumer of crude oil. The focus shifted to China's struggles in achieving post-pandemic economic recovery, outweighing the impact of the tightening global oil supply. As a result, Brent crude fell by 0.7% to $86.21 a barrel, while WTI crude dropped by 0.8% to settle at $82.51 a barrel.
read more... 15/08/2023