Oil prices rallied further on Monday amid speculations that OPEC+ is considering deeper cuts at the 26 November meeting in Vienna. Consequently, Brent crude settled at $82.32 per barrel, up by 2% day-on-day. WTI crude climbed by 2.6% to end at $77.83 per barrel.
read more... 21/11/2023
Financing for nuclear and the redistribution of potential windfall profits made by electricity operators remain key sticking points as EU legislators prepare for talks on Thursday (16 November) to reform the bloc’s electricity market.
read more... 15/11/2023
Oil prices climbed on Monday, propelled by the publication of OPEC+'s monthly report aimed at mitigating "exaggerated negative sentiments" regarding the global oil demand outlook. As a result, both contracts rose by about 1.4%. Brent crude settled at $82.52 per barrel, while WTI crude ended at $78.26 per barrel.
read more... 14/11/2023
State-controlled power group EDF and the French government have reached a tentative deal on future nuclear power prices, a source close to the government said on Monday, ending months of tense negotiations.
read more... 14/11/2023
Construction on a high-voltage subsea cable able to carry enough power for 450,000 homes, with the aim of boosting energy security and helping to reduce bills, began on Monday between France and Ireland.
read more... 14/11/2023