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Daily (20.07.2017): EU carbon prices decreased by 1.5% on Wednesday

Oil soared on Wednesday, supported by strong demand for gasoline in the US and a major decline in the stocks, according to the API. Brent crude jumped by 1.76% to close at $49.70 a barrel, while WTI price rose by 1.55% to end at $47.12 a barrel.

read more... 20/07/2017

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Egypt targets the increase in natural gas output by 100% by 2020

The Egyptian petroleum ministry declared that the three recently discovered gas fields will boost Egypt’s natural gas output by 50% the next year, and double it by 2020.

read more... 18/07/2017

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Daily (18.07.2017): UK gas price jumped by almost 7% on Monday on high exports to the continent

Oil prices fell on Monday for the first time in the last six sessions. In a monthly report released on Monday, the U.S. EIA estimated a rise in August oil production from seven major US shale players, compared with July, with the Permian Basin expected to see the largest output climb. Brent crude decreased by 1% to close at $48.42 a barrel, while WTI price dropped by 1.12% to end at $46.02 a barrel.

read more... 18/07/2017

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Panasonic and Toyota create first car with solar panel

Panasonic Corporation has started producing 180-watt solar cells that can be installed on the roof of a car. The cells have been used to mass-produce the first car with a solar panel on its roof.

read more... 17/07/2017

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Daily (17.07.2017): EU carbon prices increased by 1.1% on Friday

Oil prices edged higher in rough trading on Friday, boosted by a report from the IEA that demand growth is accelerating and that oil stocks had fallen. The IEA raised its demand estimate for the Q2, while it reduced its figure for non-OPEC supply. Consequently, the oil market showed a vast deficit last quarter. Both, Brent crude and WTI prices rose by 1% to close at $48.91 a barrel and $46.54 a barrel respectively.

read more... 17/07/2017

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