Latest news
Daily (16.05.2024): European carbon prices fell on Wednesday amid persistent selling pressure and reduction in investment funds' short position
Wednesday saw an uptick in oil prices, propelled by renewed optimism regarding the potential for China's economic recovery to stimulate demand for the remainder of the year. Hence, Brent crude settled 0.5% up at $82.75 per barrel, while WTI crude stood at $78.63 per barrel, increasing by about 1% day-on-day.
read more... 16/05/2024
Daily (14.05.2024): Carbon prices fell at their lowest level since May 1st amid extended sell-offs
On Monday, oil prices rebounded after a series of Ukrainian strikes on Russian storage and refining sites, along with signs of strengthening demand in the United States. Hence, Brent crude slightly rose by 1% to $83.36 per barrel, and WTI crude increased by 1 % $79.12 per barrel.
read more... 14/05/2024
New EU scheme could hike petrol, gas prices higher than expected
The EU’s new carbon pricing scheme for road and heating fuels (ETS2) – set to be introduced across the bloc in 2027 – could lead to higher price hikes than initially thought, key lawmakers told Euractiv.
read more... 14/05/2024
UK scraps hydrogen town plan
The UK Government has halted plans for a hydrogen town trial until after 2026, citing the need for strategic decisions regarding hydrogen's role in decarbonising heat
read more... 13/05/2024
Daily (10.05.2024): European carbon prices rose by over 2% on Thursday, driven by technical trading activity
Oil prices ended slightly higher on Thursday following a decrease in crude oil inventories. Hence, Brent crude slightly rose by 0.4% to $79.26 per barrel. WTI crude reached $83.88 per barrel, gaining 0.3% day-on-day.
read more... 10/05/2024