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Daily (08.10.2018): European carbon prices jumped on Friday in a strong auction, posting over a 5% gain for the week

Oil crude prices were almost steady, in a balanced market, as Saudi Arabia and Russia declared about its intention to raise production to partly offset the disruption in Iran exports, as soon as U.S. sanctions will be applied on the 4th of November WTI crude remained stable and traded at $74.34 a barrel, whereas Brent price slipped by 0.5% to close at $84.16 a barrel.

read more... 08/10/2018

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Daily (26.09.2018): The carbon contracts traded almost 5% lower on Tuesday due to a bearish energy complex

Oil futures continued to rise on Tuesday, on concerns over global supply, once U.S. sanctions on Iran’s crude exports will be applied in November. The increase in prices was limited by Donald Trump’s call on OPEC to raise production. Brent crude added 0.8%, extending its 4-year peak to $81.87 a barrel. Meanwhile, WTI crude edged 0.3% higher to $72.28 a barrel due to falling U.S. inventories.

read more... 26/09/2018

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Iberdrola plans to boost U.S. renewable power by about 50 percent: CEO

Iberdrola SA, the world’s biggest wind power producer, plans to expand its renewable capacity in the United States by about 50 percent over four years as part of the Spanish electric utility’s global plan to reduce carbon emissions, its chief executive told Reuters on Monday.

read more... 25/09/2018

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Turkish Petroleum awards US cooperation for Mediterranean offshore drill

Turkish Petroleum signs contract with the U.S. based Rowan Companies for drilling two hydrocarbon wells in the Mediterranean Sea for an estimated period of 100-140 days, the U.S. company announced on Monday.

read more... 25/09/2018

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Daily (18.09.2018): Electricity prices on the curve surged by around 5% on Monday, tracking bullish carbon markets

Oil crude prices fell slightly on Monday, as trade tensions between U.S. and China could have an impact on the global demand. Brent crude ended 0.1% down at $78.05 a barrel, but losses were capped by a cut in Iranian outputs. WTI crude also slipped by 0.1% to $68.91 a barrel.

read more... 18/09/2018

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