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Daily (23.03.2022): European carbon prices climbed to a six-day high on Tuesday ahead of options expiry
Oil prices fell marginally on Tuesday as it appeared improbable that European Union countries would join the US in imposing a Russian oil embargo in response to the country's invasion of Ukraine. Brent crude slipped by 0.2% to settle at $115.48 a barrel. U.S. WTI crude ended 0.3%, lower at $111.76.
read more... 23/03/2022
EU, UK see different paths through transition trilemma
The Russia-Ukraine conflict has prompted European governments to reaffirm their commitment to urgently speeding up their countries' transition to renewable energy and to reassess the role of natural gas in that transition.
read more... 23/03/2022
Daily (18.03.2022): Oil prices surpassed again $100 a barrel on Thursday amid risk of supply shortfall
Oil prices climbed back above $100 a barrel on Thursday as risks of a Russian supply shortfall are increasing amid doubts that a resolution between Russia and Ukraine will be reached in the near term. Hence, Brent crude soared by 8.8%, to settle at $106.64 a barrel, its largest percentage gain since mid-2020. U.S. WTI crude increased by 8.4%, to close at $102.98 a barrel.
read more... 18/03/2022
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Lawmakers urge Brussels to ditch green label for gas in EU taxonomy
A group of 102 lawmakers in the European Parliament have called on the European Commission to withdraw its proposal to include fossil gas in the EU’s green finance taxonomy, saying Russia’s invasion of Ukraine has rendered the proposal obsolete.
read more... 18/03/2022
Daily (17.03.2022): Oil prices lost around 1.5% on Wednesday, following news that ceasefire talks between Russia and Ukraine might be reaching a compromise
Crude oil prices continued to fall on Wednesday, weighed by concerns of a slowdown in demand for black gold and optimism regarding ceasefire talks between Russia and Ukraine. As a result, Brent oil lost 1.9% at $98.02 a barrel and WTI crude decreased by 1.5% to $95.04 a barrel.
read more... 17/03/2022