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
On Friday, oil prices experienced a notable upswing as investors took precautionary measures leading into the weekend, driven by uncertainties surrounding the Middle East conflict and the market's expectation of an extended OPEC+ production cut. Consequently, Brent crude settled at $81.43 a barrel, while WTI crude closed at $77.17 a barrel, both contracts climbing by about 2%.
read more... 13/11/2023
Oil prices recovered slightly on Thursday after falling to their lowest levels since July the previous day, with the market betting on an extension of OPEC+ cuts. Hence, Brent crude settled at $80.01 a barrel, while WTI crude closed at $75.74 a barrel, both contracts edging about 0.5% higher.
read more... 10/11/2023
The German government has reached a five-year agreement on a package of measures to support industry in the face of high electricity prices, as it steps up efforts to stop firms relocating to countries with lower production costs.
read more... 10/11/2023
On Wednesday, oil prices extended their decline, with Brent crude dropping below $80 a barrel for the first time since July. This drop was mainly driven by concerns about the bleak economic outlook in China and Europe, which heightened worries about global demand for oil. Consequently, Brent crude ended at $79.54 per barrel, while WTI crude stood at $75.33 per barrel.
read more... 09/11/2023