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Daily (10.08.2022): EUAs expiring in December 2022 surged to a four-week high on Tuesday
The news that some oil supplies on the Russia-to-Europe Druzhba pipeline that crosses through Ukraine had been stopped combined with worries that a slowing economy could cut demand, resulted in a modest decline in oil prices on Tuesday. As such, Brent crude oil price settled 0.4% lower at $96.31, while WTI crude ended 0.3% down to settle at $90.50 a barrel.
read more... 10/08/2022
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Russia resumes natural gas supplies to Latvia
Russian natural gas supplies to Latvia resumed on Aug. 5, a week after they were halted by Russian exporter Gazprom, data from transmission system operator Conexus Baltic Grid (CBG) showed.
read more... 10/08/2022
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Germany likely to miss gas storage target without additional measures
If reduced Russian gas flows through Nord Stream 1 pipeline to Germany remain at the current level, Germany might not hit its gas storage target by November.
read more... 09/08/2022
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EU plan to cut gas use by 15% set to come into effect
An EU plan to cut gas consumption across the bloc by 15 per cent to cope with an energy price crisis spurred by Russia’s war in Ukraine comes into effect on Tuesday (9 August).
read more... 09/08/2022
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France will have filled up its strategic gas reserves by start of November
France will have filled out 100 percent of its strategic gas reserves by November 1, government energy transition minister Agnes Pannier-Runacher told C News TV, as European countries prepare for fewer energy supplies coming through from Russia.
read more... 04/08/2022