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Daily (14.02.2024): European carbon prices continued their downward trend on Tuesday amid selling pressure and bearish energy complex

Oil prices finished higher on Tuesday, despite a disappointing inflation report from the United States, which some saw as a sign that demand remains sustained. Hence, Brent crude rose by about 1% to settle at $82.77 a barrel, while WTI crude increased by more than 1.2% to stand at $77.87 a barrel.

read more... 14/02/2024

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France cuts EV subsidy for higher-income buyers

The government cut the subsidy from €5,000 to €4,000 for the 50% highest-income car buyers.

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Energy price cap expected at £1,550 for April

BFY Group predicts a drop in the energy price cap for April, estimating it to be around £1,550

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EU to step up efforts for more carbon markets worldwide

The European Union will increase diplomatic efforts to help countries outside the bloc to launch carbon markets in the hope of fostering international trade of CO2 emissions, the bloc's climate policy chief said on Tuesday.

read more... 14/02/2024

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Daily (13.02.2024): Forward gas prices declined by about 5% on Monday due to a comfortable supply outlook

Oil prices ended mixed on Monday, with the market showing some relaxation after the recent surge. Nonetheless, geopolitical tensions persist. Consequently, Brent crude traded 0.2% lower at $82 a barrel, while WTI crude remained relatively stable to bullish at $76.92 a barrel.

read more... 13/02/2024

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