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Daily (07.03.2022): Crude oil surged to new multi-year highs on Friday amid supply fears

Crude oil prices surged to multi-year fresh highs on Friday amid ongoing supply worries as traders avoided buying Russian oil products, outweighing optimism about Iran nuclear deal. Hence, Brent crude spiked by 6.9% to settle at $118.11 a barrel., its highest level since February 2013. U.S. WTI crude soared by 7.4% to end at $115.68 a barrel, its highest finish since September 2008.

read more... 07/03/2022

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Daily (04.03.2022): Oil prices saw a downward correction on Thursday amid hopes of a nuclear deal between Iran and the US

Oil prices retreated from a decade high on Thursday amid hopes of a nuclear deal between Iran and the US. Hence, Brent crude decreased by $2.47, or 2.2%, to settle at $110.46 a barrel. U.S. WTI crude fell by $2.93, or 2.6%, to end at $107.67 a barrel.

read more... 04/03/2022

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IAEA appeal after shelling and fire at Zaporozhe

The State Nuclear Regulatory Inspectorate of Ukraine (SNRIU) said in a statement at 07:15 local time (05:15 GMT) that shelling by Russian forces at the site of the country’s largest nuclear reactor had caused a fire to break out.

read more... 04/03/2022

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Germany considers keeping nuclear power plants online

Amid the ongoing war in Ukraine, the German government is examining every option to keep the country warm and reduce its energy dependence on Russia. Keeping nuclear power plants online is being reviewed, but it may be unlikely.

read more... 01/03/2022

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Nuclear, coal, LNG: 'no taboos' in Germany's energy about-face

Germany signalled a U-turn in key energy policies on Sunday, floating the possibility of extending the life-spans of coal and even nuclear plants to cut dependency on Russian gas, part of a broad political rethink following Moscow's invasion of Ukraine.

read more... 28/02/2022

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