On Friday, oil prices bounced back, supported by a decrease in Libyan supply and concerns about the potential expansion of the conflict in the Middle East to other countries, with traders opting for cautious positions ahead of the weekend. As a result, Brent crude settled 1.5% higher at $78.76, while WTI crude rose by more than 2% to end at $73.81 per barrel.
read more... 08/01/2024
France requires more than the six new nuclear plants currently planned and possibly needs to build more than 14 new plants, its energy minister said, just days before a parliamentary debate begins on the issue.
read more... 08/01/2024
Britain said it plans to spend 300 million pounds ($380 million) on a new programme to produce advanced nuclear fuel suitable for the next generation of power-generating reactors, seeking to dislodge Russia as the main international supplier.
read more... 08/01/2024
Austria generated 87% of its power from renewable sources in 2023 following record years of solar panel expansion, putting it behind Luxembourg in the EU rankings.
read more... 08/01/2024
Oil prices fell by about 1% on Thursday, undermined by a jump in US gasoline and diesel inventories, which raised questions in the market about the state of demand in the US. Consequently, Brent crude ended at $77.59, while WTI crude settled at $72.19 per barrel.
read more... 05/01/2024