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Daily (8.07.2019): NBP day-ahead jumped by 9.6% on Friday, due to outages at the Nyhamma gas plant

Oil prices reversed trend adding gains on Friday, bolstered by the rising tensions in Iran and a decision by OPEC and its allies to extend oil supply cuts until next year. Nevertheless, weak manufacturing data from around the globe limited oil gains. As a result, Brent crude climbed by 1.5% to $64.23 a barrel, while WTI futures inched up by 1.3% to $57.51 a barrel.

read more... 08/07/2019

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Equinor to sell 16% stake in Lundin Petroleum for £1.2bn

The Norwegian oil and gas giant will hold a 4.9% stake in the Swedish company while increasing its ownership in the Johan Sverdrup field.

read more... 08/07/2019

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Ukraine winter season gas reserves rise -Ukrtransgaz

Ukraine, which wants to stockpile at least 20 billion cubic metres (bcm) of gas for the 2019/20 heating season, had reserves of almost 14 bcm as of July 6, state gas transport company Ukrtransgaz said on Monday.

read more... 08/07/2019

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Senvion installs 546 MW of wind turbines in H1 2019

Debt-laden wind turbine maker Senvion SA has achieved 89% year-on-year growth in first-half installations by completing work on wind farms totalling 546 MW in January-June 2019.

read more... 08/07/2019

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Daily (05.07.2019): EU carbon prices dropped by around 1.8% on Thursday in a weaker auction

Crude oil prices declined in a thin trading due to a public holiday in the U.S. on Thursday, influenced by a smaller-than-anticipated drop in the U.S. crude inventories. Concerns of a scarce demand stoked by weaker U.S. factory orders and slower business growth in Europe also weighed on prices. However, this week’s decision on the extension of OPEC+ output cuts limited losses. Against that background, Brent crude lost 0.8% to settle at $63.30 a barrel, while WTI futures ended 0.9% lower at $56.80 a barrel.

read more... 05/07/2019

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