Latest news
UK eyes new 1.2 GW nuclear plant – government
The UK government on Thursday outlined plans for the biggest expansion of nuclear power for 70 years, including the possibility of building a major new power station to help boost the security of supply.
read more... 11/01/2024
Daily (08.01.2024): Oil prices rebounded on Friday amid reduced Libyan supply and Middle East conflict concerns
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
Daily (05.01.2024): Gas prices rose on Thursday amid forecasts of a cold snap, despite a comfortable supply outlook
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
Daily (04.01.2024): Oil prices surged by over 3% on Wednesday amid supply disruption concerns
On Wednesday, oil prices saw an increase of over 3%, driven by the shutdown of a significant oil field in Libya due to protests. This occurred against the backdrop of tensions in the Red Sea that raised concerns about potential supply disruptions. As a result, Brent crude settled at $78.25, while WTI crude closed at $72.70 per barrel.
read more... 04/01/2024
Daily (03.01.2024): Gas prices declined on Tuesday amid anticipated warm weather and abundant supply
Despite ongoing tensions in the Red Sea related to shipping, oil prices experienced a decline of more than 1.5% on Tuesday. The upward surge of the dollar also put pressure on prices. Consequently, Brent crude ended at $75.89, and WTI crude stood at $70.38 per barrel.
read more... 03/01/2024