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Daily (22.07.2019): EU carbon prices jumped by almost 4% on Friday, ahead of an approaching heatwave and bullish technical signals

Oil prices increased on Friday, bolstered by the rising tensions in Iran, after U.S. Navy destroyed an Iranian drone in the Strait of Hormuz. As a result, Brent crude climbed by 0.9% to $62.47 a barrel, while WTI futures inched up by 0.6% to $55.63 a barrel.

read more... 22/07/2019

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Russia’s oil output rebounds from 3-year-low

Russia’s oil production in the past few days has recovered to the ceiling that Moscow has pledged in the OPEC+ deal, Russian Energy Minister Alexander Novak said, after output had dropped to nearly 3-year lows in the 1st days of July, Oilprice reported.

read more... 22/07/2019

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EDF could shut power output at Golfech nuclear plant due to hot weather

French utility EDF could shut down production at its 2,600 megawatt capacity Golfech nuclear power plant in the south of France from Tuesday July 23, due to the high temperature forecast on the Garonne river.

read more... 22/07/2019

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Siemens Gamesa scoops record 1.7-GW order for US offshore wind

Siemens Gamesa Renewable Energy SA has received a conditional order from Ørsted A/S and Eversource Energy to supply 1,714 MW of turbines for three offshore wind farms in the US.

read more... 22/07/2019

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Daily (19.07.2019): NBP spot slumped by 4% on Thursday, due to increased supply and weak demand

Crude oil prices continued their downward evolution on Thursday, influenced by lower U.S. equities markets. Prices were also weighed by an expected rise in the U.S. offshore oil output, as platforms have been returning to service after the Hurricane Barry passed through the Gulf of Mexico last week. Brent crude sank by 2.7% to $61.93 a barrel, while WTI futures dipped by 2.6% to $55.30 a barrel.

read more... 19/07/2019

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