On Tuesday, crude oil prices kept declining as investors assessed the possible consequences of a ceasefire agreement between Israel and Hamas. This deal has the potential to conclude the ongoing Gaza conflict, which has persisted for six months. Hence, Brent crude declined by 1% to settle at $89.42 a barrel. Meanwhile, U.S. WTI crude dropped by 1.4% to $85.23 a barrel.
read more... 10/04/2024
The Parliament’s trade and energy committees voted on Tuesday (9 April) to support the EU withdrawal from the Energy Charter Treaty (ECT), with 58 Members of the European Parliament (MEPs) in favour, eight against, and two abstaining.
read more... 10/04/2024
The EU will investigate subsidies received by Chinese suppliers of wind turbines destined for Europe, in the bloc's latest move to shield domestic firms from cheap clean tech products.
read more... 10/04/2024
The upper house approved the bill late on Tuesday by 233 votes to 109, after it had successfully passed through the lower house.
read more... 10/04/2024
On Monday, oil prices retreated after sharp price climbs amid hopes of a de-escalation in the Gaza conflict. Brent crude rose by 1% to $90.38 a barrel, while WTI crude experienced a similar 1% decrease to $86.43 a barrel.
read more... 09/04/2024