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Daily (18.12.2019): Crude oil prices settled higher for a fourth straight day on Tuesday after “phase one” of the U.S.-China deal
Crude oil futures settled higher for the fourth day in a row on Tuesday, spurred by Friday’s announcement of a “phase one” trade agreement between the United States and China, deal aimed to increase oil demand in 2020.
read more... 18/12/2019
Smolensk unit 3 gets licence extension
Russian regulator Rostechnadzor has issued a 15-year operating licence extension for unit 3 of the Smolensk nuclear power plant, the last of three RBMK-1000 reactors at the site in western Russia. The move means the whole plant has permission to operate for a total of 45 years.
read more... 18/12/2019
Global coal demand set to remain stable through 2023, despite headwinds
While global coal demand looks set to rise for the second year in a row in 2018, it is forecast to remain stable over the next five years, as declines in Europe and North America are offset by strong growth in India and Southeast Asia, according to the International Energy Agency’s latest coal market report, Coal 2018.
read more... 18/12/2019
French strike cuts power capacity by 2 GW
A strike is cutting France’s power capacity by 2,055 MW on Wednesday morning, of which 665 MW was nuclear, 1,160 MW coal and 230 MW hydro, the latest transparency data showed.
read more... 18/12/2019
Daily (17.12.2019): German spot power skyrockets 58% on stronger consumption outlook
Crude oil futures slightly increased on Monday after reaching a three-month high on Friday, as the traders have taken a wait-and-see attitude. The U.S. and China have reached phase one of their trade agreement after 18 months of political tension. Brent crude for February delivery rose by 12 cents, or 0.2%, to settle at $65.34 a barrel, while WTI crude for January delivery added 14 cents, or 0.2%, to close at $60.21 a barrel.
read more... 17/12/2019