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Daily (18.04.2019): EU carbon prices climbed by 1.7% on Wednesday, amidst tighter supply and bullish gas prices
Crude oil prices edged lower on Wednesday, as EIA announced that U.S. crude stocks fell less than anticipated. Meanwhile, OPEC supply cuts and U.S sanctions limited losses. As a result. Brent crude slipped by 0.1% to $71.62 a barrel, while WTI futures traded 0.5% lower at $63.76 a barrel.
read more... 18/04/2019
Serbia begins building TurkStream pipeline section
Serbia has started construction of its section of the TurkStream pipeline to carry Russian natural gas to Europe, the country's Foreign Minister Ivica Dacic said Wednesday.
read more... 18/04/2019
DEPA sells gas to Bulgaria at 16 pct less
Public Gas Corporation (DEPA) of Greece has sold natural gas to Bulgaria at a price 10 percent below the Bulgarian regulated rate and 16 percent below the rate offered to its major clients in Greece, thereby subsidizing industry in the neighboring country.
read more... 18/04/2019
Serbia's Kovacica, Cibuk wind farms to supply power to 180,000 households
Serbia's Kovacica and Cibuk wind farms will produce electricity for some 180,000 households, while reducing carbon dioxide emissions by over 600,000 tonnes per year, the European Bank for Reconstruction and Development said on Wednesday.
read more... 18/04/2019
Daily (17.04.2019): NBP spot price plummeted by 5.2% on Tuesday, due to strong LNG arrivals
Oil prices added ground on Tuesday, bolstered by declining Venezuelan and Iranian exports and violence in Libya, which raised concerns over global crude supply. Meanwhile, expectations for higher U.S. inventories limited gains. Brent crude rose by 0.8% to $71.72 a barrel, while WTI Crude increased by 1% to $64.05 a barrel.
read more... 17/04/2019