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Daily (10.01.2019): WTI crude jumped by over 5% on U.S.-China trade negotiations optimism
Oil prices soared on Wednesday on optimism that the U.S.-China trade talks extended into the extra third day could ease tensions. The ongoing crude output cuts by OPEC, aimed at reducing an emerging glut, also supported prices. Brent crude rose sharply by 4.7% to $61.44 a barrel, while WTI futures surged by 5.2% to $52.36 a barrel.
read more... 10/01/2019
InfraRed Capital to acquire 1.5GW solar portfolio in Spain from Progressum
UK-based InfraRed Capital Partners has agreed to acquire a 1.5GW solar photovoltaic portfolio in Spain from Progressum Energy Developments for an undisclosed price.
read more... 10/01/2019
Gazprom brings energy security of Kaliningrad Region to new level
Gazprom makes comprehensive efforts to improve the reliability of gas supplies to the Kaliningrad Region. Gazprom carried out an alternative gas supply project focused on LNG deliveries by sea. A gas receiving terminal based in the Baltic Sea and onshore was built in the Kaliningrad Region.
read more... 10/01/2019
Turkey resumes oil import from Iran
Turkey has resumed imports of Iranian crude oil under the U.S. sanctions waiver, according to the trading and shipping sources.
read more... 10/01/2019
Daily (09.01.2019): German spot power contract was 15.9% higher on Tuesday on low wind output
The strong upward evolution in oil prices on Tuesday was caused mainly by OPEC-led crude production cuts. The bullish trend was also backed by signs of progress in U.S.-China trade talks. Officials of the world’s two biggest economies expressed optimism on resolving the dispute. Brent crude soared by 2.4% to $58.72 a barrel, while WTI crude jumped by 2.6% to $49.78 a barrel.
read more... 09/01/2019