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Daily (03.10.2018): The German spot power price tumbled by 57% on Tuesday due to higher wind generation
Global oil prices slipped slightly on Tuesday due to reduced demand. However, the market’s anticipation of tighter supply once U.S. sanctions against Iran’s oil industry will come into effect early next month kept oil prices above $84 level.
read more... 03/10/2018
Norwegians acquire 1.55GW portfolio of Irish and UK wind farm developments
Statkraft has acquired Element Power's wind power portfolio in Ireland and the UK which has about 1550MW of projects under development.
read more... 03/10/2018
Dutch, German natural gas flows to Belgium hit multi-month highs on Monday as UK's stop
Belgian natural gas imports from neighboring Germany and Netherlands rose to multi-month highs on Monday as imports from the UK via IUK interconnector stopped because of a long-term capacity contract at the start of the new gas year.
read more... 03/10/2018
Russian oil production jumps to post-Soviet high
Russia is ramping up crude oil output after OPEC and other countries agreed to ease production curbs. In September, Russia produced a record amount of oil in its modern history.
read more... 03/10/2018
Daily (02.10.2018): French spot power prices hiked by 10.4% on Monday, on lower nuclear and wind power generation
Oil crude prices continued to surge on Monday due to increased worries about global supply after U.S. sanctions targeting Iran’s oil exports will come into effect early next month, with about 1.5 million barrels per day of Iranian oil expected to disappear. Brent crude price, the international benchmark, gained additional 2.7% to trade at $82.98 a barrel. WTI crude was up by 2.8% at $75.30 a barrel.
read more... 02/10/2018