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Daily (13.08.2018): Oil prices rose on Friday, but posted weekly declines due to global trade disputes
Oil crude prices surged on Friday, on predictions of lower supply following U.S. sanctions against Iran. Brent crude closed 1% higher at $72.81 a barrel. Meanwhile, WTI crude soared by 1.2% to end at 67.63% a barrel, posting nevertheless a 1.2% decline week-on-week, on global trade disputes that might slow economic growth and reduce demand for energy.
read more... 13/08/2018
Russia agrees with four nations to divide resources beneath Caspian Sea
Iranian President Hassan Rouhani, Azeri President Ilham Aliyev, Kazakh President Nursultan Nazarbayev, Russian President Vladimir Putin and Turkmen President Kurbanguly Berdymukhamedov walk on the embankment of the Caspian Sea following the Fifth Caspian Summit in Aktau, Kazakhstan August 12, 2018.
read more... 13/08/2018
Nord Stream 2 natural gas pipeline offers 'alternative route' to Danish authorities
Nord Stream 2 AG has handed in an application and an Environmental Impact Assessment report to the Danish Energy Agency for an alternative route for the 55 Bcm/year twin natural gas pipeline delivering Russian gas to Germany, the company said in a statement.
read more... 13/08/2018
New solar plant powers cheese processing facility
A giant solar farm that is powering a cheese processing facility in Northern Ireland has been launched.
read more... 13/08/2018
Daily (10.08.2018): NBP spot price dropped by 0.5% on Thursday due to an oversupplied system
Increased trade tensions between U.S. and China will probably lead to a lower demand for crude, weighing down on oil prices. Brent crude slipped by 0.3% to settle at $72.07 a barrel. On its turn, WTI crude edged 0.2% lower to 66.81 a barrel.
read more... 10/08/2018