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Daily (09.05.2018): WTI crude fell 2.4% on Tuesday after Trump’s announcement that U.S. will withdraw from Iran nuclear deal
Oil prices posted losses on Tuesday after Donald Trump’s announcement that the United States will withdraw from the 2015 Iran nuclear agreement. Brent crude dropped by $1.32, or 1.7 percent, to close at $74.85. WTI futures slumped by 2.4% to $69.06 a barrel.
read more... 09/05/2018
Daily (08.05.2018): Carbon prices jumped by 4.6% on Monday on long-awaited announcement of EU aviation allowance auctions
Oil prices hiked on Monday due to forecasts for higher prices on gasoline and consumer goods. Brent futures rose $1.3, or 1.7%, to end at $76.17 a barrel. WTI crude surged by 1.5% to settle at $70.73 a barrel, for the first time above $70 level since late 2014.
read more... 08/05/2018
BP ready to launch drilling operations of the first well in shallow waters of Absheron Peninsula
Vice-President for External Affairs of BP Company in Azerbaijan, Georgia and Turkey Bakhtiyar Aslanbeyli declared that BP Company intends to launch the drilling of the first well in promising structures in the shallow waters of Absheron Peninsula (SWAP) at the beginning of 2019.
read more... 07/05/2018
UAE: A 200 MW facility launched at Maktoum Solar Park
Electricite de France and Abu Dhabi-based renewables firm Masdar launched a 200-megawatt (MW) facility, which is the third and latest phase of the Mohammed bin Rashid Al Maktoum Solar Park, as stated by local media.
read more... 07/05/2018
Daily (07.05.2018): WTI crude surged by 1.9% on Friday due to tight global supplies
Oil prices rose on Friday on tight global supplies and because the market waited for the news on possible new U.S. sanctions against Iran. Brent crude added $1.25, or 1.7 percent, to close at $74.87 a barrel. WTI futures settled 1.9% higher at $69.72 a barrel.
read more... 07/05/2018